If you are planning to pay for business to quit my job to prepare a business plan and go, it is important to ask if you're ready financially. Read More
How does a top 10 sandwich franchise end up in a $206 million legal settlement with its franchisees? That’s not important. What’s important to you is that this information is publicly available. If you are interested in this franchise brand, you should know about this settlement. Read More
Item 19 in the Franchise Disclosure Document (FDD) -- Financial Performance Representation, or FPR, which can include a range of actual or potential income, sales, gross or net profits.
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Cash flow problems are one of the biggest challenges facing businesses today. In fact, it's those companies that cannot get a handle on cash flow that usually fail. This article share 3 proven cash flow correction strategies. Read More
When operating a business it’s vital that you keep your business banking separate from your personal finances. Here are some reasons why you might want to consider a business bank account, and how to go about finding the right one for you. Read More
In Part 1 of this franchise series, I wrote that "travel burnout" was one pretty popular reason that folks tell me they wanted to move away from a corporate job, and move towards becoming their own boss. Here's Part 2. This post is about one word. One theme. (And a short music video) Read More
When you are buying a small business selecting a wrong franchise can hurt you and may even wipe out your hard earned savings. In this post we have listed 5 qualities you should look for to see if you are going to be successful with the franchise. Read More
When people hear the term accounting, there is an involuntary reaction whereby the comprehension centres (the medical term) of their brains tend to shut down, and sleep mode is activated. This is unfortunate, as accounting, especially to a small business owner, can actually be quite interesting. Read More
Many accountants and insurance agents who signed for, gave advice on, or sold many 412i, 419, captive insurance or Section 79 plans are finding themselves not only losing their licenses but being fined huge penalties by the IRS as well. The sad thing is, many of them not only didn't see it coming. Read More
Most folks who are talking about buying a franchise, say that they're buying a franchise because, "there's already a proven system in place." That's true. There are actually several things that you get when you invest in someone else's idea..someone else's system. They're important things....but the Read More
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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!