You need to decide how much you’re willing to write a check for. In other words, how much of your own money (before any business loans) are you willing to risk? For example, if you’re looking at a franchise that has a total cost of $200,000, how much of that $200,000 is going to come from the mo... Read More
I met an ex-multi-unit franchise owner of McDonald's, recently. We shared a few things. His story was interesting. But, what he shared with me about today's McDonald's stores-his feelings about them, was pretty interesting... Read More
If you're going to end up becoming the owner of a franchise business, make sure you remember about the marketing fees that you'll be asked to pay. (Told to pay, actually.) And, make sure that you include them in your projections... Read More
With so many entrepreneur opportunities available...you may be wondering if a low cost franchise is a bad idea or the right business model for you...These tips... Read More
Communication between a franchisor and its franchisees is very important. Why is listening a crucial skill both franchisor and franchisee need to master? Read More
Franchise Direct did this blog post about franchising your way to a new career in a shifting world, recently. It's good food for thought. Should one view franchise ownership as a career? Read this post and find out. Read More
It's very important for would-be franchise owners to focus on the franchise concepts that are right for them. However...there's something else that they have to focus on, too. Read and learn. Read More
As a franchise consultant (yes some also call me their franchise coach) I was talking with a franchise candidate the other day about her interest in owning a franchise. She was curious how she might “fit in” as a franchise owner. That led to a series of questions about her personality style, what Read More
Over the years, I've sprinkled some op-ed pieces into my franchise blog. Most of them revolve around politics. It's important for independent voices like mine to be heard. After all, this IS America! Read More
Data on military veterans who have become franchise owners is pretty scarce, these days. Well, that is until now. Check out this FBR report that I linked to from my franchise book blog. 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!