FRANCHISE RESOURCES

Every start-up business professional cringes at the thought of staring at a blank excel spreadsheet and creating a budget. However, a budget is essential to meeting your financial forecasts and running a successful franchise.

The old cliché still applies today. Selecting the right franchise location is a major contributor to its success. First make sure you know the nuts and bolts of your franchise. There are so many different types of franchises that finding a location is not a cookie cutter process. If you truly want to understand the right franchise location work closely with your franchisor to answer key questio…

Although the entry costs and ongoing expenses of buying a franchise may seem steep, it also costs money to start your own business. One of the advantages of choosing a franchised business is that you enter with your eyes wide open regarding startup and future costs.

We are closely approaching 2015. It’s time to pull out the old resolutions, go to the gym, eat less carbs and give up chocolate. But what about fulfilling yourself professionally? You might consider purchasing a franchise your new year’s resolution.

You have taken the big step and you are ready to purchase a franchise. But as you know, it’s important to affiliate with a business that has a solid track record and a proven system. One of the most important things to look at as you find the right “franchise fit” is training.

Before you start out on your new franchise venture and push the “go” button, take a moment and quiz yourself to make certain you understand the glossary of franchise terms below.

Many people are interested in starting their own business, but they are often unsure as to how to proceed. One option to consider is to purchase a franchise.

Consider purchasing a franchise. If you have that burning desire to start a business, you have a few options. You may buy an existing business, start one from scratch or become a franchisee.

You have made that big decision. You are taking the biggest risk of your life and have selected the right franchise for your future. But the next step towards becoming an owner is the most critical one, financing your investment.

You are at that pivotal point. You have done double due diligence. You have scoured the financials. And you are buying a franchise that has a history of determination, sweat and tears, and success. But before you sit in the lawyer’s office and sign away, take a second look at the history of the brand into which you are placing your life savings.