I’ve thought a lot about risk lately. Being formerly in the corporate world and finding it more and more perilous, I chose the entrepreneurial path and now believe I should have started sooner. Once we reach a certain stage in our careers, what is riskier—staying in...
You have completed all the due diligence, attended Discovery Day and met with the franchise company’s founders and management team. You are excited to take the next step and move forward to start your own franchise business. But how do you finance this investment?...
Question: I’ve been investigating a number of franchises and they don’t seem to be very consistent in terms of rate of return on investment. In fact it sometimes appears that there is very little correlation between the total investment and the amount of money I can...
Franchising is a wonderful way to go into business for yourself. So many things have already been established for your benefit: branding, marketing, processes, products, systems, etc. Building a business through franchising has been so successful that franchised...
So what is a franchise and what is unique about franchising? It seems very mysterious to most people unfamiliar with it, including me when I first engaged with it. I meet many people who are both curious about and fascinated by franchising. I am too. And there is way...
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