Net Worth Requirements and Franchise Opportunities
BY BILL BRADLEY, Founder/CEO, America’s Best Franchises January 31, 2013 Almost every franchise has a net worth requirement for franchisees. Before being considered for the franchise investment, you might have to prove that you have a net worth of $100,000 or some other amount. Some large franchises require even larger…
Get Unstuck in Your Search
BY JAY CAPPERELLA, VP of Franchise Development, Above Grade Level January 30, 2013 If you are reading this, chances are your email in-box is littered with countless career emails. There are offerings, solicitations, requests and mass produced email drips masked as personal notes. I spend most mornings deleting, deleting, deleting….
Tutoring Franchises For Children
BY BILL BRADLEY | January 28, 2013 Our educational system is in a state of change, and many parents are looking to franchise businesses for the support they need. Investing in a tutoring franchise lets you make a difference in the world while earning your share of this $11 billion…
Franchises for Women
BY BILL BRADLEY | January 25, 2013 In 2011, the median income of full time working men in America was $886, while women’s median weekly income was $718 – almost 20% less. A recent report claimed that only 13.5% of executive positions in public companies are held by women. Is…
Questions To Ask Before You Search For a Franchise
BY JOEL LIBAVA | January 25, 2013 Before you start searching for that perfect franchise to buy, there are (at least) three questions you need to get answers to. That way, when you do find some great franchises to explore, you’ll be ready to move forward if one of them…
Marketing Your Franchise: Realities
BY BILL BRADLEY | January 23, 2013 Your franchise is a household name, so you can just sit back and wait for customers to roll in – right? Wrong. As you decide whether to invest in a franchise opportunity, it’s important to have a realistic understanding of the factors that…
Projecting Cash Flow in a Retail Franchise
If you’re thinking about buying a retail franchise, projecting the cash flow of your operation will be pivotal to your success. Business failure or, in this case, retail franchise failure, is most often caused by the lack of investment capital and/or ongoing working capital. As a result, building a cash…
Are You Thinking About Buying A Franchise?
BY BILL BRADLEY | January 15, 2013 If you’re thinking about buying a franchise, you’re likely questioning your readiness or the timing of the decision. You may even have some self doubts as to whether you would make a good franchise owner. Are you truly a good candidate for franchise…
Franchises Fail – Steps to Help Prevent It From Happening to You
BY BILL BRADLEY | January 11, 2013 Have you weighed the benefits of buying a franchise vs. buying an independent business? If you’re unfortunate enough to have read a Department of Commerce study published in the mid 1980’s, you may be under the false impression that 94% of franchise businesses…
THE LIFECYCLE OF A FRANCHISE SYSTEM
Four Stages: Which one is best for you? BY MARC KIEKENAPP | January 4, 2013 Understanding the “Lifecycle” of the franchise system can help you make a better decision on what may be the right franchise for you. Here are a few hints on what to look for during your…