Buying a Franchise
Obstacles to Overcome When Starting a Franchise
Starting a franchise is a great alternative to starting a business from scratch. You get the benefits of an established brand and a proven formula for success. But that doesn’t mean that it’s easy – entrepreneurship of any kind always has obstacles to overcome. Here we’ll discuss some of the…
Can You Get a Food Franchise Under 50k?
Owning a fast food franchise can be one of the best ways to become a successful entrepreneur. Luckily, there are over 750,000 franchises in the United States alone. You may be thinking that it could take a lot of capital to invest in one of these franchises. What if you could invest…
How to Start a Franchise – Step by Step Guide
If you have entrepreneurial dreams, but the thought of starting a business from scratch seems daunting, a franchise can be the perfect opportunity. By buying a franchise, you get an existing brand with name recognition, and a formula for operating the business. But you still have work to do. Here…
Becoming a Franchise Owner: What Are the Best Franchises Under 30k?
Starting a business is the American dream, but it can often be a scary and complex process. According to the Bureau of Labor Statistics, around 20% of new businesses fail within their first two years. That’s where buying a franchise comes into play. Franchise ownership allows you to be a business owner…
How to Create a Franchise Business Plan
Becoming a franchise owner could potentially put you in a position to make a lot of money each year. The average franchise owner makes about $80,000 per year. And you’ll have the opportunity to make even more than that if you play your cards right. Before you start thinking about how much…
Everything You Need to Know About Franchise Contracts
It’s estimated that there are more than 750,000 franchise organizations in the US. In today’s world, there are plenty of ways you can make a living, and one that has been tried and tested is franchise ownership. Before you can take ownership of a franchise, you need to sign a franchise contract….
How to Buy a Franchise With No Money: A Complete Guide
Did you know that most home-based businesses cost $2,000 to $5,000, with the average micro business needing at least $3,000 to fund initial operations? That price can be much more if you want to own a franchise, leading most interested entrepreneurs to ask: Is it possible to learn how to buy a franchise…
What Is a Turnkey Business? A Beginner’s Guide
Are you looking to escape the 9-to-5 grind and become your own boss? If so, you’re among good (and plenty of) company. 70% of Americans have said they want to work for themselves, despite just 6% of the population actually being self-employed. We get it, though. Owning your own business…
How Do Franchise Owners Get Paid? An Easy Guide
Have you ever wondered how your favorite fast-food restaurant is able to maintain its uniformity across different locations? It’s all thanks to the franchise model, where a franchisor grants a franchisee the right to use its brand and business model in exchange for a fee. But how do franchise owners…
Franchise vs Chain: What’s the Difference?
Do you ever feel like there just aren’t enough hours to do all the work at your job? Are you suffocating underneath your boss’s never-ending list of tasks and demands piling up faster than you can keep track of? You’re not alone. Many people tire of corporate America and instead…