July 2017

What is a Franchise?

  The International Franchise Association (IFA) explains that “franchising is simply a method for expanding a business and distributing goods and services through a licensing relationship. In franchising, franchisors (a person or company that grants the license to a third party for the conducting of a business under their marks) not only specify the products and … Continued

Best Business Practices

If you’ve started your own small business or have invested in a franchise, chances are you’re networking with peers, taking courses, and doing some research on best business practices so that you can find what best fits your strategy for success. If so, good for you! Running a business can be challenging, but if you … Continued

How to Develop Business Objectives

Developing appropriate and insightful business objectives may seem like a lot of busy work, but can be critical to your company’s prosperity. Knowing where to begin, and how to go about it is just as important. When you choose the right goals and objectives, you’re helping your new business find its footing and keeping your … Continued

Why You Need a Business Plan

Starting a business involves your mind and all your skills. You have to design the idea before it can be turned into reality. The process of making your dream a reality is never easy. When starting a business, you have to put your thoughts on paper through planning. Planning is an essential element in the … Continued