Blog, Success & Media

Strengths of Franchising

When you’re thinking about opening your own business, there is a monumental checklist of things to consider. The plethora of options out there may seem overwhelming and maybe even confusing, but one lower-risk option to take under advisement is buying a franchise. A franchise is a company you buy from a franchisor who gives you … Continued

How to Turn Your Business into a Franchise

A great way to realize business growth while at the same time minimizing the costs associated with expanding into additional locations going it alone is through franchising. When you franchise your small business, you are – in essence – lending your business model, brand name, and operation strategies to another entrepreneur in exchange for an initial franchise … Continued

Franchising Versus Traditional Business

The American dream is won or lost on the grounds of entrepreneurship. It is the idea that each and every U.S. citizen has an equal opportunity to achieve financial success through hard work, initiative, and determination. Whether you decide to invest in a franchise business or create your own independent startup (or traditional business), you’re … Continued

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

Different Types of Business Strategies

When it comes to running a small business, either an independent startup or a franchise investment, there are a number of business strategies that can be used to ensure success – and each varies depending on the company-specific situation. For example, newer businesses will face a different set of challenges than a business that has been … Continued

Do You Need a Business Consultant?

Managing your own business is difficult. Whether you’ve invested in a franchise or are pulling together resources for an independent startup, chances are you can’t afford to waste time, supplies, talent, or money. The bottom line is that you need to make sure you are spending your limited resources in the best way possible. A … Continued