It’s a significant thing to shift from employee to employer. There is a significant distinction between depositing a paycheck for yourself and transferring funds into your business checking account in order to pay someone else. The question you need to ask yourself has to do with patience. Specifically, can you be patient? Simply put, can […]

In today’s economy, franchise opportunities are endless. A closer inspection finds that not all franchises are the same, though. There are many benefits to working in the franchise industry, including some recession-resistant brands with low start-up costs and low overhead. Additionally, working your own hours and taking charge of your own decisions may enhance the […]

This brick-and-mortar cafe is a one-of-a-kind lifestyle brand that offers customers multiple options to pursue their healthy lifestyle goals. While customers love the food, there is even more for franchise owners to love. The concept began franchising in 2016. Superior nutrition options, a steady dose of health and wellness education, and a diverse support community […]

The right credentials can help you determine whether a Franchise Consultant is qualified to meet your needs, but there are other factors to consider when selecting a Franchise Consultant. An introductory call is usually the first step in connecting with a Franchise Consultant. Consider the qualifiers listed below as the call progresses. First impression: Does […]

The development of side businesses is arguably one of the most fascinating current business topics. Whatever you want to call it: the gig economy, micro-business, passive income, or a side business. Approximately 42% of these people also have a day job. When you consider how our working environment has evolved, the news isn’t all that […]

How do you know which franchise is right for your investment? With so many franchise brands and industries to choose from, the options can be overwhelming. Even though opening a franchise is primarily about making money, where would you rather spend your time if you had a choice? Making money for yourself or someone else? […]

Discovery Day is a critical step in the due diligence process, whether you’re a seasoned franchisee or just starting out. I’ve attended several Discovery Days (DD) and compiled this list of what to do and what not to do. Do: Prepare Yourself Do your research on the brand. First, attend all calls with the brand […]

Franchising is a popular option for entrepreneurs pursuing business ownership. However, franchising and start-up businesses are two distinct concepts that share many aspects while also having significant differences. Many aspects of the start-up model are shared by franchising. For example, both involve businesses that sell goods or services, and the start-up owner or franchisee is […]

Finding out how much money you need to invest is an important step in the franchise research process. Here are my top six financial questions to ask when considering purchasing a franchise: 1. What kind of revenue can I expect from this franchise? Many factors will influence the answer. A range of incomes may be […]