Franchise Articles

Mar 26, 2010

Am I a Good Franchise Candidate?

With the knowledge that most new businesses are likely to fail within the first few years, it makes sense to consider a franchise, as the success rate is far greater. If you are at the point where...

Jan 20, 2010

Home Based Business Opportunities FAQ's

There are lots of reasons that people grow weary of their job. Burnout is a common thing in the workplace due to stressful work environments, office politics, the daily commute, and the grind of...

Nov 20, 2009

Are You Franchise Material?

As with any other organization, franchisors need to look for certain characteristics in applicants to determine if he is indeed right for the job. Candidates for priesthood must generally show...

Oct 29, 2009

How Much Will it Cost to Open a Franchise?

How much does a franchise cost? Of course the cost of obtaining and starting a franchise depends on several variables. For instance, the type of industry, size and location are some of the...

Sep 30, 2009

Advantages of Franchising

Franchising is by far one of the most popular business expansion systems in the world today. The success of franchising as a business system can be attributed to several factors. The first and the...

Sep 23, 2009

Franchise Overload

Going into the franchise business might be a very good idea for you as it is one of the popular methods of doing business today but when you do a search of the available franchise opportunities,...

Aug 28, 2009

Franchises - So many to choose

Going into the franchise business might be a very good idea for you as it is one of the popular methods of doing business today but when you do a search of the available franchise opportunities,...

Jul 21, 2009

Check the Pedigree!

Today, more and more people are choosing to become self-employed or, alternatively, buy a franchised business. It’s a major shift in your life. It’s an exciting step for you with lots of potential...

Jul 20, 2009

Why Buy a Business Instead of Starting One?

The term “entrepreneur” was initially used to describe an individual who created a business venture. More recently, the term has been applied to any business owner. There is often a significant...

Jun 22, 2009

What does it take to be successful in business?

A question I will often ask during an interview with potential candidates for a business or franchise is, “What does it take to be successful in business today?” Common answers I get are:...

Jun 12, 2009

How To Assess Your Financial Comfort Level

Before you commence your search for a business, it is a helpful to have an idea of what you can afford. This prevents you from wasting your time pursuing businesses, which are beyond your means. The...

May 29, 2009

Negotiating a Mid-term Rent Reduction for Your...

Whenever I speak at an expo or convention, I inevitably meet many struggling entrepreneurs and franchisees leasing commercial or retail space. These tenants desperately need a rent reduction ... right...

Apr 24, 2009

How Can You Find a Good Franchise Business?

Time after time franchisors comment on how difficult it is to find good franchisees. Surprise! As you look for a good franchise business you have just as many concerns and challenges. For...

Apr 21, 2009

Tips on Buying a Franchise in Canada

Unsinkable luxury liners aren’t supposed to hit icebergs on their maiden voyages, let alone plummet to the bottom of the Atlantic. Yet, notwithstanding watertight compartments and thick steel...

Apr 3, 2009

How can I know how much money I am going to make?

Many franchisors in North America are reluctant to provide earning claims in their disclosure documents. In the United States projections have been in the past such a cause for franchisees to take...

Mar 26, 2009

Understand Financial Statements

There is a perception that financial statements are complex and can only be interpreted by professional accountants. On the contrary, once you become familiar with the overall concepts and the...

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