Choosing the Right Franchise
How to Spot a Bad Franchise Opportunity
So, you’re going down the black hole of endless research for the perfect franchise opportunity. And for good reason: It would be naive to assume every franchise you come across is a good investment. How do you figure out which is the opportunity with the lowest risk and highest probability…
Buying a Franchise: 3 Benefits of Ownership
More than 30 percent of small businesses fail within the first five years of being open. This is largely due to the fact that start-up business owners have to figure out how to effectively run their business along the way. That’s why many entrepreneurs turn to franchising; it offers the…
Benefits of Home-Based Franchises – Rise of the Solopreneur
There’s no longer a stigma against those who work from home. In fact, 43 percent of the United States workforce works remotely, while nearly 50 percent of small businesses are home-based and generate more than $400 billion per year. Forbes says the rise of the solopreneur means increased interest in…
6 Mistakes to Avoid as a First-Time Franchisee
You finally found the golden franchise opportunity right for you. It’s exhilarating, especially since you spent so much time looking for the perfect fit. There’s so much to look forward to. But be forewarned not to let the excitement of owning a business blind you from the reality of it…
The Basics of Franchising: What You Need to Know
Franchising is when a franchisor grants a franchisee the rights to sell their products and/or services. The two enter an agreement that allows the franchisee to use the franchisor’s methods, operations, systems, brand name and other intellectual property to grow their business. Franchisors often provide ongoing training to support the…
Choosing a Franchise Opportunity: 10 Steps to Franchising
So, you want to start a business but don’t know where to begin. While franchising has crossed your mind, you’re still not sold on the idea. Thankfully, you’ve come to the right place, America’s Best Franchises, where we’re all about helping you choose the right franchise opportunity for you. Here’s…
7 Questions to Ask Yourself Before Considering Franchising (Is Franchising Right for Me?)
If you’re considering franchising as an alternative to your 9-to-5, you’ve come to the right place. But wait! Before you make any rash decisions, like quitting your job, there are a few things you should consider, first. Yes, franchising is a great way to own your own business because it’s…
Franchising: Your Escape From Corporate America
Corporate America provides you (and your family) with stability. It gives you a steady paycheck, health benefits and more. All you have to do is work…which can sometimes seem like a life sentence. You slave away from 9 A.M. to 5 P.M. — and more often than not, you work…
Franchising With a Business Partner
Franchising is a considerable endeavor that comes with its fair share of obstacles and rewards. The question is: Would you rather go it alone or with someone you trust? A business partnership is defined as two or more people who start or expand a business (or franchise) together. It can…
Franchising When You’re a Mom
Mother may as well be a job title. Think about it: moms are basically entrepreneurs. You manage the household, often including everything from finances to every family member’s schedule, not to mention, making sure everyone is happy and healthy, too. Sometimes, on top of all of that, you have to…