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Home Service Franchises Are the Right Fix for Handy Entrepreneurs

Many people spend their entire working lives dreaming of being their own boss. Being a small business owner gives you the ability to leverage your talents, create cash flow, build wealth and create the life you’ve always wanted. For many, however, starting a business is a daunting endeavor that requires an understanding of marketing, finance, distribution, sales, and more. It’s…

Thinking of Starting A Business? Consider the Benefits of a Small Business Franchise Ownership

For many of us, owning a small business is a significant goal. Owning your own business gives you the opportunity and freedom to call your own shots. However, starting one can be a challenge. You need to create a business plan, source products, or design services that are in demand. You need to understand financing and marketing, hire staff, find…

Thinking of Buying a Franchise? Here’s How to Find the Right One for You

Franchising is considered a favored business model among entrepreneurs because it provides many of the benefits of business ownership, such as freedom and a virtually unlimited potential for success, while also offering a proven system, recognized brand, and ongoing support from the parent company. For these reasons and many others, franchising is rapidly expanding: there are currently over 3,000 franchises…

4 Reasons Why Business Owners Should Have a Mentor—And Tips for Connecting with the Right One for You

Many entrepreneurs are fiercely independent and self-driven—and therefore, they may be reluctant to seek guidance in starting and growing their businesses. However, statistics indicate that having a mentor may be instrumental in ensuring long-term success for business owners. According to the U.S. Small Business Administration (SBA), only 50 percent of all small businesses survive their first five years in operations.…

How to Manage Your Manager in a Semi-Absentee Franchise

The promise of more freedom and greater work-life balance is one of the most compelling reasons why entrepreneurs are drawn to franchise ownership. However, some opportunities offer the franchisee more freedom than others. Specifically, semi-absentee franchises—in which the business is primarily run by a manager with minimal involvement from the owner—are ideal for individuals seeking to reap the benefits of…

The Top 5 Factors to Consider Before Becoming Your Own Boss

Nearly anyone who has ever felt stifled by the corporate world has dreamt of leaving their jobs behind to “become their own boss.” Undeniably, entrepreneurship offers several compelling advantages, such as the freedom to control how and when you work, a virtually unlimited potential for success, and the pride of building your own business. However, the leap into entrepreneurship should…

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