Blog

How to Manage Your Manager in a Semi-Absentee Franchise Ownership

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 franchise ownership—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…

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…

Retail vs. Service-Based Franchises—Which Option is Right for You?

If you are thinking about taking the exciting step of buying a franchise, there are numerous decisions you will have to make in order to find the best opportunity for your needs, goals, skills, and budget. One of the most fundamental decisions involves the choice between retail or service-based franchises. Understanding the differences between these two types of opportunities, as…

Why Buying a Franchise is Less Risky than Buying an Independent Small Business

For anyone embarking on the journey to entrepreneurship, the numerous options for owning a business may seem overwhelming. Should you start your own company? Should you buy an independent small business, such as a local “mom-and-pop”? Should you buy a franchise, and if so, which one? Choosing the option that will lead to success requires thorough research and an honest…

4 Ways to Set Goals that Will Power Your Success as an Entrepreneur

In both the personal and professional realms, clearly defined goals form a roadmap for success. Goal setting is particularly important for business owners and aspiring entrepreneurs, as they need to be self-driven in creating and following a plan that will help them achieve their dreams. However, successful goal setting requires careful consideration and adherence to certain guidelines; otherwise, goals may…

How to Properly Research Franchises and Find the Right Opportunity for You

  With thousands of franchise opportunities available in numerous different industries, it can be overwhelming for entrepreneurs who are interested in buying a franchise to determine which one is right for them. As with any other venture into business ownership, purchasing a franchise is a major investment, so thorough research and due diligence are crucial early in the process. The…

Trending Topics: 3 Themes to Consider 

As you consider purchasing a franchise, it’s important to stay educated and up-to-date about the market, the economy, and other pertinent information in order to make the most informed decision possible.  With that in mind, check out these three trending topics that have been making news in the franchising business as of late. #1: Semi-Absentee The stereotypical dream associated with franchise…

Making the Move ~ Going from 9-5 to Multi-Unit Franchise Owner  

Ever since the great recession ended, the economy has been growing quickly and overall conditions have improved greatly.  The market is full of opportunities waiting to be taken.  That being said, not everything is rosy.  Mergers, tighter business practices, and a changing world have created a situation that can be very difficult for workers–even the young and educated.  Recent statistics…

Join Our Newsletter:

Menu