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The success or failure of a business hinges on a number of integral factors ranging from market conditions to competition to the quality of the product being sold.  But, can you guess what the most important factor that contributes to actual business outcome is? The answer is management.  That’s a big part of the reason why working for a bad…

​The top reasons people pursue self-employment?  Increased independence and better income rank way up there.  But there are a number of smaller side-benefits to small business ownership that you might not think of all the time–but that are still pretty great!  For example, one such perk is the ability to write off business expenses.  Here are the top 3 tax…

In a perfect world, when a prospective business owner is ready to purchase a business they simply would head to their local bank and ask for a business loan. Though it’s a nice thought, the real world works a little differently.  Almost all startup businesses need to seek funding through external sources.  Though obtaining funding can sometimes be complicated, no…

One benefit of living in the United States is that almost anyone with an idea or a dream can work, save, and start their own business.  Sadly, there are a large number of potential entrepreneurs with an idea who have worked and saved, but they just do not have the courage to take that final step and start their own…

​Feeling under-appreciated and unfulfilled?  It’s time for the break up!  Though this might not necessarily be the right advice when applied to your personal life, there’s no doubt that it’s true when it comes to your professional life.  During weekdays you likely spend half your waking life at your job–and the average American works over 1800 hours per year!  If you’re…

Back in the “good old days,” there existed an unofficial yet highly common model of the typical franchisee: in other words, the vast majority had similar goals and aspirations.  Most were looking to run their own store, dedicate long hard hours to that one location, and maybe–just maybe–look to expand once they had solidified success.  These expansions were typically hyper-cautious;…

 Ask many of the world’s greatest athletes the key to their success, and they will oftentimes list coaches right up there with hard work and dedication.  Many writers say they owe their success largely to their editor.  Nearly every president and prime minister in the world uses a cabinet of advisors. Why should we assume that this dynamic is any different…

​Franchising–the process by which successful chain-businesses allow entrepreneurs to open up new locations using the brand name and all the company’s industry secrets–is one of the most popular and important ways that Americans manage to work for themselves. What makes franchising so special?  It is a unique opportunity for up and coming entrepreneurs to use a tried and tested business model. …

It can be extremely intimidating as you near retirement age to consider going on your own and owning your own business, but with a well-managed franchise system a break off could be the best decision you’ve ever made. Not only will it make you feel successful and accomplished, but a franchise can provide either a passive income or a way…

Embarking on your franchising journey can feel like a unique commitment, but in reality the relationship between franchisor and franchisee has many similarities to a marriage. Because your choice is such an important one, you shouldn’t make it alone. Careyann Golliver, a FranChoice consultant, will be your partner as you pick out the right franchise model and franchisor you want…