You’re probably familiar with the idea of franchise ownership, but have you ever heard of a conversion franchise? A conversion franchise is when a franchisee joins their independent business with a...
If you are thinking about buying a franchise that requires a physical location, then you’ll likely need to secure a rental agreement. Negotiating a rental agreement is a key element to the start of...
If you're worried that your credit score might be a barrier to owning a franchise, this article is for you. A credit score is a number between 300-850 that determines your creditworthiness, which...
“Net worth is a quantitative concept that measures the value of an entity and…provides a snapshot of an entity's current financial position” (Investopedia). Are you interested in owning your own...
In 2020, business owners faced mandatory shutdowns due to COVID-19, which severely limited their level of operations. Not surprisingly, these shutdowns were especially hard on small businesses, at...
Work-from-home opportunities have become much more common over the last few years. While it might not be for everyone, the ability to work from home is an attractive option for many individuals in...
Master franchising is a multi-unit model that some franchises use to quickly expand their presence in new territories. It offers a win-win-win partnership for everyone involved. Not only does the...
In today’s society, more and more people are seeking to achieve a work-life balance that embraces the mindset of “working to live” and not “living to work.” She may be known for her singing, but...
When entering the business world, it can be daunting to discern the confines, gravity, and scope of franchising. What exactly does franchising entail? How do you know if franchising is right for...
The holiday season is unmatched when it comes to giving and receiving gifts. We’ve all been taught that it’s better to give than to receive, but far too many of us give and give to others and leave...