Pros and Cons of Owning a Sole Proprietorship

One of the main decisions that have to be made when opening a business, is the business-type. The two most popular types of businesses are sole-proprietorship and franchises. For those are unfamiliar with SPs, here's a small recap.A sole proprietorship is a business owned by an single individual or family. These types of business are your mom-and-pop stores that are unique to each area. They're often are smaller in…

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Pros and Cons of Owning a Franchise

For those of you out there who like the idea of being your own boss, and are looking to start a business of your own, we're here to help. Starting a business can be scary, especially for the inexperienced or those who have a lot to lose if they fail.The first step in starting a business includes asking yourself a series of questions. One of the main questions that…

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What’s the Best Kind of Business?

Starting a business can be daunting even to the most seasoned of veterans.The primary focus of any good business owner is to make good decisions.When it comes to opening a business, there are countless decisions to make even months before opening day:        -    What kind of business should you open?         -    When should you open?        -    How much should…

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5 Myths about Franchising

What is a franchise? According to business-law.freeadvice.com, "A franchise business is a business in which the owners, or "franchisors", sell the rights to their business logo, name, and model to third party retail outlets, owned by independent, third party operators, called "franchisees"'.This basically means that a franchise is a business that allows other people to invest in their concepts and ideas, and try them in their own area. When…

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7 Reasons Starting a Franchise is Better than Going Alone

With hundreds of thousands currently in business right now, franchises are everywhere and can be found across the globe. With so many successful franchise companies, there has to be some pretty significant advantages to owning a Franchise. After some research, our team compiled a quick and easy list of some of the biggest benefits. Here are 7 reasons why starting a franchise is better than going alone.The first reason…

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How much does it cost to open a Franchise?

How much does it cost to open a Franchise? Before we answer this question, let’s review what a franchise is. A franchise is a type of business that allows interested investors to purchase the right to use same the brand, advertising methods, and business model from another business. Typically, the investor will pay a one-time franchise fee and some kind of royalty or fee over time to become a…

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What is the Best Franchise?

First off, let’s identify what a Franchise is. A franchise is a business that you can buy that allows you to use the pre-established business model and products or services. By paying a fee to the franchisor (the owner of the license for the business model and products of the franchise), you are purchasing a license from the franchisor that allows you to open a franchise with the provided…

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What is the Best Franchise?
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7 Reasons to Use a Franchise Consultant

If you were to ask a random person on the street, "What's a Franchise Consultant?" chances are, they wouldn't know. In case you're one of those people:A franchise consultant is a professional business person who knows everything franchise, and helps potential business owners find a franchise that suits them.If you don’t know what a franchise is, or the benefits to owning one, take a few minutes and visit my article on…

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How much does it cost to open a Franchise?

Opening a Franchise is a great way to start a business. When you open a Franchise you are partnering with a proven business concept that has systems & processes to help you succeed. Opening a Franchise helps reduce your risk and increases your chance for success.Franchise companies provide you with a blueprint for starting a Franchise. They help you find a location, help you hire the right employees, stock…

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What is the best Franchise to buy in 2018?

If there is one question that we get asked more than any other it is "What is the best franchise to buy?"As a Franchise owner you wear many hats. You oversee the business, you manage the manager, you watch the numbers, you steer the shop so to speak. A Franchise is a system, a business model that follows a proven operation that can be duplicated at another location. When…

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