Starting your own business is an exciting and terrifying prospect. Many people choose to take a more financially secure path by purchasing a franchise.
No matter how enthusiastic you are about investing in a franchise business, before signing on the dotted line, evaluate it in terms of your ability to exit if you need to move on.
Delivering the same high-quality product or service consistently is a huge challenge. The only way this remarkable consistency can be accomplished in a franchise is by using a business system.
When hunting for a great franchise investment, it is important to talk to business owners who have already made the plunge you’re considering.
You should be getting help from franchise headquarters. During your franchise research, here’s a question to ask to find out if you will.
if you’re looking at franchises in what appears to be a crowded sector, how can you determine which ones you should focus on? Joel Libava offers these five tips.
In an uncertain economic environment where finding a job can be stressful, many smart and savvy working professionals are yearning for the opportunity to be their own boss.
The franchise you’re thinking of buying may have an amazing track record. However, if it’s in the wrong area of the country, that terrific track record could go right out the window!
One professional franchise consultant considers buying his own franchise, and shares the steps he is taking as he researches various franchise opportunities and performs the necessary due diligence.
Franchise consultants can be an invaluable resource for would-be franchisees, but here are a few things you should know before using one.