by By Katherine Fein I often give seminars in my local community. One question that I am asked at every single seminar is “What are some of the most common “warning signs” about a particular franchise system?” My reply is something like: buying a franchise is usually the biggest business decision most entrepreneurs will make, [...]
BY DAVE BARNETT, TRANSCONTINENTAL MEDIA The Nova Scotia Business Journal Lately, I’ve been talking to a lot of people who are interested in buying franchises. More specifically, people who are interested in buying these businesses second-hand from the original franchisee. For those of you who don’t already know, a franchise is a ready-made business that [...]
Finding a franchise business that is right for you is simple if the right preparation is done beforehand. So what steps do you need to take to ensure that your first venture into business goes according to plan? Who Are You? First you must take a long hard look at yourself. What kind of person [...]
Wouldn’t it be great to get to work one day and have that problem! The key to producing this “terrible” business situation on demand may be closer than you think. Many entrepreneurs start their businesses because they see a problem that they believe that they can fix. For example, Sam Walton founded the hugely successful [...]
Opening your own franchise can be a great idea; however, there are literally thousands of franchise opportunities to choose from. Many people look at a franchise as an opportunity that gives them guidance in opening their own business. When you are affiliated with another company, as a franchise is, you have a much better opportunity [...]