5 Red Flags to Watch For When Buying a Franchise

February 28, 2017 | 4:24 pm

Opening a new business is a major risk. There’s no guarantee that you’ll be successful. If you’ve got your eye on running your own business, but are wary of taking on the risks of business ownership without support, franchising could be a good path for you.

When you buy a franchise, you have the support and branding of the franchisor, which reduces some of the risks associated with new businesses. Still, there are risks in starting any business, even franchises. Be on the look-out for the following red flags as you evaluate franchises to invest in.

Are You Ready to Buy a Franchise this Year?

January 31, 2017 | 1:19 pm

Thinking about buying a franchise in 2017? If the idea of owning a franchise just popped up on your radar, it’s not a decision to be taken lightly. Read on to gain some insight into the steps you’ll likely need to take before committing.

4 Resolutions for Franchise Growth in 2017

December 30, 2016 | 6:28 am

With January approaching quickly, our thoughts often turn to making resolutions for the upcoming year. When you think of resolutions, you probably think of the common ones that you can apply to your personal life. But, as a franchise owner, there are ways you can set up resolutions to grow your business. The best part about the following resolutions is that they are not likely to be tossed aside by February. Putting them in place now will position you for success throughout the year.

3 Tips for Franchise Owners to Reduce Holiday Stress

December 14, 2016 | 8:40 am

The months of November and December can be a little hectic for any business. The holiday season puts stress on consumers and business owners alike. But there are a few areas of your business you can focus on ahead of time to minimize the holiday stress. If you’ve ever arrived at January 2 needing another holiday, you may want to apply the following ideas during this upcoming season.

When Will My New Franchise Become Profitable?

November 09, 2016 | 10:43 am

Opening a new business, whether it is a franchise or not, is a risk. One of the biggest questions you may have before buying a franchise is when it will become profitable. The start-up costs for new businesses are significant, which makes getting a return on your investment and sustained profitability one of the main goals for all new franchise owners.