Most of us are accustomed to enlisting the help of a professional when venturing into something new or outside our own expertise. We hire attorneys to write our wills, realtors to help us buy and sell houses and plumbers to keep our drains clear. So if you are considering launching a
Done right, franchising can be a fast track to launching a business. Unlike other start-ups, the greatest benefit of franchising is working with a proven system. Franchisors have already developed winning concepts for successful businesses, and they have done much of the legwork for y
by Pete Gilfillan McDonald’s. Subway. Supercuts. Those are household names today, but in the beginning each was just a business idea. Choosing the right name for any business is important, but it becomes vital when creating a franchise. Ideas for Franchise Names There are a number of
The decision to buy a franchise business can be a life-changing one. When considering whether franchising is a good idea for you, several factors should be evaluated. The advantages of franchising are many.
If you are wondering whether you have what it takes to strike out on your own, you can learn a lot by studying the characteristics of successful entrepreneurs. Every business owner has his own story, but successful entrepreneurs share some common traits.
An important step toward becoming a franchise business owner will be determining how you will finance your investment. While some franchisees have access to plenty of capital to fund a new business, most will need to secure at least partial financing. Finding a franchise loan takes re
The difference between licensing and franchising can be confusing, but the terms are not interchangeable, and it is important to understand the unique characteristics of each. This will help you better understand licensing versus franchising. Licensing allows a business to sell intell
Pete Gilfillan is a franchise consulting expert specializing in connecting successful business people with winning franchise opportunities. We work with you to determine the right business for your goals and lifestyle.
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