Are You Ready to Open Your Second Business?
Growing a business is hard work. As you start to see the rewards of that hard work and enjoy the income and control that business ownership provides, a lot of people ask themselves, “should I open a second business?”
Tell Tale Signs You Can’t Trust a Franchisor
Are all franchisors good? Are all franchisors bad? These are questions I hear often. The answer…there are good, bad, great and ugly franchisors. Here are 3 ways to tell if you CAN’T trust a franchisor.
What Does Franchise Territory Mean?
Just what may define a territory differs from franchise system to franchise system. Territories come in many shapes, sizes and styles.
Will My Franchise Be Profitable?
No franchise company can guarantee financial success. But you have a much better chance of having a successful franchise if you follow some practical pointers before you sign on the dotted line.
Diversifying Your Business Portfolio
Many people reach out to me asking how to use franchising to diversify their lives and business portfolios. Why? As recessions approach, people are concerned that all of their eggs are invested in one basket.
Two Most Important Things You Need to be a Successful Franchisee
What are the two most important things that you need to be successful in a franchise? Hint, it’s not money and passion.
Sexy vs. Non-Sexy Businesses: What’s Better?
I’m known for liking non-sexy businesses. I think they are great for a variety of reasons but before we get into why let me explain exactly what a non-sexy business is. A non-sexy business is a business that isn’t trendy or flashy and usually sells products/services that are consumer necessities rather than “desirables.”
