The Franchise Costs
Buying and managing a franchise are among the best ways to ensure financial freedom and success. There are thousands of franchise opportunities available in various industries. All you need to have are dedication, commitment, and a good amount of money for capital. ... Views: 1473
Knowing the Right Franchise Questions to Ask
A franchise agreement is a comprehensive legal document that often contains more than a hundred pages. Sometimes, even the most experienced franchise lawyers find it difficult to explain the text to a potential franchisee. However, if you know the ... Views: 1942
Business owners invest much time and effort into their businesses, and most arrive at the hard decision to sell their businesses at some point in time. There are various reasons for selling a business, and although each circumstance is unique, most owners have similar incentives and concerns. It ... Views: 1492
Writing a Business Plan Business plans are considered the resumes of businesses. They give a clear description of what your company offers, how much profit is expected, how the business operates, as well as how soon these goals will be met. If you want to start a business, you need to write a ... Views: 1602
What is Due Diligence?
Due diligence, which is originally coined in reference to the Securities Act of 1993 of the United States, is a legal term that has taken a more legal meaning for the last seventy years. After the stock market crash of 1929, brokers were obliged to follow detailed steps ... Views: 1455
When you own a business, there will come a point in time when you need to sell it. If you own an independent establishment, you have the personal freedom to choose the process of selling it. While this can be challenging at a certain level, it can give you limitless possibilities. On the other ... Views: 2513
After You Buy a Franchise...
After the checks have been issued and the legal documents officially signed and transferred to your name, you are finally a proud owner of a franchise business. It might be a mobile business, a retail store, a computer consulting operation, or a daycare center. ... Views: 1923
Tips to Remember When You Buy a Franchise
When you decide to go into business, you should buy a franchise or an existing business for sale instead of starting a company from scratch. With a franchise business, you get to enjoy numerous benefits such as solid and reliable parent company ... Views: 1549
As economic downturns continue on a global scale, more and more people are starting to think twice about investing in a franchise. Despite the recession, a lot of top franchises remain remarkably strong within their respective industries. This only shows that prospective entrepreneurs have ... Views: 3707
What Is Seller Financing?
When selling a small business, one of the most important things you need to consider is where to find your prospective clients, and how you can attract them to buy your business. Seller financing is one of the things you can offer to attract a wider scope of ... Views: 1626
When done properly, purchasing or selling a business can be a rewarding and fulfilling decision. There are different ways for you to do these two tasks but they both share a common issue - determining the right business selling price. It usually takes experience and skills to properly price a ... Views: 724
A lot of motivated individuals are attracted to the wide range of franchise opportunities available today. The same applies to those who are already in the franchise business - they want bigger and more lucrative opportunities. As a solution, entrepreneurs who are seeking for more can consider ... Views: 1551
For some people, receiving a pink slip may be disheartening, but not that surprising due to the present economic situation of the country. No company or employee is safe from massive restructuring and downsizing these days, which is why it is very important to have a basic understanding of ... Views: 741
Losing a job can hurt a lot, especially if you have been working with the company for many years. However, this should not be the end of everything for you. In fact, a lot of unemployed people now enjoy financial freedom from discovering a new passion or choosing to shift to an entirely ... Views: 806
Canadian Billionaires - Who are the Richest People in Canada?
Almost all annual listings of the world's richest people mention the same names year after year. On the top of these lists you will find Bill Gates and Warren Buffet. Although the lists are generally accurate, you will often ... Views: 1004
Checking Out Franchises For Sale
Every year, Entrepreneur magazine names its top franchises for sale, gathered up into a list called the “Franchise 500.” By referring to this list, prospective franchise owners can determine the top franchise for sale in any number of categories—the best ... Views: 960
Buying a restaurant that is for sale is never an easy task. With this in mind, not all restaurants that you will look at are going to be acceptable or even wise purchases, however with some good research you can find a great restaurant to purchase. You could also try working with a business ... Views: 970