Franchise Success Requires Differentiation
As you’re searching for the perfect franchise business operation, you might find yourself thinking, “Gyms are so popular—I should invest in a gym!” or “Look at all the coffee shops—I should open a coffee shop.”…
Persistence vs. Stubbornness
Nothing can withstand the power of the human will if it is willing to stake its very existence to the extent of its purpose. ~Benjamin Disraeli I recently walked on the Camino de Santiago in…
What’s the Right Color for Your Brand? The Facts.
With the right colors, a marking campaign can reach deep into the heart of consumers, eliciting emotional responses & making customers more receptive to your branding. According to Color Matters, 85% of consumers say color affects…
Get to Know the Other Franchisees
As you move forward with your due diligence and continue to gather research on the variety of opportunities the franchise world has to offer, don’t forget to really spend time talking with the existing franchisees…
9 Questions to Ask Yourself Before Choosing a Business Partner
Launching a business is both one of the toughest and most rewarding experiences an entrepreneur will encounter. For that reason, many entrepreneurs join forces with a partner in order to defray costs, build creativity and keep their…
10 Mistakes Entrepreneurs Should Avoid with Venture Capitalists
Entrepreneurs often know more about running their business than they do about raising funding from venture capitalists. As a result, their attempts to get VC funding fall short. There are a number of typical pitfalls…
The Best Advice Startups Will Never Follow
Let me tell you a few short hair-raising stories of entrepreneurs who have raised money and regretted it later. Here are some rules that entrepreneurs almost always ignore to their future peril. Don’t take money…
Organizing Your Franchise Business Search
Some franchise investors have one franchise opportunity in mind from the beginning, but for many people, deciding on the perfect franchise business is a lengthy process. You might look at franchises in different fields, or…
7 Investor Term Sheet Demands Startups Need Not Fear
Most entrepreneurs looking for an investor can tell you how much money they need, but few have given much thought to what they are willing to give up for it. Perhaps they’re way off in…
The Role of an Exit Plan as a Franchisee
Going through the purchasing phase of a franchise spikes the adrenaline and fills your mind with endless optimism. That’s great! You should be energized by your new endeavor. But let’s pause here for a moment….
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