Startup
Do We All Undervalue Bootstrapping?
In business schools, in popular blogs, in business publications, and in general discussion of starting a business, we undervalue bootstrapping. We teach starting a business as if every new business requires sophisticated venture capital. I…
Family-Run Franchises: Are They Right for You?
If you’re close to your family, it might seem a natural extension of your personal relationship to move into a business one. Many families choose to go into the franchise business together, to varying degrees…
5 Ways to Start or Buy a Business Without Any Money
What a tragedy that so many great businesses ideas are never executed for want of one critical resource: money. Many would-be entrepreneurs believe it’s impossible to start a business without investing large amounts of your…
Evaluating a Franchise Territory
Ultimately, the defining factor when reviewing territory comes down to a single question: “Do you have a large enough customer base to be successful?” While there are several components to that question, this is what…
5 Books That Will Change Your Life (and Business)
What is your big idea? Found it—or still looking? That one idea can be the catalyst to a life imagined. Just one glimmer of inspiration can transform. It just needs that spark. And that can start…
4 Reasons Why Women Entrepreneurs Have a Bright Future Ahead
Following President Trump’s inauguration, many people are still struggling to come to terms with the result. Where some businesswomen see new opportunities with a President from the world of business, others fear that doors may…
Accounting for Franchises: Tips to Help You Grow
Being a successful franchisee means having at least a general grasp on various aspects of running a business. You might not be an expert in marketing, management, or finance, but being well rounded enough to…
Create a Small Business Focus Group for Insights, Loyalty, and Profits
Would you take our online survey? How many times have you seen that question lately? It seems to pop up for me a few times a day and I virtually always click “NO” or simply…
The Best Legal Structure When Buying an Existing Franchise
Purchasing an existing franchise helps reduce risk. Rather than vetting a franchise with the hope that it thrives in your specific region, the current operator has already proven the model in the region. It’s running,…
5 Simple Ways to Raise Capital for Your Small Business
Small businesses don’t necessarily need to grow quickly (though they should certainly want to grow, as stagnation is one very small step away from contraction). They often operate in less competitive markets and don’t have the…
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