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Interviewing the Franchisor

After you have completed the initial qualifications, it’s now time for you to speak directly to the franchisor. As you prepare for this conversation, you need to keep in mind this is the time for…

4 Pitfalls Successful Startups Must Avoid

Starting up a company is inevitably going to be a stern challenge and a steep learning curve, whatever your goals are or what your role in the process happens to be. As well as a…

4 Tips for Starting a Business When You Have Bad Credit

Having a poor credit history does not mean you cannot start your own business. If the time is right and you need to jump now, there is hope. Start Repairing Your Credit Get to work…

Pros and Cons of Franchising Your Business

Businesses looking to expand often find themselves at a crossroads: franchising vs. traditional expansion. Despite experts trying to sway you one way or another, there’s no cookie cutter answer. It boils down to your specific…

Understanding the Difference Between an LLC and an S Corp

You have many options when it comes to choosing a structure for your business. Two of the most popular options include the limited liability company (LLC) and the S Corporation (S Corp). These two business…

Think the Economy’s Headed South? 10 Recession-Proof Small Businesses

I don’t like to be an alarmist, but I continue to believe that we live in very unsettled economic times. There are some major unknowns that could push the economy south quickly and in a…

No Blunders! Avoid These 5 Startup Mistakes

Why do startups fail? Is there a recipe for success for your new and exciting business venture? Unfortunately the answer is no. There is no way to guarantee success in your new business. While there may…

Franchise Cash Flow Questions

One of the most common complaints among people who have invested in a franchise business is that they aren’t earning enough, that they worry over meeting payroll and bills, or that they don’t have the…

5 Tips on Pitching the Media

Business owners need to be able to sell their news to the media and the public if they want coverage. But how do you go about garnering media coverage? Simple: You have to craft a…

6 Startup Strategies That Turn Off Most Investors

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. How an entrepreneur answers this question speaks volumes about their…

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