Posts Tagged ‘Franchise Business’
7 Potential Red Flags During Franchise Due Diligence
When you are thinking about buying a franchise, due diligence is the process of gathering the information you need to make an informed buying decision. While buying a franchise is inherently a risky endeavor, there are certain factors that can make a particular franchise opportunity riskier than others. In some cases, there may be enough…
Read MoreFranchise vs. Startup: What’s Your Entrepreneurial Journey?
Owning your own business can be an exciting, liberating and lucrative experience. But it’s a big change to go from corporate employee to head-honcho, so it’s important to know what you’re getting into before you get started. And it all depends on the kind of business you want to own. Do you want to launch…
Read MoreSingle-Unit vs. Multi-Unit Franchise Ownership
Single-unit franchise ownership is much different from multi-unit franchise ownership. The two types of operators often have different business goals and priorities. So, how do you decide which is right for you? As always, America’s Best Franchises has got you covered with all the pertinent details to help you make a decision. Although both types of ownership…
Read More6 Must-Read Books Before Choosing a Franchise Opportunity
So, you’re browsing franchise opportunities and quickly find yourself overwhelmed by all the choices. Who would blame you? There are thousands of franchise opportunities spanning more than 100 industries in the United States. We get it. Not to mention, the stack of franchise brochures and Franchise Disclosure Documents (FDD) piling up on your desktop. Where…
Read MoreFranchise Disclosure Document: What You Need to Know
Prospective franchisees typically receive a Franchise Disclosure Document after requesting more information about a franchise or during the Discovery Day process. But this 100- to 200-page legal document is more than just an intimidating pile of papers; it can mean the difference between your success or failure as a franchise business owner. A Franchise Disclosure Document,…
Read MoreChoosing a Franchise Opportunity: 10 Steps to Franchising
So, you want to start a business but don’t know where to begin. While franchising has crossed your mind, you’re still not sold on the idea. Thankfully, you’ve come to the right place, America’s Best Franchises, where we’re all about helping you choose the right franchise opportunity for you. Here’s How Franchising Works A franchisor grants…
Read More6 Things to Help Get You Motivated
Now isn’t the time to retreat into your shell and ride out the year by flying under the radar. No sir! Instead, we propose six intriguing ways to stay motivated and finish this year off right! Training yourself to become a goal-oriented person isn’t as hard as it looks. If your dream is to become…
Read MoreFranchising: Your Escape from Corporate America
Corporate America provides you (and your family) with stability. It gives you a steady paycheck, health benefits and more. All you have to do is work…which can sometimes seem like a life sentence. You slave away from 9 A.M. to 5 P.M.—and more often than not, you work overtime, including weekends—taking precious time away from…
Read MoreFranchising with a Business Partner
Franchising is a considerable endeavor that comes with its fair share of obstacles and rewards. The question is: Would you rather go it alone or with someone you trust? A business partnership is defined as two or more people who start or expand a business (or franchise) together. It can mean splitting everything 50-50 or…
Read MoreMust-Attend Franchise Trade Shows and Conventions
Choosing a franchise opportunity is a hefty task to conquer. It requires a massive amount of in-depth research. While exploring franchise websites are a great place to start, it’s even better to meet with franchisors in person. If you’re serious about franchising, consider attending a franchise trade show, convention or expo in your area. Not…
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