Best Ways to Research Before Buying a Franchise

Buying a franchise is a big decision. Since this decision will be one of the largest you will most likely ever make, you will want to consider the fact that a successful franchise, with a proven record of success, could serve as a shortcut towards creating the successful business you desire. Buying a franchise is…

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5 Questions to Ask When Considering Franchise Ownership

Thinking of buying a franchise? Before you sign any papers, you need to be very thorough in your research about your prospect. Buying a franchise is a serious investment. When you sit down to talk to a potential franchisor, treat it like a job interview and have a series of questions prepared for them to…

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5 Tips for Writing a Business Plan

Writing a business plan is the first step in starting a business after you decide you are going to do it. It is tedious, not really the fun part, but it is one of the most important steps. It can be so tempting to just jump in and do the business plan later, or to…

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What to Expect Your First Few Months of Owning a Travel Franchise

Booking a trip has become both easier and vastly more complicated because of the internet. While most people have no problem navigating websites and flight schedules, they face literally millions of options when they run a simple Google search. This barrage of information can leave a lot of doubt as far as finding the best…

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Building a Brand: 6 Tips for a Brandable Business

It’s easy for businesses to get lost amongst competitors. For this reason, creating a brand that is memorable and unique is an integral step in building a successful business. Maximizing visibility, establishing relationships, and showing consistency are all key elements in creating an effective brand. Here are six ways you can extend your reach and…

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Top 10 Funding Sources for Your Franchise Venture

Many people dream of owning a business at one time or another but determining what products or services to offer can be difficult. Franchise businesses are an excellent option as these business ventures are already branded so that most customers are already familiar with the franchise and the product or service has been proven to…

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Greatly Exceed Early Customer Expectations

First customers are critical. Greatly exceed expectations at all costs. There is so much history behind this insight, and so many stories that illustrate this point. Your first customers for any product or service form your reference base, the important group of allies that your marketing and sales people rely upon when attempting to create buzz…

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8 Big Company Habits That Don’t Work in a New Venture

When I hear executives and professionals in larger businesses talking about their dream of going out on their own to start a new company, I always cringe. I have been there and done that. They and I never realized how hard it is to break the big-company habits and conventions. If you are going to…

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