The Basics of Franchising: What You Need to Know

Franchising is when a franchisor grants a franchisee the rights to sell their products and/or services. The two enter an agreement that allows the franchisee to use the franchisor’s methods, operations, systems, brand name and other intellectual property to grow their business. Franchisors often provide ongoing training to support the success of the proposed business…

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The Basics of Franchising: What You Need to Know

Franchising is when a franchisor grants a franchisee the rights to sell their products and/or services. The two enter an agreement that allows the franchisee to use the franchisor’s methods, operations, systems, brand name and other intellectual property to grow their business. Franchisors often provide ongoing training to support the success of the proposed business…

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Why You Should Invest in a Hotel in 2019

The hotel industry can be a profitable business venture even for first-time investors! They can be a particularly attractive proposition in some specific market segments, like boutique hotels. If one of your goals for the new year is to explore potential business opportunities, now is a great time to consider the US hotel industry sector.…

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Is Your Startup Gearing Up for Success or Failure?

You’d be surprised how many new business owners make simple mistakes when they’re trying to get their startup off the ground. Launching your own venture can be a stressful time—and while many still fail, you still need to make sure you’ve got the basics sorted to give you the best chance of success. A great…

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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…

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Franchise 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…

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Baby Boomers May Be Your Biggest Startup Competitors

Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. In fact, according to the latest Index of Startup Activity by the Kauffman Foundation and recent press reports, these Baby Boomers are actually driving a new…

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9 Skills That Will Help New Lawyers Start a Business

Less than 2 percent of law school graduates move directly into solo practice after passing the bar. The majority (almost 46 percent) take positions with existing law firms, while others take positions in government, business, public interests, clerkships, and education. Comparatively, about 8 percent of MBA graduates immediately go into business for themselves after finishing…

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9 Skills That Will Help New Lawyers Start a Business

Less than 2 percent of law school graduates move directly into solo practice after passing the bar. The majority (almost 46 percent) take positions with existing law firms, while others take positions in government, business, public interests, clerkships, and education. Comparatively, about 8 percent of MBA graduates immediately go into business for themselves after finishing…

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7 Crafts to Make and Sell for Profit

Selling crafts is a lucrative way to tap into the ecommerce sector. The market size is worth over $36 billion in the US, and the opportunities are massive. However, not every DIY craft have enough demand. When doing product research, focus on the sweet spot: These are 7 crafts ideas that can inspire you to…

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