Posts Tagged ‘Location’
The Rise of Multi-Unit Franchise Ownership
The franchise industry is seeing rapid growth in multi-unit franchising, and it’s a trend that won’t be going anywhere any time soon. The biggest reason for this is multi-unit franchising provides an opportunity for tremendous (and stable) growth and wealth creation for all parties involved—the brand, franchisor and franchisee. The International Franchise Association (IFA) says multi-unit operators are changing…
Read MoreFranchising 101: What is an Area Developer?
As more and more franchises move toward multi-unit growth, area developer franchisees are also becoming more popular. If you’re looking for multi-unit franchise opportunities, you might consider area development. Here’s How It Works Area developers are similar to multi-unit operators except they commit to opening a greater number of units encompassing a larger territorial area…
Read MoreHow to Launch a Warehouse Management Business
The success of shared office spaces in recent years has spawned similar business models in other industries, as well. There are a number of businesses today offering shared spaces for stylists, attorneys and accountants, just to name a few. One industry where shared space is extremely common is warehousing. The reason shared warehouses are so…
Read More5 Keys to Starting a New Venture in Your Local Town
From the advice I hear these days, if you want to be a successful entrepreneur, you need to be in Silicon Valley, Boston, New York, or one of the few other financial hubs around the world. What does that mean for the rest of us, who reside or grew up in the thousands of small…
Read More6 No-Fail Office Design Ideas for a Comfortable and Productive Staff
Did you know that the design of your office has a direct impact on your employees? More than just a paycheck and benefits, today’s top professionals are looking to for a work environment that encourages collaboration and creativity while reducing stress. When your staff is in an office space that is safe, clean, healthy, and…
Read More5 Financial Considerations When Opening a Second Business Location
When you decide you’re ready to open a second business location, you’ve likely been putting in an incredible amount of hard work already to achieve some success. It can be a fantastic feeling to know your dream is becoming a reality in more places than one. But before you can open another outlet, you’ll have…
Read MoreBusiness Location Strategies for Startups and New SMEs
In How to Choose a Location for Your Small Business, I discussed picking a location based on customer and other factors, without considering the importance of search engine visibility. However, having a location strategy is as important as choosing a good location for customers and staff. In a business environment where search engine visibility is…
Read MoreWhat You Need to Know When Marketing to Rural Americans
If your business or nonprofit markets its products or services (or fundraises) to Americans living in rural areas, you’ve got to read this for new research findings! Did you know that almost 60% of rural adults believe that access to high-speed internet is a problem in their areas? Ouch! And, their socio-economic status doesn’t matter.…
Read MoreShould You Lease or Buy the Property Where You Want to Do Business?
Every business presents its founder with numerous decisions to make. One of the most important decisions is whether to lease or buy the property where you plan to do business. There are a number of good reasons to lease, and even more good reasons to buy. Let’s take a look at some of the factors…
Read MoreDo You Know Your Territory?
When purchasing a franchise, it’s important to evaluate, understand, and negotiate the assigned territory; this is the area within which your location is protected by the franchise agreement. If you’re not mindful of the territory and terms of the agreement, you could potentially set yourself up for challenges down the road. Here’s what you need…
Read More