There are a ton of informative websites and blogs for common questions to ask yourself before investing into a franchise. But what about all the questions that no one ever asks that are just as important? 10 of these not so commonly asked questions are below: What are franchisees saying about the franchisor? What’s the […]
Most of us didn’t grow up saying, “When I grow up, I want to be an entrepreneur!” Even if you have always fantasized about owning your own business, most people never take any action on doing so. In fact, a lot of people will turn to some type of service like the military before even thinking about getting into a franchise.
Do you dream of becoming a business owner and working for yourself?
Following this dream and becoming a franchise owner can be quite liberating. However, the ability to make a business profitable depends on your business plan and personal development.
There are some important questions to answer before considering a franchise ownership opportunity. A good opportunity can be a great investment for the future, but these are the bare bones questions you would want answers to before looking closer: Do you have money for both franchise capital and living expenses for 6 months? What do […]
If you have ever stepped into a McDonald’s restaurant, you will have a great idea of the concept of franchises and how they can be brought to the market. McDonald’s started out as a single restaurant and has since grown into a worldwide, multi-billion dollar franchise model. To properly define franchise, we will use this […]