Franchising Choice for E-2 Visas There are many reasons that Franchising is a popular choice today for investor visas. The main reason is they provide a turnkey business opportunity. This provides a quicker ramp-up, a proven business model to follow, and guidance from industry experts. Established franchises provide existing business plans, operational support, ongoing guidance, and training. These detailed business …
Franchise Terminology
What are Franchise and Royalty Fees? While there are many lucrative opportunities that come with buying a franchise, they are still a hefty investment. While there are many contributors to the total upfront cost of the franchise opportunity, two major factors include franchise and royalty fees. Franchise fees are the cost of entry for owning and operating a franchise business. …
Is Company Culture Important When Buying a Franchise?
What is Company Culture and how do You Fit in? Would you feel comfortable attending an annual conference where one of the activities is careening down a mountain with a crash helmet trying to beat someone’s time or attend a meeting where one of the activities is attending a professional baseball game? Both franchises are fitness franchises – which do …
Should I buy a franchise based on “what I am good at”? Maybe, no.
How do Business Competencies complement those of a franchise system and its growth strategy? Should I buy a franchise based on “what I am good at”? Maybe, no. What are core competencies? These are hardwired skills and talents that can take time to develop fully or you are born with. The best example I can think of is when you …
Owner-Operator vs. Semi-Absentee vs. Passive Ownership: What’s the Difference?
As husband and wife, we starting our first business nearly 17 years ago. Prior to our marriage, we both started businesses but with little success. Starting your own business is a lot of work. A business can take over your life, especially if it the first time you start a business. The upside is that it can be the most …
Part 3 – Getting Back Control
For those of us who have been analyzing the facts over even living the facts… there seems to be definite signs of “ageism” and growing forms of age discrimination. You may believe those issues are happening to others or that it often occurs to people five years older from whatever age that you are! It could happen to you as …
Part 2 – Do We Continue to Look for Jobs or Leave Corporate America?
Mike thought he had about a year left with his current company and if he could hold on, he would get the stocks he was promised at the time he was hired and we would have a bigger cushion. Unfortunately, our plans did not fit in with his company’s plan and he was given a severance package. I still had …
Job Insecurity in Today’s Market – 3 Part Series
My Grandfather had a very different work experience than my Father did and my work experience was even more different than my father’s. My Grandfather worked for the same company for 25 years and retired (semi-retired – he was entrepreneurial). My Father worked for several CPA firms and the government – each time he was changing companies for better opportunities …
What is an entrepreneur?
Why people just don’t understand franchising. The Merriam-Webster Definition of Entrepreneur: one who organizes, manages, and assumes the risks of a business or enterprise During a recent franchise conference, one of the panel speaker related a story in which he was at a meeting at a local university. He struck up a conversation with one of the university’s Business Professors …
Low-Cost Franchises
Did you know you can own a low cost franchise business where you actually enjoy working? Low cost franchise opportunities do exist and offer a great introduction into franchising. These opportunities can be great for the candidate looking for something part-time, with minimal money to invest, can be a passive business, minimal or no employees and you can expand your …
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