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 …
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 …
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 …