What You Should Do if Your Franchise is Struggling
Running a franchise can be very rewarding, but what should you do if things start to go south? Nancy Lanard of Lanard & Associates answer this tough question below. It is not uncommon for me to get calls from clients [...]
Who Should Consider Franchising?
Franchising, as a pathway to entrepreneurship, may not resonate with everyone, particularly those who have aspirations of creating a business from the ground up, deeply rooted in personal passions or hobbies. However, there are a few people that should consider [...]
Why You Should Make the Move to a Multi-Unit Franchise
True wealth in franchising comes from the bigger picture: running multiple units. Once you have that first unit open there is not much difference in running 3 - from that point there isn't much difference to running 6+...it becomes your [...]
The Top 7 Reasons to Consider Buying a Franchise Over Starting Your Own Business
Starting a business is an exciting venture, but it can also be overwhelming. Before diving into the world of entrepreneurship, it's essential to weigh your options and consider the best path to success. One popular alternative to launching a brand-new [...]
5 Reasons to Consider Franchising
There are many reasons why someone begins to consider business ownership. But then the question looms of starting something of your own or invest into franchising. Understanding these reasons are important to discuss so that we can effectively match you [...]
Investigating Franchise Ownership
Are you considering venturing into entrepreneurship but unsure where to start? Buying a franchise might be the answer. Franchises offer a ready-made business model backed by an established brand, providing a smoother entry to the world of business ownership. However, [...]
Do You Have What It Takes to be a Business Owner?
The idea of owning a business is often romanticized as a path to financial independence, creative freedom, and personal fulfillment. While these benefits can certainly be part of the entrepreneurial journey, the reality of being a business owner is far [...]
10 Essential Steps to Take Before Buying a Franchise: Your Roadmap to Success
Investing in a franchise can be an exciting opportunity for aspiring entrepreneurs. It offers a chance to own and operate a business with the support and brand recognition of an established company. However, before you dive into the world of [...]
What is a Semi-Passive Franchise?
One of the concepts of entrepreneurship that is gaining traction is semi-passive franchising. This unique approach combines the benefits of traditional franchising with elements of passive income, offering a fresh perspective on how individuals can become successful business owners while [...]
The Pros and Cons of Business Ownership
Owning a business is a dream that many people aspire to achieve. It represents independence, entrepreneurship, and the potential for financial success. However, business ownership is not without its challenges and risks. In this blog post, we will explore the [...]
Are You an Employee or an Entrepreneur?
In the world of business, two distinct roles stand out: the employee and the entrepreneur. While both play crucial roles in driving the economy forward, they are fundamentally different in their mindset, responsibilities, and approach to work. In this blog [...]
TEACHING CHILDREN ABOUT ENTREPRENEURSHIP
Raising children and running a business lead to a simple equation - having some serious skills. If you don’t already have some of these skills you will or are quickly learning many of them. One could even argue you might [...]
