Risk Taking vs Calculated Risk
How do you challenge your comfort zone? One common misconception of entrepreneurs is that they are risk takers. This is far from the truth. They are risk calculators. Their decisions are based off of profit potential, planning, and hard work. [...]
Why Own a Business
One of first key reasons I consider business ownership is the wealth potential. Though wealth alone can not define a good life, it is a tool that will allow us to build a nest egg for ourselves and the ones [...]
Great Clips – Yes It Has Territory…
Online has changed our shopping habits & the landscape of how we function for some of our needs. When was the last time you received a hair cut online? From social media? When looking at a business model how the [...]
Open Position: Franchisee – How to Apply for Business Ownership
One of the benefits of working with a group of professional, seasoned colleagues is we share ideas and information. A colleague of mine wrote the article below and I wanted to share it with you. Having been a franchisee I [...]
How To Write a Winning Business Plan
Writing a business plan can be daunting, intimidating and time consuming. Where to turn for help? The U.S. Small Business Administration has a wonderful site to assist in all facets of the process - business plans being one of them: [...]
Einstein’s Secret to Franchise Investigations
“I can’t figure out if this franchise is right for me...&..what kind of money will I make?”nnWant to know how Albert Einstein might go about figuring that out? Read on…nnnOwning a business is no simple endeavor. You are confronted with [...]
Things to Consider Before Trying to Invest in a Chick-fil-A Franchise
Daily I receive inquiries into someone wanting a Chick-fil-A franchise. Who can blame them! For the last few weeks one was being built near our house - "finally" as my children noted - and the excitement was increasing as opening [...]
Are You a Work Martyr?
Being self-employed is hard work. So is being an employee. How many hours do you work a week? If you are a white collar, college educated professional, you have probably worked fifty to seventy hours a week and traveled significantly. [...]
Why Have You Not Found Your WHY?
Many of the people I am privileged to work with on their quest for business ownership confront the inevitable question of "How can I do this if I have never done it before?" May I suggest that the focus should [...]
How Can Emotional Intelligence in Searching for a Franchise Business Make You a Better Owner
“The first thing you have to know is yourself. A man who knows himself can step outside himself and watch his own reactions like an observer.”nn― Adam SmithnnnIf you are thinking of achieving independence through business ownership, a good place [...]
The #1 Reason You Are Scared to Open Your Own Business
By Jeff Lefleur Owning a business is hard. I should know. Since I was 12, I’ve had a variety of business ventures from delivering papers to installing kitchen countertops, owning student rentals properties, investing into a Canada Bread franchise, operating [...]
Is It Ever a Good Time to Start a Business
An important question to ask: “what is riskier – owning a business or having a job?” The answer typically depends on someone’s experience of being an entrepreneur or being an employee. The entrepreneur says “having a job because your entire [...]