Three Ways To Enter Into Franchising

Post written by Jim Judy,  Published Nov 6/18 in Forbes With more than 20 years in the franchise industry, I have insightful knowledge and a keen eye for opportunity.   Getty When it comes to franchise ownership, there are multiple routes that candidates can take to becoming their own boss. Aside from the fact that there are more than 3,000 franchise brands available today, there are also different levels of…

Is It Smart To Open A Franchise With Your Children?

POST WRITTEN BY Terry Powell.  Published in Forbes on Nov. 7, 2018 Terry Powell is the Visionary Founder of The Entrepreneur’s Source, North America’s leading alternative career coaching franchise. Getty Many businesses don’t start off as family businesses. They become family businesses about the time the parent is thinking of retiring. Then, instead of selling the company to a stranger, he or she sells or hands over ownership to the…

Make Your Franchise Opening Truly Grand

AUTHOR: BeTheBoss.ca DATE: NOV 1st, 2018   Your franchise location’s grand opening is a pretty big deal. Because there are a lot of brands across Canada, you’ll want to stir up interest and excitement in your new business to draw the attention of the crowd away from the competition. When you get it right, you’ll be giving yourself a little head start in the momentum department, and it can make…

5 Steps You Need to Take Before You Buy a Franchise

Franchise Ownership – Prepare now, so you won’t be in a bind later. Image credit: juststock | Getty Images Jim Judy GUEST WRITER Consultant at Franchoice July 11, 2018 (Published in Entrepreneur) Opinions expressed by Entrepreneur contributors are their own. Recent headlines touting near-record low unemployment are everywhere. At 3.8 % as of May, 2018, the country hasn’t seen unemployment numbers this low since April of 2000. Prior to that, you’d have…

Getting The Most Out Of A Franchise Discovery Event

Fiona Simpson Contributor Published in Forbes, Oct. 29, 2018 Discovery Events may come in all different shapes and sizes, but they are all based around the same principle : traditionally called “Discovery Days” because, in days before the Internet, prospective franchisees used them to “discover” a franchise brand they were interested in, they’re a great opportunity for any potential franchisee to find out more about a franchise opportunity on offer.…

How To Make Your Mark As A Franchise Owner

Bob House Contributor   I write about anything related to buying or selling small businesses Published in Forbes on October 23, 2018 The Great Recession of 2008 saw millions of Americans unemployed, financial institutions in bankruptcy and global markets in steep decline. Unemployment rates peaked at 10 per centand Americans lost nearly $16 trillion of net worth as a result of the financial crisis. In the midst of all the chaos,…

How To Successfully Define Your Franchise Goals

POST WRITTEN BY Terry Powell  Published in Forbes, October 23, 2018 Terry Powell is the Visionary Founder of The Entrepreneur’s Source,North America’s leading alternative career coaching franchise. Getty Many people dream of starting their own businesses, and a lot of people follow those dreams through franchising. It’s a business model that people love, and for good reason. When you invest in a franchise, you’re investing in a proven business model.…

TRANSITIONING FROM CORPORATE EMPLOYEE TO FRANCHISE OWNER

by Nancy E Williams Published in Black Enterprise October 18, 2018 (iStock/atakan) The term “corporate America” often sparks negative reactions in people for various reasons. Employees often feel expendable, underpaid, and underappreciated. I both understand and empathize with these feelings, having worked in corporations for 20 years. However, there’s a lot to be said about the skills professionals acquire by working in a corporate environment that are invaluable—especially for an aspiring…

6 Reasons Why Startups Are Riskier Than Franchise Businesses

Franchise Image credit: Thomas Barwick | Getty Images Jim Judy GUEST WRITER Consultant at Franchoice October 16, 2018 5 min read Published in Entrepreneur Deciding to open a business is only the first of many decisions that an aspiring entrepreneur has to make on the road to small-business ownership. For most business hopefuls, the process will include a risk assessment to determine how much risk they are willing to take in…

Franchise Cold Feet? Maybe It’s Time to Get Back to Class

AUTHOR: BeTheBoss.ca DATE: OCT 12th, 2018   If you’ve been considering becoming a franchisee in Canada but find yourself still a little unsure, it could be time for a little education outside of the franchise disclosure documents you’ve been studying. Some specific classes can help you on your journey as franchisee and give you something to do while you make your final decision.   A new language   Knowing a…