The Franchise Alternative

For many of us job security is a must, but it’s also, in times of looming recession and financial uncertainty, becoming a thing of the past.
            Many of us worry just how safe our regular jobs are, we may even wonder, given the recent news of the collapse of some of the major financial institutions, [...]

Location, location, location-that old real estate cliché is just as appropriate when it comes to a business franchise. You may have fallen in love with a certain business-maybe while you were on vacation-and are now wondering how it will do in your hometown. Don’t leave this to chance; the right location can make [...]

It can be tempting to ax your job at the first sign of success in the process of running your business. However, it is important to remember that you may need your job for a period of time, until you know for sure you can fully support yourself on your home business. Some of the [...]

One method of doing international business by licensing trademarks is called Franchising. This method dates back to the 1850s where the recurring royalty fee is the prime source of income.
Good illustrations of this in the earliest times were the bars of New South Wales, the agreements between the breweries and these bars [...]

Here’s the situation that aspiring franchise owners commonly find themselves in: they have adequate resources to use as capital, they want to stop being a paid employee, but they have zero entrepreneurial skills. And so they end up choosing to buy a franchise because it’s the perfect compromise…or is it?
What is a Franchise?
The term franchise [...]

If you want to have a business, sometimes buying one is easier than starting one. An already established business has its own advantages than building a relatively new business from scratch. But purchasing a small business, even though it seems to be the easier route to go, is not necessary easy to do. And there [...]

I want to share an interesting ad I saw in the paper the other day: Wealthy fast food addict in search of an Austin business consultant to guide him in the purchase of a fast food franchise so he can save money on burgers and fries.
Okay!
I didn’t really see that ad, [...]

As a young boy growing up in a working class family, I always used to fantasize about one day owning my own 5 star hotel in the center of one of the world’s finest cities. I held onto this dream for years, but I eventually left school with little education, only armchair ambition, and [...]

Buying a Franchise is a great business opportunity as the majority of franchisees are still trading successfully after 7 years (source – US Department of Commerce figures). Before you start looking at franchises, decide which market niche you want to enter. Choose a field that not only creates a livelihood but one that you personally [...]

It is a well known fact that as the population increases then the number of people wanting to go into business increases -obvious but true.
This is despite the fact that a large amount of businesses fail within the first two years.
Ideally one would like to purchase a business for less than it takes to create [...]