How to Finance Multi-Unit Franchises
There are a few significant differences in financing a multi-unit franchise versus a single unit, though many of the same financing solutions will work for both. Aside from the usual cash, credit cards or even asking for financial support from family and friends, the most common methods used to finance multi-unit franchise purchases include loans […]
What’s the difference between an S Corp and C Corp?
For entrepreneurs just getting started in legitimizing their small businesses, it’s easy to be confused by what it means to file an S Corp or C corp election. They’re both corporations, right? Are there any differences between the two or are they pretty much the same thing? And how does a business qualify to become […]
Everything You Need to Know About Registered Agents
If you’re new to being an entrepreneur, you might have questions about what a registered agent is, the duties they have and why they’re so important to work with. Look no further than this post to answer all of the questions you ever had (and then some) about how to choose a registered agent and […]
[Infographic] Overview of the Business Services Industry
The days of depositing hand-written letters at the post office and printing lengthy documents are fading as fast as new apps and text emojis are being created. From corner shops to multimillion-dollar corporations, everyone has gone – or is going – digital, diminishing the need for traditional business services such as printing/mailing and shipping. The […]
Do you have a 'franchise personality'?
(The following is an excerpt from Module 3 of The Ultimate Franchise Course. It’s a powerful, easy-to-follow, step-by-step way for you to learn exactly how to find, choose, research, and buy a profitable franchise business. The course was created by The Franchise King®) If you didn’t take a good look at yourself before you started […]
Startup Do-Over: What Entrepreneurs Need to Know About Beginning Again in Business
Take a moment to consider the phrase “starting over” as it relates to small business. Does it make you feel exhausted or annoyed, frustrated that you’re back at the drawing board all over again and worried that the second time won’t be the charm? Or does it excite and reinvigorate you, filling you with the […]
How to Finance a Fitness Franchise
You don’t have to look like a body builder to be a fitness buff – everyone from your sister to your neighbor is strengthening and lengthening in a gym or fitness center. Fortunately for business owners, all of those new and existing memberships are adding up: 2015 revenue for the industry was $2.9 billion, and […]
Webinar: The 6 'F Words' that Cause New Franchisees to Fail
Terry Powell, Founder of The Entrepreneur’s Source, and David Nilssen, CEO of Guidant Financial, discuss misconceptions and common mistakes franchisees make.
Small Business Opportunities: 5 Steps to Help You Find a Business to Buy
Whether you’re debating what industry you’ll dive into or opening an independent business or a franchise, use these steps to choose the right business.