Independent Business Ownership vs. Franchising: Which is right for you?
If you’re considering start a business, you may be wondering whether it’s better to launch an independent business or to open a franchise. Both can lead to exciting and successful business ownership. Fifty-five percent of respondents to Small Business Trends: 2020 gave “ready to be their own boss” as…
Don’t Go Back to the Office: Work from Home with a Franchise Instead
The last year taught us that remote work may indeed fit into the ‘new normal’ as life moves on after an unprecedented pandemic lockdown. Some people moved out of crowded cities in favor of calm countrysides. Others set up desks in their living rooms and…
Buying a Business: Stock Purchase vs Asset Purchase
There are two ways to purchase a business: stock purchase or asset purchase. Generally speaking, buyers prefer asset sales whereas sellers prefer stock sales. Each has benefits and drawbacks. Stock Purchase A stock purchase takes place when one buys an ownership interest in an existing…
Business Entities: B Corporations 101
In our final post in our business entities series, which has covered limited liability companies (LLCs), partnerships, and nonprofit corporations, we are taking a look at B Corporations. So, you have B Corporations. You also have benefit corporations. And there are “B Corps” which is…
Business Entities: Nonprofit Corporations 101
Our business entities series has explored what it is like to form a limited liability company (LLC) and form a partnership. We’re shifting gears to discuss another popular entity formation: a nonprofit corporation. In this post, we will explore the following topics that pertain to…
Guidant Interview: Franchise & Small Business Real Estate Trends
We asked experienced commercial real estate broker Jill Ames to chat with us so we could learn more about what’s important for aspiring franchise or small business owners to know before they start searching for real estate space. She also shared with us more about…
Business Entities: Partnerships 101
As you’re starting a small business, you’ll need to decide what business entity works best for you. Learn everything you need to know about Business Entities: Partnerships here.
How to Get Out of Corporate America
More and more people want to know how to get out of corporate America. Small business ownership can be a lucrative, successful path to escaping corporate America – learn how with our five steps to leave corporate American and start your small business.
2021 Franchise Trends and Growth Expectations
2021 is poised to create rarely-before-seen opportunities for franchises. Research from the recently released 2021 Economic Outlook for Franchising shows franchising can play an important role in expanding the economy back to pre-pandemic levels through revenue generation and job creation. Results from the Small Business…