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 created home offices and entered the world of Zoom meetings. […]
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 company. In a stock sale, the company and its operations […]
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 an abbreviation either name may use. Does that mean B […]
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 nonprofits. What Is a Nonprofit Corporation? What’s the Difference Between […]
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 current and future trends for commercial real estate in the […]
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 Trends Association’s Small Business Trends (SBT) franchise survey show that […]
LLC 101 – What You Need to Know About Limited Liability Companies
What does it mean to form a limited liability company (LLC)? How do you know if this formation is right for your business? Many entrepreneurs have plenty of questions about LLC formations. If you decide to form an LLC for your business, it’s important to understand what an LLC is and the reasons why this […]