Archive for the "Entrepreneurship" Category

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Two Words that Separate the Online Winners From the Quitters

I’ve just about heard it all when it comes to people’s opinions on how to succeed at starting a business, weather online or offline. Everything from, “you absolutely have to have a business plan” to “failure is imminent without my new software”. Although a business plan is very important and I use some very valuable […]

The Internet Has Created An Entrepreneur’s Dream

I know! You’re worried.
You simply have to take a look around to see why. Everywhere you look there’s instability. The economy is in trouble. Downsizing, pay cuts, and layoffs are spreading like wildfire. Will you still have a job next year? Tomorrow?
There’s no security in a job. Not anymore.
= If You Want Security, You Have […]

What Do You Need to Be Approved for a Franchise?

Acquiring a franchise is not a simple matter of having money to invest. It is of course a necessary requirement but it is not sufficient to get you approved for a franchise.
A franchisee is important to a franchisor. A franchisee gives a franchisor the means to expand the business and the brand without […]

Getting the Most Out Of a Franchise

It is preferable to franchise an established and reputable company. The company that you should consider to franchise must also have an evidently successful system in place and an effective framework for transferring expertise to the franchisees. Unfortunately, these established companies can be quite unbending when it comes to franchise agreements. After […]

The Epitome of a Successful Franchise

An exceptional business concept and a unique support and operating system turned The Little Gym into one of the franchising industry leaders. The Little Gym was founded by musician, gymnast and kinesiologist Robert Wes in 1976. The Little Gym’s main aim is to create an environment for children aged 0-12 years where they […]

Technology and Franchising

The proper use of technology can revolutionize the way you do business. With the right mix of technological tools and systems, your franchise can rise to the top of your business field and keep you there. This move will also save you a lot of time and increase your efficiency as well as […]

The Importance of an Exit Strategy in Franchising

As the franchisor or franchise operator, you probably know what you need to stress when you’re making a pitch to a potential franchisee. You have to expound on the prominence of your brand as well as the exceptional systems that you have in place. But you may be forgetting to include something that […]

Tis The Season For A Franchise

People say that Christmas is “too commercial”. While for Christmas purists, the evident truth of this is a source of sorrow, for the Scrooges among us who wish to make some money out of it, that is good to know. The strong increase in the number of people spending money on leisure pursuits and activities […]

The Importance of the Franchise Agreement

A franchise agreement is just like any contract that you have ever entered into. It defines the rights and obligations of the parties involved. Franchise agreements in particular define the relationship between the franchisor (the one awarding the franchise) and the franchisee (the one buying the franchise).
There are legal, practical and operational issues […]

About The Franchise Royalty Fee

At first glance, it would seem ideal if a franchise does not require a royalty fee. And in fact, there are various franchise opportunities being offered today that do not have royalty fees attached. These opportunities would boast that all you’ll need to pay for is a lump sum that pays for your […]