Many wonder: Should I open a franchise or start a business? Both have their advantages and disadvantages. Here's what to consider before taking next steps.
A lot of people are drawn to franchising. If it’s right for you, it can be a road map to profitable business ownership. You can get in on a great idea or successful business that has a track record of success and a strong brand, and still run the business yourself. Franchise expert Joel Libava...
Like any other business, there’s a lot to consider when purchasing a franchise. Does starting your own business yield more long-term rewards, or is buying a franchise a better choice? To find out, we asked eight founders from Young Entrepreneur Council (YEC) their thoughts on the subject. Here are their answers are below. Q: I’m thinking about buying a franchise....
It’s also called your secret sauce, and sometimes your competitive edge. Your differentiator is what makes you different from your competitors.
Many of the stores and restaurants that you see every day are franchises. But, the answer is a little more complicated than that.
The franchise model has been called the greatest business model ever invented. But, how did it begin? How did franchising start?
If you are thinking about opening a franchise, the most important advice anyone can give you is to choose the franchise that's right for you. Here's how.
An entrepreneur chose a franchise that was a bad fit for him, and lost his money. These are his takeaways from the experience, and his advice on how not to repeat his mistakes.