The Franchise Disclosure Document: An Invaluable Buyer Asset
If you’re considering buying a franchise, you might not know that the franchisor provides all the information you need to decide whether this company is the right fit for you. In fact, they are required by law to give you everything upfront. Franchises are regulated...
The Perfect Time to Start a Business
Here’s the truth: there IS no perfect time to start a business. In fact, you can always find a reason why becoming a business owner isn’t right for you right now. It’s easy to let external factors get in your way. The economy is uncertain. Inflation is rising. Money...
The Why, What, and How of Starting a Business
When I work with someone who is considering entrepreneurship, the conversation is really a series of questions. Asking the right questions and going deep for the answers will help someone decide if starting a business is right for them and help them decide which...
Four Ways to Franchise
Marshall Reddy has been helping entrepreneurs get into franchises for decades. He considers it his mission to help people reach their goals through business ownership. Part of the process is educating potential franchisees on the ways they can access an opportunity....
YOUR CAREER: BACK TO BASICS
Hall of Fame and legendary football coach, Vince Lombardi started the 1961 preseason by gathering his players and announcing, “Gentlemen, this is a football” as he held up the familiar pigskin. There must have been some strange looks in the room. It seems like an odd...
KEEP YOUR JOB AND OWN A SEMI-ABSENTEE BUSINESS
Everyone wants what owning a business can provide. Freedom, flexibility, and not having a boss look over your shoulder telling you “how to improve.” Sounds great, right? But there’s a big reason why people don’t take the leap and start their own business. Hint: It’s...
HOW TO NARROW YOUR FRANCHISE DECISION
If you’re considering business ownership, owning a franchise can be an attractive option. With just a few keystrokes, you can learn of thousands of opportunities. While exciting, it's also overwhelming. Everyone wants you to opt into their form and get your contact...
IS LEVERAGING YOUR 401K TO BUY A BUSINESS A GOOD DECISION?
Over the past two years, many workers have been reevaluating their futures and careers, thinking about how they really want to spend their working lives. Many are considering starting or buying a business, seeking independence, more autonomy, and a way to build a...
WANT TO OWN A BUSINESS? LOOK INWARD FIRST
More and more workers are at a crossroads; they’re rethinking their careers and making the decision to follow their values to a more satisfying way of life. For many of them, starting or buying a business will be the choice that makes sense. The autonomy, the...
THE BUSINESS OWNERSHIP DREAM IS CLOSER THAN YOU THINK
Whew! It’s been a rough couple of years. The funny thing about adversity- it causes you to reflect. That’s exactly what thousands of Americans are doing right now. They’re looking at their professional careers and employers through a different lens than before....
BOOMING INDUSTRIES WE LOVE IN 2021
As a franchise consultant, I speak with franchisors every day about what they offer, their growth rate, and how they are rebounding from the 2020 dumpster fire. The truth is, some aren’t doing great and it makes me nervous for the aspiring business owners looking at...
U.S. GOVERNMENT CREATES THE PERFECT OPPORTUNITY TO BUY A FRANCHISE
We all have business and career regrets. If we only knew then what we know now, we would have made different decisions. Hindsight can be a cruel teacher. If we only took advantage of that opportunity - but sadly, we didn’t. The good news is, for every one of these...
2021 POISED TO BE THE YEAR OF THE FRANCHISE ENTREPRENEUR
2020 was nobody’s year; we’re all glad to see it in the rearview mirror. But 2021 promises to be a much better year for almost everyone, especially business owners. Economists predict a booming economy for the second two quarters of the year as vaccinations allow...