Starting a Business? 3 Reasons to Work with a Franchise

Franchise
For many individuals, being an entrepreneur is a lifelong dream. Being able to own and manage a business, becoming your own boss, and have a potential income stream for years to come all make this an appealing opportunity. However, when the time comes to start a business, it can be difficult to start from ground zero, developing an idea and not having any outline to follow. Consider these three reasons for starting a business with a franchise instead of going it alone.

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Selling or Buying Car Dealerships Just Got Easier

Car Dealership
For someone who owns a car dealership or has an interest in selling one, it can be difficult to know how about it. After all, car dealerships are not like the iPhone. You can’t just go into a store and pick one up. In the past, the process has been arduous. Would-be buyers or sellers have had to wait for information on who might be looking to unload their car dealership or who might be looking to purchase one. This makes the process lengthy and unnecessarily difficult. The good news is that this seems to be changing. Now, there is a way to buy or sell an entire dealership without having to struggle through a lengthy process.

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Entrepreneurial Lessons from the Creators of Graphic Novel

Entrepreneur
Entrepreneurs of small businesses have learned a number of valuable lessons on success from getting down and dirty in the trenches. Professionals, such as the creators of the Bacardi novel, who have experienced success, are eager to share what it takes to be a thriving entrepreneur.

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How Online Training can Help Franchises Grow

Online Training
Franchises have made it easier for people to manage their own business. In many cases, it takes less working capital to start a franchise than many other types of businesses. They help provide owners with a good chance of success because of known business names and proven business models.

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Why Buying a Franchise Is Your Key to Future Business Success

Why Buying a Franchise May Be Your Key to Future Success
So you want to be in business for yourself, but not by yourself. In today’s uncertain economy, it is a good idea to have someone who has your back. This is especially true if you are getting in the business for the first time. With a franchise model, that is exactly what you get – a business partner that helps out with marketing and sales, supply costs, and operations. Franchises usually have hones their business model over years and can help potential business owners get off the ground quickly. However, not all franchises are created equal. You need to do extensive research to find the one that is right for you. Here are the tips you can use to narrow your search.

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5-Step Process to Buy a Franchise Business

5-step process to buy a franchise business
Buying franchises in Canada, or anywhere else in the world, entails a long and difficult path to pursue for the untrained investor. However, equipped with the right information and resources, franchise buying can become less painful and a lot safer. We have broken down the process of buying a franchise into five easy-to-establish steps that serve as guidelines on the road to becoming a successful franchisee. Here are some details about these five stages of the franchise buying process:
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How to Revitalise Your Salon Business for Next-to-Nothing

How to revitalize your salon business
Get your salon equipment right, and the rest will follow. Of course, all stylists are looking to strike a balance between low cost salon equipment and high end products, but there doesn’t necessarily need to be a trade-off between the two.
You can save money and retain your favourite supplies – it’s possible! But it’s also possible to get creative with your boutique’s budget. Read on for more information on how to revitalise your salon for next-to-nothing.
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How to Manage Franchise Relationship to your Benefit


Franchisee and franchisor have long held love-hate relationship. They know that they both need each other to be successful, but at the same time, they are constantly disagreeing and fighting over number of issues. While healthy debate and disagreements are beneficial, constant fighting over trivial issues can sap energy out of both franchisee and the franchisor.
For this reason many franchisees feel they should just venture on their own rather than dealing with the tyranny of franchisor. This could be a mistake, however. There are number of benefits of owning a franchise as opposed to running an independent business. As a franchisee, you need to develop a symbiotic relationship with the franchisor and focus on what you want to get out of it. The key is to understand and follow the rules of the game and develop a playbook that will make you a winner. Follow these guidelines when developing the playbook.
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7 Best Practices to Follow When Buying Small Business


Very few decisions have as much impact on your life, as well as of those around you, as the decision to buy a business. This is one of the biggest decisions you will make, other than the decision to get married or have kids. Yet many people jump into this without carefully examining what it takes to run a small business. They get blindsided by the myths about owning a small business and end up paying a huge price, both in terms of money and stress, for a long time. With that in mind, we have compiled 7 best practices to follow and understand before buying a business.
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Are you Working FOR or ON your Business?


On the surface this sounds like a trivial question to ask. After all, when you own your business you are expected to take care of everything. Whether you do it by working FOR or ON your business should not be relevant. However, when you read the question carefully you realize that there is a subtle difference between the two. How you approach it can have long-term implications for you and your business.
So what is the difference between working FOR and working ON your business?
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