Advice

Whether businesses are a franchise or corporation is a definition that can be traced back to their origins. Originally someone owned a successful business or parent company. That person wanted the business to grow and had to decide the best way to do it. Should the parent company expand by opening and running additional businesses?
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Starting a business after retirement is a growing trend. According to the National Bureau of Economic Research, about 25% of workers between 50-59 are self-employed. Of those ages 65-69, 46% are self-employed. And 68% of those between 75-79 are too. All of these groups have higher rates of self-employment than those under 50, where just
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Franchising has long been an attractive business opportunity for many reasons. It offers an established product or service with proven best practices and business systems. Banks are more willing to lend to a franchise business than an independent start-up. Franchisees also receive advertising and marketing assistance that includes marketing plans, budgets, and creative. Multi-unit franchising
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What is the Difference Between a Franchise and a Business Opportunity? A business opportunity is simply a comprehensive business investment that lets the buyer start a business immediately, out of the box, so to speak. A franchise is also a business opportunity, but not all business opportunities are franchises, says franchise expert Joel Libava at The Franchise
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September 2, 2020 6 min read Opinions expressed by Entrepreneur contributors are their own. As business leaders, we have entered into an entirely new reality: The ongoing pandemic has forced many to reevaluate how we currently operate traditionally entrenched industries and working models. Many companies are still reacting to this “new abnormal” and have not taken the time
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Before new homeowners can take control of their new residence, most require a home inspection. This is an essential part of the real estate buying process. As such, it’s an industry that can thrive in nearly any market. In fact, more than 90 percent of home sales include a home inspection. So for those who
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A franchise agreement is a legally-binding contract between the parties to a franchise relationship. In order to take ownership of a franchise as the franchisee, you sign a franchise agreement. A franchise agreement protects both sides. It protects you as the franchisee and also protects the franchisor brand. When buying a franchise you will be
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If you’ve ever been interested in owning your own business, you may have felt intimidated at the prospect of designing an entire company from scratch. Being an entrepreneur is always hard, but it’s even harder if you’re hard-pressed to come up with an original business idea. This is where franchises come into play. Buying a
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Did you know that the first Friday in June is National Donut Day? In fact, there are several donut (also spelled doughnut) holidays. If you are surprised that a simple sweet confection would have multiple days celebrating it, don’t be. Americans consume 10 billion donuts annually, according to Dawn Foods. In fact, donut stores are
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Walmart is one of the world’s largest retailers. And with more and more consumers shopping online these days, getting your products on Walmart.com can be a major benefit. The process for selling on Walmart Marketplace differs from selling your products in physical Walmart stores. But this gives sellers the option to reach tons of online
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Users are furious at Apple’s attitude toward the five-employee company. August 12, 2020 2 min read Technology giant Apple is apparently opposed to a five-employee startup using a pear logo, even if they offer something totally different. The company in question is called Prepear, an app for cooking recipes. Apple has filed a lawsuit because it says the pear
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August 10, 2020 4 min read Opinions expressed by Entrepreneur contributors are their own. Success instills pride. Unfortunately, valuable possessions also attract thieves. Entrepreneurs think lack of customers, bad service and limited capital are what causes bankruptcy. Try being a victim of cybercrime. A 2019 report by insurance carrier Hiscox found that 60 percent of companies
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Pizza is always in demand with consumers, which means it provides plenty of thriving franchises. Today’s best pizza franchises range from traditional delivery outlets to trendy build-your-own pie restaurants. Get your slice of the thriving pizza market with our best pizza franchise list topped with the finest advice in the business. Pizza Hut and Domino’s
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Senior care is about personal services for those who can’t look after themselves, but they want to stay at home. The senior care franchise industry is bustling. Consider in-home care franchise opportunities in this space are growing at 10% annually. This according to IBISWorld research. These franchises are profitable. And you’re doing good at the
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Customers put a high value on online reviews of business products and services. Businesses should also sit up and take notice. Now that’s a lot easier. GatherUp has launched a service called Google Review Attributes Monitoring. A business owner could call it a reputation management solution. GatherUp gathers customer feedback and reviews in one place,
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A new survey and report carried out as part of BlackRock’s Emergency Savings Initiative reveals 30% of Etsy sellers don’t save for emergencies. The survey highlights the financial positions of non-traditional workers, not only on Etsy but across the board. Non-traditional workers, micro-entrepreneurs and small businesses, in general, are facing considerable challenges as they adapt
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Hip food trucks started hitting the scene in the trendiest cities over a decade ago, breathing new life into the old concept of the sandwich cart. Fast forward to today and colorful trucks serving upscale cuisine are everywhere, even in the staidest suburbs and small towns. Food trucks are a billion-dollar industry in the United
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If you are considering investing in a franchise for dry cleaning, the first question is: how much do you know about dry cleaning? Traditional dry cleaning is a method of cleaning clothes without water. Despite the name, it actually uses liquids in the form of solvents to remove dirt, grease and stains. Evidence of dry
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