Ready to be your own boss? Here are the best advice and career paths to consider if you're looking to break free from the corporate world and blaze your own trail. The Evolution of Modern Work In the mid-20th century, it was common for people to spend their entire careers working for the same company, [...]
Starting your own business isn’t easy. That’s why many new entrepreneurs look to franchising as a simpler path to owning their own business. But it’s not for everyone. To find out if franchise ownership is right for you, let’s examine the pros and cons of being a franchisee. The Benefits of Being a Franchisee Franchise [...]
There’s no place like home. A man’s home is his castle. Home is where the heart is. Make yourself at home. There’s a reason there are so many well-known expressions containing the word ‘home.’ Our homes are more than just shelter, they are places of comfort and belonging. We want them to be beautiful and [...]
Electricity is such a common part of our lives that we often take it for granted—as long as when we flip the switch, the lights come on. But these days we need electricity for so much more than our lights, that if the power goes out, life stands still. Qualified electricians have never been in [...]
Mortgage rates have risen more than 4% since the start of last year, so it’s no surprise that home renovation projects are up — if you can’t afford a new home, you’re going to take better care of the one you have. According to Harvard University’s Joint Center for Housing Studies, spending on home renovation [...]
If you are new to the world of franchising, you may not be familiar with some of its common terms, including franchise agreement, franchise disclosure document, turnkey franchise, and royalties. Today, we’re going to take a closer look at what’s arguably the most important of them: the franchise agreement. This is a contract you (the [...]
When many people think of franchising, they think of fast food. Sure, fast food restaurants are some of the earliest and most prominent examples of franchising. But in the past few decades, franchising has evolved far beyond food service. There are franchises in hundreds of industries, including healthcare, travel, fitness, pet grooming, and home services [...]
As a franchise owner, you’re in business not just to earn a living, but also to make money. That means treating your franchises as investments and looking for ways to maximize profit. The most obvious way to do this is owning multiple units of the same franchise in different markets. Multi-unit franchise owners are usually [...]
It’s no secret that the sooner a business opens its doors, the sooner it can start making money. This is one reason new entrepreneurs often choose to buy a franchise, instead of starting a business from scratch. But an even faster way to get up and running is to buy an existing franchise from another [...]
When the economy is booming, it’s a good time to be in business. Consumers have money in their pockets and are not afraid to treat themselves. But when inflation is on the rise, and the economy is heading toward a recession, people tend to keep a tighter grip on their cash, saving it for the [...]
