Author Archive

Even though you now (hopefully!) have a strong sense of the entrepreneur you’re capable of being, it can be tough to finally choose the business you want to launch. To help you along, we’re shortly going to investigate current and future business trends – ideas that are really making a splash. That, along with your [...]

Not everyone has experience managing others on their resumes. That doesn’t matter. Of course, the more relevant experience you have directing a business and its employees, the better; being an effective manager is an essential part of owning a business. However, that expertise doesn’t necessarily have to come from actual work experience. Let’s say you [...]

In our last post, we talked about what types of factors you should consider when selecting a business to go into. In today’s post we cover the top business trends of today according to J. Wang and K. Ohngren at www.entrpreneur.com. Top Ten Current Business Trends: Generation Y. Today’s youth have more purchasing power than [...]

Now that you have an idea (or three!) swirling in your head, it’s time to narrow it down. Sure, you can eventually have more than one business, but for obvious reasons it’s best to focus your efforts on one at a time. It’s time to think seriously about how your new business concept will be [...]

This is the first post in a five part series that covers the five questions you must ask when going into business for yourself. Each of these five questions need to be addressed and adequately answered during your due diligence process. The 5 questions are: So what exactly am I selling? Who’s lining up to [...]

Let’s take a look at the key tasks necessary for starting a  business. As you read through the list, think about your own transferable skills and compare against each item to see if you already have the abilities necessary to meet the demands of that specific managerial function. Put a check mark beside each task you [...]

In this final post on the topic, we will cover some thoughts surrounding franchise consultants. Of course, not all franchise consultants are created equal. While the most effective (and reputable) consultants are non-biased third parties who work with you to figure out what’s ideal for your personal situation, some are really only motivated by their [...]

In our last 2 posts we discussed how working with a franchise consultant can be summed up in the word “insight.” In this post, we will look at last 3 insights a franchise consultant can provide you during your due diligence process. Insight #4: An Objective Third Party. If you’re excited about becoming a franchisee, [...]

In our last post we discussed how the advantages of working with a franchise consultant can be summed up in the word “insight.” In this post we will look at 3 of the 6 insights a franchise consultant can provide you and why it only makes sense to work with one from the very start [...]

If you are seriously pursuing franchise ownership as a way for you to start a business, the next few posts are devoted to you. These posts are meant to help you understand how the addition of a seasoned franchise consultant to your team can help guide you through the process of discovery that is necessary [...]