Archive for the 'FranNet News' Category
Using your 401(k) or IRA to start that dream business
Credit: By Rodney Brooks, USA Today, Copyright 2013. Appeared on front page of “Money” section, 9/24/13. Many Boomers have visions of encore careers and even starting businesses when they “retire” from their current careers. And they are becoming entrepreneurs in record numbers. There is a bold group of entrepreneurs who are financing their start-ups with […]
Turning Over the Keys – A Lesson in Managing the Manager
One of the great selling points of a majority of franchise opportunities in the marketplace today is the option to choose a “manage the manager” business model. It’s also referred to, in a more highbrow sense, as the “semi-absentee” model. To many interested parties, this is a convincing benefit because they see this option as […]
Boosting Your Franchise With the Power of Social Media
The consideration of social media as an effective marketing tool has continued to become one of the strongest factors in representing brands across multiple industry channels. Simply put, social media can no longer be ignored. From nightly news broadcasts with instant Twitter feedback (note the famous “Blue Bird” logo) to the unrelenting force that is […]
Avoiding Franchise Funding Mistakes – The Top-5 Pitfalls
A potential franchisee seriously interested in becoming an entrepreneur will take several demonstrative steps throughout the ownership process. Some important milestones, such as reviewing your Franchise Disclosure Document (FDD), we’ve covered before. This week, we intend to focus on a topic with an equal level of importance—that being the financing options available to the franchisee. […]
Match Your Talent with a Franchise Opportunity
As we’ve discussed in this column before, finding just the right franchise opportunity to fit your profile is the single-most important decision you will make in the entire process. This blog is designed to provide the potential franchisee with a few helpful hints on matching your talents with a franchise opportunity. For those looking to […]
Top 8 Franchising Do's and Don'ts
People love lists. In the journalistic world of blogging, a phrase has been coined to describe a type of form writing which utilizes lists in a thematic structure—it’s called a “listicle”, the fused root of the words “list” and “article”. One of the more popular sites on the Internet using listicles to make broader points […]
From Coffee Table to Board Room: Two Great Books to Read
Throughout the course of the past few months, we at FranNet set out to provide some excellent topics for our blogs designed to speak directly to those considering a possible future as a small business or franchise owner. We’ve covered some vital subjects such as the three ways to own a business and touched upon […]
Why an FDD Should Be Your Guiding Beacon
With over 3,000 choices of franchise concepts in the marketplace today, your options for owning your own business are limitless. But not all franchises are created equally. So, how will you be able to gain the necessary piece of mind that the opportunity you intend to pursue is legitimate? Say hello to the Franchise Disclosure […]
Three Ways to Business Ownership Freedom
It’s no secret that thousands of intelligent employees harbor a desire to eventually go into business for themselves. They do this for many personal reasons, not the least of which is the belief that they can be successful at the helm of their own organization. Perhaps you’ve been in a particular field long enough to […]
Flawed Thinking Keeping You Out of Business for Yourself?
The very idea of owning a franchise or starting a new business of your own is a popular dream. The next time you’re in a crowded setting—perhaps a park packed with people on a sunny day–try to imagine how many of those present actually harbor a secret desire to take charge of their own destiny. […]
