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”...
View ArticleFranNet Finds Perfect Bond Between Life, Business
The opportunity to showcase FranNet’s satisfied clients is something we’re always proud to do. Not only does it put a personal touch on our services, but it gives our readership the opportunity to see...
View ArticleWhat Is The Most Common Type Of Loan For Purchasing A Franchise?
Blog Note: Occasionally, we’ll enlist one of our partner companies to offer their expert advice on various considerations for franchise ownership. Today, Dallas Kerley, Chief Development Officer with...
View ArticleTeam-Building Strategies Achieve Excellence in Franchise Development
Blog Note: Recently, Jania Bailey, FranNet President and COO, was featured in Franchising World magazine, a publication of the International Franchise Association (IFA). Jania is a Certified Franchise...
View ArticleFive Franchising Myths Perpetuated By Your Neighbor
It goes without saying that franchising myths can be spread by anyone, not just your neighbor, but in the case of this blog, we need an antagonist. So we’ll assume he/she is a neighbor of yours. While...
View ArticleFive Franchising Myths Perpetuated By Your Neighbor
It goes without saying that franchising myths can be spread by anyone, not just your neighbor, but in the case of this blog, we need an antagonist. So we’ll assume he/she is a neighbor of yours. While...
View ArticleDoes low cost franchise mean low return?
In this blog edition, we tackle the oft-asked question, “Does a low cost franchise mean a low return?” Many potential franchisees looking into concepts with an eye on the financial business model of...
View ArticleIs Starting a Business Safer Than a Job?
Have you ever considered, “Starting a Business May Be Safer than Having a Job”? Today, that’s our job. While that statement may sound counterintuitive to some, it’s become a reality for millions with...
View ArticleWhat do you want to be when you grow up?
From the time we were little kids, adults would routinely ask, “What do you want to be when you grow up?” Being kids, common answers usually included being a firefighter, policeman, nurse or maybe even...
View ArticleFranchise Royalty Payments: Betting on Your Business in the Long Run
In this week’s edition of FranNet’s weekly blog, we tackle the subject of royalty payments for franchisees. Royalty payments are a typical obligation in which franchisees pay the franchisor a set...
View ArticleA Family Business? Every Business Should Be
As FranNet consultants with decades of experience, we definitely have an opinion on the level of involvement family must or should have in business decisions. And while plenty of empirical evidence can...
View ArticleDiversify Your Portfolio with a Franchise Business
In this week’s blog edition, we’re going to tackle the issue of using a franchise or small business to diversify your portfolio of investments. As you’ll see, there are several advantages for doing so,...
View ArticleThe Pitfalls of Franchising
Editor’s Note: Jania Bailey, President/COO of FranNet, was recently featured in an AARP.org article focusing on things one should consider when looking at franchise ownership. A couple of excerpts are...
View ArticleMaybe You’re Not Built for Business
Uh, what?? At first glance, the title of this week’s blog might seem like a strange thing for FranNet to advocate. But there’s a deeper meaning in this attention-getting headline that includes lessons...
View ArticleYou’re 50. You’re Downsized. Now What?
At FranNet, we believe franchising makes sense no matter what stage in life you find yourself. As you may have witnessed yourself, the job market no longer provides the long-term security it once...
View ArticleDid You Lower The Bar For Your Business?
You’ve done it. You successfully own a franchise or new business and the first three years have passed without too much trouble. Now 10 years…15…20, each with its own unique opportunity to keep your...
View ArticleYou Don’t Know What You Don’t Know
In the franchise industry, there are countless individuals that prove day in and day out what hard work looks like for a business owner, and how rewarding it is to see their efforts make a difference...
View ArticleFranchisor Spotlight: Interviewing the Franchisor
After you have completed the initial qualifications, it’s now time for you to speak directly to the franchisor. As you prepare for this conversation, you need to keep in mind this is the time for you...
View ArticleThe Age of the Introvert Entrepreneur
FranNet works with entrepreneurs of all ages and personalities, and the more reserved individuals of the business world are no exception. Influential men and women are lending an ear to the quieter,...
View ArticleMark Roger Keeps Indiana Entrepreneurs Together At the Round Table
Finding success as a franchise business owner is all about research, leadership and networking. With the myriad of unpredictable circumstances an owner faces in the first few years, a guiding hand can...
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