Are you looking to buy a franchise? If so, and if you plan on getting a small business loan to start your new business, you’re going to need to write a franchise business plan. You knew that, right? Keep reading...
Franchise Business Plans
Joel LibavaAttention Future Franchise Owners: Are You Going To Write A Business Plan?
(Courtesy of stephenhanafin on Flickr) I hope so. My good friend Barry, once told me this; “You can plan plans, but you can’t plan results.” Makes sense. And, it’s true. Story time…. ...
No Business Plan Equals No Business Loan
Do you really think that you’ll be able to waltz into your local bank and get a small business start-up loan approved, quickly and easily? Really? Let me ask you a question that may seem off-topic with regards to...
Can You Become a Local Franchise Superhero?
Your local business community could use some real American heroes right about now. If you’ve been downsized, maybe you’re interested in applying for this position. Here’s what you’ll need to...
How I Got An Unsolicited Product Review/Endorsement From A Small Business Powerhouse
My wife, my daughter, assorted friends, and even some friendly aliens (not those kind of aliens!) frequently ask me why I'm always on the computer. I'm on the computer a lot, these days. But why? Well for one...
CNBC Discusses Franchising, Small Business Lending, And 2% Franchise Growth…
The folks at CNBC know how important the franchise industry is to the US economy. here, in an interview with the IFA's Matt Shay, a good discussion ensues. Also, a new franchisee of the UPS Store makes his case on...
Some Banks Are NOT Open For Business; Why Won’t They Start Loaning Money To Small Businesses?
What's The Deal? Maybe it's because of the debacle at Bank Of America. Maybe it's because of the mortgage crisis last year. Maybe some of the banks that are too big to fail are in bigger trouble than we...
Thinking About Starting A Business?
According to Caron Beesley, a fellow writer over at Business.Gov, Starting your own business may be one of the biggest risks you will take in your life – and the statistics confirm it. According to the Small...
Your Backup Plan Should Not Include Buying A Franchise
Finally! I have found someone who has a similar philosophy when it comes to franchise ownership. It’s not for everybody. According to fellow franchise professional John Hayes, it should not be a downsized...
Local Franchise Consultants And Brokers Can Help You Find The Right Franchise
If you have decided that franchise ownership may be for you, do you feel it makes sense, at least logically, to seek out people in your local area that know about the franchise industry? Maybe you feel that it is not...
40 Year Pizza Hut Franchisee Shares His Business Survival Tips
Paula Schleis, an energetic Akron Beacon Journal reporter, interviewed Pizza Hut franchisee Tony Szambecki recently, who shared his business wisdom with her. ''The first goal of business is to survive. It's...
Meal Prep Franchises Are Choking
As I predicted, the franchise business model of meal assembly is a bust. The lousy economy is certainly not a boost to this business model that was thought out without the input of people that actually are in the...
Cincinnati Franchise Students Prepare Subway Business Plans
This is pretty interesting…. Students in Wilmington College�s entrepreneur class presented business plans for new ventures running the gamut from opening a new Subway franchise to marketing a board game first...
Franchise Statistics Statistically Flawed
Can you say the title of this post 7 times really fast? Can you believe every statistic you read? Is it possible that all of those statistics that have been whipped around the internet concerning the success rates of...
