It’s true. Most people are too risk-averse to start their own business. It’s not a bad thing…not at all. But, it’s a fact. It’s the reason most people don’t buy franchises-or any other type of business. Do you consider yourself to be risk-averse? Are you frightened with the idea of owning your own business? If so, […]

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I’m not kidding. It won’t be a question of if. It will be a question of how hard.   A Franchise Ownership Tip Don’t buy a franchise just because it’s a franchise. Buy a franchise because you feel that you have a pretty good handle on what it’s going to take to make it a […]

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(Photo of Cape Town, South Africa courtesy of Sara and Joachim on Flickr) According to Derek Smith, the new chairman of the Franchise Association of South Africa (FASA), franchising in South Africa is poised to play a significant role in growing the economy through training and job creation. He also said that franchise success rates in […]

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(A view from The Crown)   2012 was quite an interesting year. It was dominated by a lot of loud political discourse on blogs, Facebook, Twitter, and the like. And, in-person political discussions were frequently of the “heated” variety. In business, small business owners-including franchisors and some rather loud franchisees, jumped into the political fray…a […]

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Did you watch…scratch that, did you attempt to watch Nik Wallenda #WalkTheWire ? You do know what I’m referring to, right? Well, just in case you were hanging out in your Glenn Beck designed underground bunker last weekend for a practice “End of The World “drill (and weren’t near a television), allow me to clue you in […]

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In this post, I’m going to reveal the franchising success rate. And just so you know, they’re based on a few franchise statistics I was able to uncover that are deeply related to the franchise failure rate. Franchise Success Rate Statistics: What I Found 1. From PaloAltoOnline “Success rates appear to back them up: “The […]

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