Here is the question that your answer can make or break your entrepreneurial career: To buy or to lease business premise. Many people misunderstood McDonald’s business model. Many thought that McDonald’s is successful because it makes the best burgers. Not entirely true (to me, Burger King’s burgers are the best of all – LOL. McDonald’s?…

Many people deciding to buy a franchise because it is closely related to their hobbies. My opinion: Hobby-based franchises are great, but let your hobby be your hobby. I have talked with some franchisees in the past who are buying a franchise because it is their hobbies-turned-into-businesses. One of their most common comments is: Let…

Due diligence is the keyword to ensure that everything you have planned in buying a franchise will not go in vain. Proper franchise opportunity analysis can only do you good. Due diligence is resource-intensive. Doing it requires you to put on your business analyst hat, as well as your skepticism hat. Unfortunately, choosing NOT to…

Today, web presence is more important than ever – Franchises know this fact, too. Here is our very own 10 best franchise company websites, design-wise. Franchise companies know that if they want to reach out more to customers and franchisee candidates, they need to go online. They need to transmit the right message to the…