We are always ‘reminded’ by various publications on franchising, online and off line, that franchising is expensive, and bailing out from the franchise agreement is costly for the franchisee. Unfortunately, not many realise that not only franchisees, franchisors are also financially affected by the franchisee-franchisor partnership break-up – And that is just the tip of…
Franchise ownership is one route to entrepreneurship and financial independence, provided you buy a franchise with the right knowledge and mindset. Unfortunately, for the sake of seeking new franchisees, some franchise opportunity offers are simply misleading, even degrading. Here is what I found searching on Indeed for the term “franchise opportunities jobs“:…
I have invested in franchise opportunities and business opportunities, and I concluded that there is one major difference among those two: The level of support. For those of you who think that franchise fees and royalties are simply useless and waste of money, think again – You will receive what you have paid for. Many,…
I just read an article posted by Joel Libava (The Franchise King) about not including buying a franchise as a backup plan after someone is being downsized. Unfortunately, I do heard stories of people who put buying a franchise in the top list of what-to-do-after-you-are-being-downsized – I agree with Joel: Franchising is not for everybody.…
You fed up working for others and have called it quit. With your cash in hand, you set your sight focused on a mission: being a successful entrepreneur. You revved up, and despite of all the worries and negative comments on you quitting your job, you are start looking for a business to invest in,…
Franchise and business opportunities, by all means, are different in nature. Yet, so many people have mistaken one with another. Sadly, the business owners themselves also inaccurately believe that their business opportunities (often referred as BO) are franchises. To make matter worse, potential investors also believe on their claims. Let us set things straight once…
