The Do's of Developing Your Business Plan
A business plan is more than just documentation your lender requires for financing. Your business plan is like a blueprint for long-term success, as it gives you a written breakdown of your goals, strategies, and the…
The Perils Of Falling In Love!
We are not talking about romantic entanglements between individuals - we will not even pretend we know anything about that. We are referring to the phenomenon where business people fall head over heels in love with th…
Questions That a Prospective Franchisee Should Ask a Franchisor
It is absolutely prudent to ask the Franchisor as many questions as necessary to ensure that you understand the complete picture of the franchise arrangement and relationship, after all you are entering into a partner…
Understanding ‘Net Worth’ and Unencumbered Capital’
Before you start your search for a franchise you will need to calculate your net worth and unencumbered capital. Many advertisements for franchise opportunities state that you will need a minimum level of unencumbered…