Have you ever heard of Hewlett-Packard? Baskin-Robbins? Anheuser-Busch? These businesses — and thousands of others — were co-founded by two people who worked closely together to make their companies successful. Following in their footsteps and finding the right startup partner could be the key to your success, too.
Here’s a closer look at what it takes to find a business partner … the right business partner. Continue reading “Starting A Franchise — How Can I Find A Business Partner?”
Sometimes, too much of a good thing just isn’t enough.
You’ve been running your franchise for some time now. The experience has been as good, perhaps even better than expected. Response from the market has been positive, and there’s plenty of business… The franchise is growing.
Maybe when you got started, you wanted to see how things worked out — or perhaps your funding was limited — but now you’re ready to take on a new territory. The corporate office is happy to explore the possibilities: As an existing franchise operator, you’re already ahead of the game.
Continue reading “When It’s Time To Grow The Business”
There are scores of reasons you’re looking for a new business opportunity. Entrepreneurs often cite: Being your own boss, doing something you love, contributing to the greater good, and creating jobs. The list goes on.
It’s easy to fall for the romance that comes with having something to call your own, especially when you’re having a difficult day or the boss’s nickname is something we can’t write on these pages (after all, this is a family blog). It takes far more than that (or at least it should) to give up a solid career to go out on your own.
We’ll make the assumption you know what kind of business you’d like to run and something about the product or service you plan to offer. That’s just ante into the game.
But before you place your “Open for Business” sign in the window you need to do extensive research and a fair amount of soul searching — and ask yourself these five tough questions.
A business plan can be a valuable tool for business owners. For someone looking to get financing, a business plan is necessity. You won’t even get in the door without a solid plan in hand.
Even for established business owners, a business plan can prove extremely useful.
It serves as a map for the where your business is headed and how you’ll get there. Every business plan has certain elements that readers expect. Here’s a look at five of them.