Articles
How Long Does Opening a Franchise Actually Take?
Buying a franchise can be a great way to open a business without starting from scratch. If you're exploring franchise opportunities, one of the questions you probably have is about timing. While franchising can streamline the process, opening a franchise...
Bruce Brady of 360° Painting on “The Great Franchisee”
Father of four and self-described "DIY guy", Bruce Brady admits that he knew very little about franchising when he decided to explore business ownership. He shares what he learned on his journey from corporate America and real estate to franchise owner in this...
The Alternate Path – One Franchise Owner’s Perspective
One the best ways to learn about what it would be like to own your own business is listening to those who are doing it. This article explores some of the questions, reflections and decisions often faced when considering a path to business ownership. That path may work...
65 and Trying NOT to Retire
By the time most folks reach their late 50s, they’ve begun to shift their thinking towards the next chapter. In the book, Halftime, Bob Buford described this as “a time of revitalization and for catching a new vision for living the second half, the half where life can...
The Beauty of Cash Flow
“There was a time you could pursue a career, save a million dollars, invest it, retire and live comfortably on the interest - not anymore”, says one corporate executive and new franchise owner. Because he still has one foot in the corporate world as he prepares to...
You Can’t Buy Back Time
We all know that uncomfortable feeling of pressure that comes with a looming deadline. The date that once seemed so far into the future is suddenly upon you. As you rush to complete the task, you can’t help noticing the minutes seem to tick by faster as the deadline...
Five Franchise Growth Strategies of the Empire Builders
Not every business owner is motivated by a “dominate the business world or die trying” mentality. For most corporate refugees (as I once was), business ownership is about creating your own path - one that offers you a chance to control your destiny, be the boss, take...
The Smarter Way to Look at Paying Royalties
“I love paying royalties,” said no franchise owner ever, but the most successful business owners see the win-win, in terms of both time and money. In my role as a franchise consultant, career transition coach and speaker, it’s a popular question among prospective...
Breaking Through Paycheck Addiction
Addiction is no longer a taboo subject reserved for discussion behind closed doors. The declaration that the U.S. is facing an “opioid crisis” and the profound number of families tragically touched by addiction has driven the conversation to the forefront. While I may...
Set Aside Personal Bias When Evaluating Franchise Opportunities
Paul Masters is no stranger to building successful businesses. He’s been there, done that and sold it. With decades of leadership experience and a knack for strategy, you’d think he’d recognize an incredible business opportunity immediately. Not so fast. In fact, it...
Buy Low, Sell High Strategies for Aspiring Franchise Buyers
In stocks, bonds or real estate, the savvy investor is always looking for opportunities to buy low and sell high. This principle is relevant when exploring franchise ownership too, but with one important distinction. Unless you’re an active day-trader or house...