A lot of people exploring business ownership start with the same mindset.“I only want to buy an existing business.”I understand why. Buying an established business sounds safer. There’s already revenue coming in. There are customers, systems, employees, equipment, and history already in place. It ...
Read MoreWhen dreaming about business ownership, a lot of people start by focusing on industries they feel excited about. When choosing the right business to start, they assume the concept needs to appeal to them in order to enjoy building the business. While that sounds reasonable, it’s limiting and often ...
Read MoreAt some point while moving through the franchise discovery process, people will have similar thoughts and fears. They tell themselves, “I’m open to this, but I’m nervous about making a huge mistake.” Not just any mistake, but a financial one that is hard to recover from. That is usually what slows ...
Read MoreYou might be wondering, do I actually need business experience to start a franchise?Or maybe your self-doubt shows up a little more directly with statements like:“I’ve never run a business before.”“I don’t have a finance background.”“I’m not really a business person.”If that’s where your head is, ...
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Read MoreWhen people first reach out to me about franchising, the question almost always sounds the same.“Can I replace my corporate salary?”It’s a fair question. Most people have a mortgage, maybe kids, college savings, and a lifestyle they worked hard to build, so walking away from a steady paycheck feels ...
Read MoreWhen people think about business ownership, they usually focus on money, time, and risk. What almost no one thinks about early is how isolating it can feel.Not lonely in a dramatic way, just quiet. You’re making the calls. Decisions stack up. Questions pop up when no one else is around. You start ...
Read MoreA lot of people don’t ask this question early. They assume they can pick a brand, sign the paperwork, and get moving, then a few weeks in the timeline shows up and catches them off guard.Launching a franchise is a process, not a single moment. The timeline is shaped less by the brand itself and ...
Read MoreIf you’ve been thinking about business ownership and franchising, the hottest brands that are popping up everywhere might be at the forefront of your mind. It’s tempting to get caught up in the excitement of brands like Crumbl Cookie when a new concept comes to market and becomes all the ...
Read MoreAnother year is coming to a close, and I’m hearing the familiar phrase all around me:“Where did the time go?!”At the end of the year, it can be tempting to treat this moment like a scoreboard… reflecting on your 2025 goals and resolutions and then beating yourself up for any goals you missed or ...
Read MoreIf you’re exploring business ownership through franchising, it doesn’t take long before numbers start swirling around like a bowl of alphabet soup. There’s a franchise fee, start-up costs, working capital, royalties… and suddenly you’re wondering, “Wait, what exactly am I paying for and how ...
Read MoreOne of the first questions people ask me when they start exploring business ownership is:“How involved do I actually need to be?” or “How many hours per week do I need to spend on my business?”Fair question… And like most things in business ownership…it depends.There are three common ...
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