Making a Healthy Transition From a 9 to 5 to Self-employment

A smiling fabric-shop owner writing in a notebook while working from their laptop.

With the workforce rapidly shifting, you might be exploring career options that offer more freedom. The trend toward self-employment was already on the rise, but the pandemic pushed it to new heights. Given the current job insecurity, lowest job satisfaction levels in two decades, and highest inflation rates in 40 years, it’s no wonder you’re ... Making a Healthy Transition From a 9 to 5 to Self-employment...

Can Entrepreneurship Improve Your Mental Health?

An entrepreneur smiles at the camera and holds a cup of coffee at their workspace.

Entrepreneurship offers unique experiences that can be exciting, challenging, and ultimately rewarding. The ability to bring a new idea to fruition, build a business from the ground up, and see it succeed can be immensely satisfying. However, entrepreneurship is also highly variable — with fluctuating revenue, market changes, and unforeseen challenges that may be demoralizing. ... Can Entrepreneurship Improve Your Mental Health?...

Overcoming Your Biases When It Comes To Assessing Market Demand

A person holds their coffee while conducting market research on their laptop.

Having individual biases is a universal part of the human experience. Everyone has different life experiences and cultural backgrounds that impact how they view the world. In the field of market research, however, biases can have impacts on the results of the research process and on the consumer. Inaccurate, skewed results can cause a business ... Overcoming Your Biases When It Comes To Assessing Market Demand...

How To Become an Employer of Choice

A manager smiles, leaning on a table at which his team is working.

Becoming an employer of choice is crucial for businesses in today’s competitive job market. The ability to attract and retain top talent is a differentiating factor that can lead to a company’s success or failure. According to Harvard Business Review, despite layoffs, the labor market remains favorable to job-seekers, making it challenging to hire and ... How To Become an Employer of Choice...

Steps To Develop a Business That Plays to Your Strengths

A person wearing business attire and boxing gloves stands next to the words “discover your strengths” stenciled in white chalk on a green chalkboard.

Business development takes time. It often takes two or three years to get a business off the ground and up to a decade until your company reaches its full potential. However, 50% of businesses close their doors before five years. Regardless of your industry or skill level, developing a business is a significant commitment. Every ... Steps To Develop a Business That Plays to Your Strengths...

Resources for Female Veterans Starting a Business

A female dressed in military fatigues crosses her arms and smiles at the camera while sitting at her work desk.

Resources for Female Veterans Starting a Business Challenges for Female Veterans Starting Businesses Gender Biases Access to Capital Success Stories of Notable Female Veteran Entrepreneurs Military Skills That Transfer to Entrepreneurship Leadership Skills Technical Skills Soft Skills Business Opportunities Franchises for Veterans Training Funding Networking Within Organizations Business Organizations Resources From the VA and SBA ... Resources for Female Veterans Starting a Business...

How much does a successful franchise owner make?

How much pay

Franchises present an opportunity to augment your current career or start an entirely new journey. But how much do franchise owners make a year? And how much does a successful franchise owner make? Well, it depends on the nature of their business.  While fewer than half of all franchise owners (49%) make over $50,000, the nationwide ... How much does a successful franchise owner make?...

Who Should I Hire for my Franchise?

who to hire for your franchise

Your franchisor can provide significant guidance when it comes to setting up your franchise, but many of the final decisions are yours to make. This freedom is especially apparent when it comes to hiring for your franchise. Even if you use the company’s job descriptions and ad templates, you’ll still need to screen applicants and ... Who Should I Hire for my Franchise?...

How Do You Write a Franchise Agreement?

How to write a franchise agreement

A franchise agreement is one of the most important documents in the franchising industry. It’s a contract that outlines the relationship between the parent company (the franchisor) and the operator (the franchisee).  This agreement communicates two basic things: the responsibilities of the franchisee and the support offered by the franchisor. As you learn how to ... How Do You Write a Franchise Agreement?...

What States Have Franchise Laws?

Legal Requirements by State

It’s not difficult to learn how to start a franchise, but that doesn’t mean there’s a one-size-fits-all strategy that you can use in every case. Each state has its own legal requirements that you’ll have to meet before your doors can open. This article will give you an overview of the legal requirements to start ... What States Have Franchise Laws?...

What Are Requirements to Franchise?

Information on Requirements to Franchise

Starting a business isn’t for the faint of heart. While operating a franchise offers less risk than other types of business, there are still some requirements to start a franchise that you’ll need to consider. This guide will show you how to start a franchise, with an emphasis on navigating the basic requirements of operating ... What Are Requirements to Franchise?...

Can You Buy a Franchise with No Experience?

Buy a Franchise with No Experience

Franchising represents the perfect balance: the freedom of running your own business and the support of a nationwide corporation. But what if you have no idea how to start a franchise? Don’t sweat it. You can start a franchise even if you have no prior experience. This guide will walk you through the steps in ... Can You Buy a Franchise with No Experience?...

What Questions Should You Ask Before Becoming a Franchisee in a Company?

Questions to ask before becoming a franchisee

Sometimes, one of the first steps in developing a franchise plan is asking the right questions. By learning as much as you can about the franchisor and the process, you’ll ensure that this company is the right fit for you and can save you from making the wrong investment. If you’re interested in learning how ... What Questions Should You Ask Before Becoming a Franchisee in a Company?...

How Do I Create a Franchise Business Plan?

Create a Franchise Business Plan

How Do I Create a Franchise Business Plan? This article will show you how to start a franchise by walking you through the components of a franchise business plan. To succeed in business, you need a plan. That’s true even if you operate a franchise, so it’s important to know the steps in developing a ... How Do I Create a Franchise Business Plan?...

Training Tips to Keep Your Franchise Skills Sharp

Sharpen Your Skills

What skills do you need as a franchisee? This is a list will vary due to many factors – who you ask, what your business industry is, and more. But what matters is the skills that are important and useful to you, the franchise owner. What do you need to do in order for your own business to rema...

How to Expand a Franchise Business

Expanding Franchise Business

Are you looking for ways to expand your franchise business? As a franchise owner, you get to reap the benefits of the franchisor's accumulated knowledge. Although they've undoubtedly made mistakes along the way, they've also learned from them. This is knowledge that gets passed on to you when you be...

How to Find Your Ideal Franchising Industry

women choosing a franchise

Finding a great fit with your franchising business can make all the difference in your journey as a successful owner. Forcing a professional relationship won’t lead to streamlined growth, it will create an ill fit where progress struggles and daily tasks are harder than they need to be. But in...

Can my business pay for my car?

Car Wrap

If I get a vehicle to use in my business, can I use it for personal use? Behold the value of being a small business owner. Your business will pay for things that you use yourself in your daily life that you previously had to pay for out of personal funds. A vehicle is one of the biggest household ex...