Before we get into the best hands off franchises – consider this. There’s a fairly common analogy about nurturing your business like you would a plant. Just as the seeds you lay down need sunlight, water, and nutrients to grow deep roots – any business you invest in needs the same level of care and […]
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Dear entrepreneurs who want to franchise, If you’re reading this, then it’s likely you’re a competent veteran in the world of entrepreneurship. You’ve started from the ground up, weathered challenges, and seen your business vision come to life. We know you’ve paid your dues in the School of Hard Knocks, and now you’re perfectly poised
Myths, illusions, smoke and mirrors – these are tools of deception that can lead even the savviest professionals astray. It’s so easy to believe an ideal – even when the ideal is just inaccurate information in disguise. The franchise industry isn’t devoid of these myths. Misconceptions and half-truths cloud the judgment of even the most informed buyers.
If You Believe These 10 Franchise Myths, You May be a Misinformed Buyer Read More »
If you’re in pursuit of business ownership in the franchise industry, you’ve come to the right place. But before you ask the question of ‘which industries are most likely to franchise,’ we want to share this analogy with you regarding what goes into choosing the right business opportunity. Imagine the early stages of shopping for
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If you’ve explored franchising recently and have researched the failure rate of the business opportunity, then you may have come across articles stating that franchising isn’t all that – or all that safe of an investment, either. However, our first rebuttal to that is perhaps there’s just not enough easily digestible content out about these franchising statistics.
What is the Failure Rate for a Franchise? Read More »
In today’s fast-paced world, cars are far more than just vehicles transporting us from point A to B – they are integral components of our daily lives, embodying safety, comfort, and personal expression. All important things. A need for a car’s appearance, drivability, and overall experience to be up to par cannot be overstated, especially
There are a few difficult things in this world that we all experience, regardless of country and culture. These are wars, pandemics, and economic hardships. And though these make for tough times – throughout history, we have overcome them each time. As the economy starts to slow – both here in the US and globally,
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Happy Halloween! Here at FBA, we’re seizing the spooky season to talk about a few common misconceptions on franchising that could potentially haunt prospective buyers and business owners. If future franchise owners are fearful, we’re going to go out on a limb here and say it’s not because the industry is actually “spooky.” It’s more
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