The politics involved in the financing world When elections come around, the banking industry tends to feel some anxiety. Every time a new person with a new platform is elected…
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The best reason to consider selling your franchise? Cash in on your equity. This is one of the best reasons to sell a franchise. If you’re able to take a…
Being mentored by franchise icons Zack grew up immersed in the franchise world. His parents are the founders of Fishman PR and he interned there at a young age. While…
Strategically hiring the right people is key When Bill acquired his first 10 Pearle Vision locations he handpicked every single store manager. He wanted to build a management team of…
What pushed Bill over the edge and into franchising Bill grew up in a family of entrepreneurs. His Dad owned a flower shop and a Jazz Club and his Mom…
A couple of common ways a business is valuated EBITDA: Earnings before interest, taxes, depreciation, and amortization. It is a measure of a company’s operating performance. You’re measuring cash-flow. Revenue:…
The Big Blue Swim School franchise humble beginnings Growing up, Chris spent his days between the beach or a pool. As he began swimming competitively, he’d spend 4+ hours a…
How do you know if your business is on the brink of failure? According to Mike, 83% of entrepreneurs are struggling to survive check-to-check. Sometimes we can’t face the truth…
Taking cost into consideration Cost is probably the #1 thing on the forefront of your mind when researching franchise opportunities. The cost can be prohibitive and you’ll often find yourself…
Develop who you are in your partnership My first partnership was with my parents—and they were hesitant to be involved. I asked them to cover the closing costs for my…