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Franchising

10 Advantages of Operating a Franchise​

Starting a franchise might feel overwhelming or even a little scary. However, this business model has many advantages, including the ability to be your own boss without having to start from scratch. Understanding the advantages of operating a franchise helps you decide whether this path is right for you. We’ll outline 10 of these below […]

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Franchising

How Much Does a Franchise Cost?

Currently contemplating whether to start a franchise? One of the questions swirling around your head right now has to be: how much does a franchise cost in the United States, and is it expensive? This is a little hard for us to answer, primarily because so many factors will determine how much you end up […]

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Franchising

What Is a Franchise and a Franchisee in Business?

Multiple types of business models can help bring a business concept to life. Franchising is often one of the more popular business models considered, since it builds on an existing brand trusted for its value. As such, new owners can quickly access customer recognition and loyalty. These guided investments present budding business owners with many […]

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Business and Strategy

What Is a Good Business to Start?

Are you considering starting a business but unsure which business is best for you? There are many variables to think about, not to mention the uncertainty surrounding evolving trends, business and industry-specific risks, and long-term sustainability, among other considerations.  So, what is a good business to start, and where do you begin? This guide will help […]

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Franchising

How Much Does a Franchise Owner Make?

If you’re looking for your next business opportunity, you may wonder, “How much does a franchise owner make?” The short answer: $117,039 per year.  However, actual earnings vary. The franchise type and industry matter. Just as your investment level, location, and involvement influence success. For some, that success comes because of franchisor support. So, many […]

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Business and Strategy

How To Become an Entrepreneur: 8 Practical Steps

In 1967, a war veteran working at a menswear store decided to try entrepreneurship. Not satisfied with men’s clothing during that period, he decided to make more colorful clothing, something he would enjoy wearing. To start, he designed a line of ties. He went from store to store selling his designs. Encouraged by the $500,000 […]

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Home Inspection Industry

How Much Does It Cost to Become a Home Inspector?

Home inspection is often considered a small business that one can embark on with minimal startup costs, but how low do they really go? While home inspection roles may have affordable entry costs, it’s important to consider the required certifications and time needed to acquire them. Home inspection is a field involving various specializations, each […]

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Franchising

Licensing vs Franchising: What’s the Difference and Which Is Better?

Are you looking to start a new business and have the capital to get started? There are many business models and structures to consider, including licensing and franchising opportunities. This guide will help you explore these two options. Both offer advantages. However, you’ll want to find the best business move for you. To do so, compare […]

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Business and Strategy

Be Your Own Boss: A Guide to How to Be Self-Employed

Have you ever thought to yourself, “Wouldn’t it be nice to be my own boss?” You’re not alone. The freedom to set your own schedule and duties offers flexibility and control that you simply can’t achieve as an employee of another company. The appeal of that freedom has led to a shift in the economy […]

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