Do you want your business to replace your salary, or do you want to create a legacy for future generations? Understanding whether you want to manage a team or be an owner-operator can help narrow your choices. AtWork’s franchise owners start with a small office and a limited number of ...
Here are some steps to follow when franchising a business:Develop a Franchise Business Model: Create a model that outlines the business's operations, systems, and procedures. This includes creating a manual that details how the business operates, and establishes the standards and policies that all...
Starting a new business is fun, exciting, and a little scary. Learning how to franchise a business is all of those things too, but running a franchise is a bit different. Franchising is a good option for anyone who wants to start a business without having to go it alone. When you ...
If you’re running a business by yourself and haven’t taken steps to create a formal business entity, you’re likely operating as a sole proprietor. Setting up as a sole proprietor is generally straightforward, but may vary from state to state. Business owners must be aware of the followin...
Investors want to assess your potential profitability as a franchise — your marketing plan is their map. The goal is to attract investors with your marketing. To create robust business and marketing plans, outline concrete strategies you’ll use to grow your franchise business, such as the ...
Starting a business is a major endeavor. You need to perform market research, file for a license, create a marketing plan, and build your brand. One way to shorten the process is to become a franchise business owner. As a franchise business owner, you can tap into the resources and ...
“Depend on Dakota!” It just rolled off the tongue. It was short, sweet, and to the point. Best of all, it was memorable. What makes a memorable brand name? Building a memorable brand name is imperative in marketing. Brand names bundle two elements together: ...
The author explains the importance of multiple revenue streams in a franchise as they provide an owner a way to reduce risk and promote cash flow from several sources. According to the author, the new product or service has to fit in with the core beliefs and services of the brand, as ...
Now, just add a mix of reality TV magic and a little bit of Brad Pitt, and you have yourself the modern Formula 1 package. So today, Laurence Edmondson joins David Dennis Jr. to explain all the drama from the garage to the track and tells us why the resurgence of F1 is just ...
Learn how to start a business in Tennessee, including choosing a business name, obtaining a license, and registering your business.