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In the words of the famous Ray Krock, “As long as you’re green, you’re growing,” and that’s probably never more true than right now as the nation’s marijuana industry seems poised to expand. Changing social mores and changing laws have made the cannabis industry a hot...
Many think franchises are safe investments that don’t carry a huge risk. While it’s true that franchisees can take advantage of the franchisor’s knowledge, there are still some risks of this type of business setup. There are several risks that you need to consider....
American companies operate much differently in the 21st century than they did before. A substantial portion of today’s commercial activity occurs online instead of in brick-and-mortar locations. Many high-revenue companies are taking advantage of these online business...
If you are thinking about purchasing a franchise, you may be wondering what is needed to succeed as a franchisee. You know that running a franchise has some advantages over starting your own business, such as the fact that potential customers already recognize the...
Franchise opportunities are an attractive way for interested parties to become business owners. Buying a good franchise may eliminate some of the startup tasks you might otherwise face. That does not mean buying a franchise and operating it is easy and free of...
If you have always wanted to own a business, buying a franchise can help you achieve your dreams. However, not all franchises are appropriate in all circumstances. You always want to do ample research before choosing a business you want to own. Otherwise, you may end...
You have always wanted to run your own business, and now you feel like the perfect franchise opportunity has arisen. It feels like your dream of becoming your own boss and running a business is now a possibility. You know you will need your partner's support during...
Trade secrets may be the backbone of your company. Your business might not be where it is today. Having your trade secrets leaked or stolen could damage your business significantly. The best thing you can do to prevent your trade secrets from being leaked is by taking...
According to market research, the fitness industry is experiencing a growth trend. Estimates indicate that the industry will grow 171.75% through 2028. If you believe opening a fitness center or gym is the answer to your dreams of owning a business, it could be a good...
Nothing guarantees success with a franchise. Franchise locations can still fail, even when the company/franchisor has been very successful. If you’re thinking about opening a franchise location yourself, you need to know that it will still take work and dedication to...