Archive for the ‘Franchises’ Category

Starting a Business

Thursday, April 28th, 2011

Are you thinking about starting a business of your own? Congratulations! It’s a huge step, and you’ll need to be prepared. That’s where SBA comes in: In this section, we have brought together the resources you need to get started. Whether you’re sitting down to write your business plan, wondering about your legal obligations, or researching your financing options, you’ll find the information you need right here. (more…)

Five tips for starting a small business in 2011

Tuesday, January 4th, 2011

For the many individuals who are considering opening their own businesses in 2011, there are five important steps to follow, writes Tory Johnson for ABC News.

As a potential small business owner, one must seriously weigh the options, time and investment that go into owning a business.

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Franchise buying brings potential for the unemployed

Monday, January 3rd, 2011

With the right financial backing, the acquisition of a franchise can be just as rewarding as starting a business from the ground up, with significantly less risk, according to Entrepreneur.com.

Unlike the high costs of beginning a new business, franchises can be acquired a much lower cost.

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Considerations to keep in mind when buying a franchise

Tuesday, December 14th, 2010

According to a recent report by the Census Bureau, one out of every 10 businesses in the U.S. is a franchise. In 2007, the sector accounted for $7.

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Consideration to make in buying a franchise

Thursday, November 18th, 2010

As unemployment continues to hover near or around double-digit levels and the economy creeps slowly toward recovery, many small businesses and entrepreneurs are looking to franchises as a source of new capital.

Businesses that are seeking to buy a franchise have more to consider than when buying a small company.
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The two options for expanding a small business

Friday, September 24th, 2010

Business owners and entrepreneurs are almost always seeking to expand their company, and the biggest question in deciding how to do so comes down to two options: slow growth or acquisition. As always, the decision will involve serious cost-benefit analysis, but each is not without its own degree of risk and reward.

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Buying a business that operates internationally requires tact

Tuesday, September 21st, 2010

Buying a business that exports to world markets offers exciting challenges and the potential for tremendous growth, and addressing the differences in culture and commerce will help a new business owner succeed.

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Why do You Want to Buy a Franchise?

Tuesday, September 7th, 2010

Choosing and buying a franchise is easy. The tough part is finding the right reason why you want to buy one. Learn from my mistakes.

I remember all the excitement that comes with the process of finding the right franchise to buy. Visiting franchise expos, talking with franchise owners, visiting franchisees’ stores, getting pitched by franchises’ marketing team… and so on.

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If Running a Franchise Unit Yourself Too Much to Handle?

Tuesday, September 7th, 2010

Buying a franchise unit is probably easy if you have the capital, but running one is a different story.

Firstly, a franchise owner is required to be responsible for the whole business operations, from hiring to managing finances. This is a good thing, but not many can actually do this well – wearing many hats is not for everybody.

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Transworld Business Brokers

Monday, July 12th, 2010

Fellow Entrepreneurs,

Selling or buying a business is a very complex process. I know, I have sold and bought several businesses in my entrepreneurial career. In fact, I came to Transworld as a buyer looking to purchase a business to support my family.

From the first meeting, I knew Transworld was different. Don Parrish, the owner at the time and a 30 year IBM executive, and Bonnie Parrish his wife ran things differently. After joining the Transworld Team and working in the field for a few years, I bought the company.

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