June 15, 2015 11:20 am
Published by Dr. John Hayes
Here’s a couple that knew exactly what they were doing when they bought a sign-making franchise and opened it in a small town. “People don’t seem to set up their businesses to re-sell them,” explains Sonja Heaton, “but that was our purpose for going into business, and for buying a franchise.” The Heatons eventually turned their $150,000 investment into a $2-million sale! Want to know how they did it? Want to know how you can do it, too? Here’s their incredible story.
February 14, 2015 8:35 am
Published by Dr. John Hayes
Cash on hand is a huge advantage when you’re buying and starting a franchise business and that’s one of eight reasons why it’s smart to consider leasing when you invest in a franchise that includes equipment. The other seven advantages, including tax benefits, are detailed in this article. Leasing companies tend to prefer franchising and are eager to be of service to new and existing franchisees.
January 25, 2015 10:36 am
Published by Dr. John Hayes
Where to begin? That’s the problem for so many people when they think about starting a business, or buying a franchise. The crazy thing is that it almost doesn’t matter where you begin, as long as you do! And I don’t mean “as long as you do” as a way... View Article
October 23, 2014 5:16 am
Published by Dr. John Hayes
When you start your own independent (non-franchised) business, your mistakes will be more costly than you imagined. In fact, your mistakes will probably put you out of business. I’m not writing this to scare you away from starting a business without a franchisor; I’m writing it because it’s factual .... View Article
October 2, 2014 4:24 pm
Published by Dr. John Hayes
Be careful about who you talk to when you interview franchisees. “After talking to your franchisees, I’ve decided this isn’t the right business for me.” As a former franchisor, I occasionally heard that statement from prospective franchisees, and I always asked, “Who did you talk to?” Sometimes the prospective franchisee... View Article