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What are Advantages of New vs Resale?
Franchise business account for over 50% of all retail sales in the United States according to a recent US Chamber of Commerce study. Additionally, after 5 years of opening, at least 86% of franchise businesses were still in operational. Independents (Non-franchised) business had a significantly greater closure rate with 62% of non-franchise business closing within the same period, primarily due to cash flow and capital problems. Advantages of franchise businesses Name and brand recognition – Consumers like to shop and get what they...
read moreStart Your Own Independent or Buy A Franchise?
Independent Franchised You’re visiting a new city, on a time table and you’re watching your weight and want something grilled not fried and a salad, the kids only will eat chicken nuggets, and you want the kids to have some vegetables and you have a toddler that will only eat macaroni but not nuggets. You want a reasonable price point with sit down options, clean bathrooms and free parking. Which one will you choose? Chances are KFC because you know what to expect. A person can come up with an idea and open a business...
read more4 Steps to Figure Out What You Want
Buy a Business 4 Steps to Figure Out What You Want and Learn About the eAdvantage4u SMART eDiscoveryTM Process to Investigate to Make Sure You Find the Right Business Figuring Out What You Want (and What is Realistically Possible) Step 1: Sign Up for Free Consultation! Receive a FREE Consultation by an experienced eAdvantage4u consultant who is a franchise industry expert. Not only is your initial consultation FREE, your eAdvantage4u consultant will NEVER ask you for money. Your consultant works much like a recruiter – helping match and...
read moreWhich Franchisors are Best?
You have probably already been online, clicking away, and requesting information and as a consequence, receiving so many emails and phone calls that you are considering changing your number. Or maybe you have just looked and tried to narrow down the options on your own. You’re making a big mistake if you begin by contacting the franchise company directly. Why? Because the franchise company will begin its sales qualification process with you. You might qualify but it might not be the best business model for you. Instead take the time to...
read moreFranchising Advantages and the FDD?
What is franchising? The word ‘franchise’ is derived from anglo-French derivation – from franc- meaning “free”. Owning a franchise has been a means of attaining professional, career and financial freedom. Generally speaking, a “franchise” is a business arrangement in which a business owner, or “franchisor”, authorizes someone through a written agreement, usually referred to as “franchise agreement” which grants the rights to operate under the franchisor’s trade name and marks using the franchisor’s...
read more40 Reasons to Buy a Franchise
Why should I consider a franchise instead of just starting my own independent business? Here are 40 reasons to consider purchasing a franchise: Before You Buy The odds are in your favor since statistics show that franchises are five times more likely to be in business after 10 years when compared with non-franchise businesses. You can know exactly what you’re buying before you buy so you can make an informed decision since a lot of information may be obtained prior to purchase. The Federal Trade Commission (FTC) requires franchisors to...
read moreHow eAdvantage4u Can Help You
eAdvantage4u can help you as you figure out your next career move, whether you’re currently employed or in transition. And there are even some unique opportunities for those who want to continue in their current position or company, where you can become a business owner with minimal involvement and generate another income stream. You will receive professional career and life goal coaching. If business ownership can help you reach your professional, financial and family goals, an eAdvantage4u consultant can give you the entrepreneurial edge...
read moreLaid Off or Stalled in Your Career?
If you’ve been laid off or are just tired of the corporate grind or find your career track has reached a plateau, why should you consider franchising or business ownership, especially if you’re over 40? The International Franchise Association reports that “More than 825,000 franchise businesses across 300 business lines provide nearly 18 million jobs and generate more than $2.1 trillion in the U.S. economy.” Why change? Most people starting a business at this point in their lives are in it more for lifestyle. Being your own boss is a...
read moreWho Says You Can’t Have it All?
Sometimes, there are natural talents and abilities that enable those talented or gifted to excel in sports and the arts. Others we admire have achieved in the business world and accumulated great fame, admiration, success, and wealth. But with training, hard work and dedication, some even less talented or less educated or less connected, have excelled and have achieved meaningful experiences and financial rewards. Generally, there are more opportunities available to all of us but we, for whatever reason, don’t spend the time and effort...
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