What does it mean when I tell people that a business is recession resistant? Let’s look at this phrase more closely. To me the definition of a recession resistant business is a business that continues to thrive, grow, and make money in any economic condition. In my Economics class I studied NEEDS AND WANTS. Needs [...]
Some people have the hardest time when it comes down to analyzing an online business opportunity. It doesn’t matter whether it’s an online business opportunity or a business offline. They have a tendency to struggle with understanding the difference between solid due diligence and being paranoid. Paranoia is nothing more then having excessive or irrational suspicions and distrust-in [...]
This video answers the question, “What Guidelines should I follow when applying for a loan to start a franchise business?” It is part of a 20 video series from FranUnite (www.franunite.com) entitled “20 Things You Need to Know before You Buy a Business Franchise.” and is available on www.franchiseopportunityservice.com.
A franchise is a business practice of using another firm’s successful business model that is a perfect alternative to building what is known as “chain stores”, stores that distribute goods, avoiding investment and liability over a chain. In a franchise relationship, a franchisor’s success is also based on the success of its franchisees with the [...]
This video answers the question, “Why Should I Buy a Franchise rather than starting my own business?” It is part of a 20 video series from FranUnite (www.franunite.com) entitled “20 Things You Need to Know before You Buy a Business Franchise.” and is available on www.franchiseopportunityservice.com.