How to Write a Winning Business Plan
How to Write a Winning Business Plan: A Comprehensive Guide Creating a business plan is one of the most crucial steps in launching or growing a business. It can also feel overwhelming—where do you begin, and what should it include? [...]
What is an FDD and Why is it Important?
Everything You Need to Know About the Franchise Disclosure Document So, you’re diving into the world of franchising, and the Franchise Disclosure Document (FDD) has made its way to your desk. If just the thought of sifting through this lengthy, [...]
The #1 Reason You Are Scared to Open Your Own Business
Running a business is no easy feat. Every venture is different—new customers, unique go-to-market strategies, different business partners—but one thing has always stayed the same: Uncertainty. It’s the number one reason people hesitate to start their own business. They fear [...]
Tax Deductions for Small Businesses
Meet Barbara Weltman: A Trusted Expert in Small Business Taxation Barbara Weltman is a renowned tax columnist for Small Business Trends, known for her expertise in tax law and finance for small businesses. As an accomplished author and attorney, she [...]
Simplifying Small Business Tax Deductions
Running a business costs money, but did you know that many of your business expenses can help reduce your taxes? Expenses like office rent, salaries, and even water bills can be deducted from your gross income, saving you money. The [...]
What You Should Do if Your Franchise is Struggling
Running a franchise can be very rewarding, but what should you do if things start to go south? Nancy Lanard of Lanard & Associates answer this tough question below. It is not uncommon for me to get calls from clients [...]
Who Should Consider Franchising?
Franchising, as a pathway to entrepreneurship, may not resonate with everyone, particularly those who have aspirations of creating a business from the ground up, deeply rooted in personal passions or hobbies. However, there are a few people that should consider [...]
Why You Should Make the Move to a Multi-Unit Franchise
True wealth in franchising comes from the bigger picture: running multiple units. Once you have that first unit open there is not much difference in running 3 - from that point there isn't much difference to running 6+...it becomes your [...]
The Top 7 Reasons to Consider Buying a Franchise Over Starting Your Own Business
Starting a business is an exciting venture, but it can also be overwhelming. Before diving into the world of entrepreneurship, it's essential to weigh your options and consider the best path to success. One popular alternative to launching a brand-new [...]
5 Reasons to Consider Franchising
There are many reasons why someone begins to consider business ownership. But then the question looms of starting something of your own or invest into franchising. Understanding these reasons are important to discuss so that we can effectively match you [...]
Investigating Franchise Ownership
Are you considering venturing into entrepreneurship but unsure where to start? Buying a franchise might be the answer. Franchises offer a ready-made business model backed by an established brand, providing a smoother entry to the world of business ownership. However, [...]
Do You Have What It Takes to be a Business Owner?
The idea of owning a business is often romanticized as a path to financial independence, creative freedom, and personal fulfillment. While these benefits can certainly be part of the entrepreneurial journey, the reality of being a business owner is far [...]
