The Franchise Blog 4 Vets

Military Veterans: Do These Things Before You Even Think of Buying a Franchise

 

If you're being pulled in the, "Be your own boss" direction, it's important that;

 

A. You actually want to be the boss.

 

B. You have come up with a checklist to make sure that you won't miss anything in your search for a business that you can someday call your own.

 

If a franchise business is in your sights, there are several specific things that you must do before embarking on a search for what you feel could be a perfect franchise....

Getting Franchise Business Loans

 

It's certainly been a challenge this year.

 

(Getting a franchise business financed.)

 

According to Pepperdine University's Graziadio School of Business and Management, (in their State of Small Business report) 35% of the report's respondents who tried to raise capital in the past 12 months applied for bank-type loans; with only half succeeding in getting their financing approved.

That's weak.

Franchise Business Relationships

Relationships. They're tricky, sometimes.

The franchisor-franchisee relationship is an interesting one, for sure. The franchise business model is based on the franchisee following the franchisor's blueprint. if the relationship "works out," both parties win.

And, believe or not, the franchisor and the franchisee need to remain very selfish for great things to happen.

Read my guest post about the "Positively Selfish" relationship that needs to exist in franchising, over at the Spring-Green franchise blog...

 

A Franchise Business Advisory Service For Military Veterans

 

 

In case you missed it, I posted some important information for you on my main blog, The Franchise King Blog. It has to do with a new way for you to select and research franchise business opportunities.

From The Franchise King Blog;

"The last two years have been pretty tough in franchising. Now, some franchise concepts are doing really, really well. In general though, it’s been tough. I felt that it was time for a change in my business model. So I changed it."

Go to this franchise blog post to find out how you may find this new way of exploring franchises, very appealing...

Is The US Military Leadership Creating New Franchise Business Leaders?

 

 

 Leadership. It can be a funny term. It can mean so many things, but then again, it really means one thing;

(From the Free Merriam-Webster Dictionary)

 

In a franchise business, the franchisee is the leader, on the local level. He or she must have the capacity to lead.

The marrying of Military leadership and Franchise leadership was recently discussed over at the relatively new Spring-Green Franchise blog;

"It's been said that military veterans are usually the right type of folks to own franchise businesses." Continue reading this Military leadership post. It's pretty good. And, it's true.

Does Your Veteran-Owned Business Need Bookkeeping Help?

 

 

Keeping up with financial records for your small business, can be rather cumbersome, especially if you're a young, thriving small business.

Here's some good news;

BookKeeping Express is coming to the financial-recording rescue of one lucky company. From Boston to Tacoma and everywhere in between, small businesses entering the "Great 2010 Accounting Makeover" contest stand to win a comprehensive BookKeeping Express 12-month service package.

Different businesses have different issues when it comes to proper recordkeeping.

Sometimes, recordkeeping isn't exactly top of mind when it comes to running a business.

It needs to be, because if there'e ever an "issue" a detailed paper trail can really help.

Go to Franchising.com for contest details!

It's Easy To Buy a Franchise

It really is.

That is, if you know what to do. I highly recommend starting at the beginning. (Brilliant, huh?)

I'm suggesting this because lots of franchise owners (who may be struggling right now) didn't start at the beginning. They just went out and bought the latest, and greatest "hot" thing.

The "hot" thing they now own may still be hot, but it may not be in line with what their vision was of the life of a franchise owner.

Actually, there are only two things that you must do, if you'd like to make it easy to buy a franchise.

Here they are.

Military Veterans; Franchise Statistics Are Just Black Ink On Paper

A lot of you may be wondering what the heck you should do after your military service is over. You could get a traditional job, of course. Some of you may become consultants for security firms, and the like.

Some of you may even be thinking that a business of your own would be nice. Franchise ownership ideas will probably cross your radar screen.

If you are looking to get into a business of your own, wouldn’t it behoove you to take a look at a business model that has a 95% success rate? The answer is no! That is because there was never any such statistic like that published by a reputable source.

Here's the real statistic over at OPEN Forum By American Express.

Here's some franchise ideas!

Advice For Would-Be Franchise Owners, Existing Franchise Owners, Franchise Executives, And Franchise Suppliers

Sometimes, you have to step outside of our own inner circle of like-minded professionals, and listen and read what others have to say about what you're trying to accomplish.

Here's a collection of short franchise business advice articles for you, whether you're interested in learning more about franchise ownership, are a current franchise owner, an executive of a franchise organization, or supply products and services to the franchise industry.

Franchise Business Advice Articles