The Franchise System: An Introduction Franchising is an interesting alternative to the standard small business model where you set up and run a business entirely independently. Franchising is particularly popular in the US, where successful business ideas are replicable under relatively similar conditions across a huge continent and population. The franchise system allows a business to rent out a concept …
How Does Inflation Affect a New Business
Inflation measures the increase of prices over a period of time and right now it’s probably the most important financial concern for small businesses in the country. At around 9%, inflation rates have reached the highest they’ve been for 40 years. Businesses can usually expect reasonably rising prices, in fact, the Federal Reserve aims to keep inflation around 2% every …
Entrepreneur Names Screenmobile Best Home Repair Franchise
Screenmobile is proud to announce that it has been named Entrepreneur magazine’s #1 Home Repair Franchise — considered the world’s first, best and most comprehensive franchise ranking. Screenmobile has long been a member of the Franchise 500 list under the “Home Repairs” category, climbing up the magazine’s “Top Franchises for Less Than $100,000” list over the previous two years. The …
Franchise Owner Duties and Responsibilities
What Does a Franchise Owner Do? Starting with a franchise, some people might ask, ‘well, what does a franchise owner do?’ imagining that they’re just sitting back with their feet up while the business runs itself. The franchise owner’s job description, however, as anyone in the field knows, contains a lot of responsibilities, not just in terms of operating the …
Considerations When Investing in a Franchise
Are Franchises a Good Investment? For those with capital to invest, a franchise opportunity is an alternative investment asset that is hard to ignore for a number of reasons—investing in a franchise suits a wide spectrum of investing styles, those who want a steady passive income with minimal input as well as those who want to be more involved in …
Benefits of Working with Your Hands
The Best Way to Work Work takes up about anywhere from a fifth to a third of your life between the ages of 18 and 66. That’s a lot of time for your body to be in a specific position or doing certain things repetitively, and over time, poor choices can negatively impact both physical and mental health. It’s not …