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Franchise options fewer for entrepreneurs

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When Rob Taylor borrowed $5,000 to buy a Chick-fil-A franchise 21 years ago, he did it because he wanted to be his own boss. Franchising holds the same allure today and continues to draw entrepreneurs. Interest in franchise ownership historically rises during economic downturns and this one is no different. But buying one isn’t as… Continue Reading Franchise options fewer for entrepreneurs

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So, you want to start a business and you’ve determined that purchasing a franchise is right for you. You’ve also found a concept that fits your lifestyle and you’ve talked with your lawyer and accountant about a development plan. Guess what? You’re not done yet. You’ve thought about everything to make things go right, but… Continue Reading Franchise not a guarantee of entrepreneurial success

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Would-be entrepreneurs eyeing franchises

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When people find themselves without a job (read, laid off because of the economy), it opens new chapters in their lives. But the declines on Wall Street and Main Street have led to increases in entrepreneurship. Nationally, new business activity increased in all regions (except the Midwest) during 2008, according to the Kauffman Index of… Continue Reading Would-be entrepreneurs eyeing franchises

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