Guide : Franchise Herald

Wednesday June 26, 2019

updated - June 26, 2019 Wednesday EDT

Guide

Starting a Business: Business Plan Overview

A business plan precisely defines your business, identifies your goals, and serves as your firm's resume. The basic components include a current and pro forma balance sheet, an income statement, and a cash flow analysis. A business plan helps you allocate resources properly, handle unforeseen complications, and make good business decisions. Because it provides specific and organized information about your company and how you will repay borrowed money, a good business plan is a crucial part of a...

think

What to Expect: A Chronology for Buying a Business

Buying a business is not like buying a piece of real estate or a piece of critical equipment. Finding a good business for sale can be a real challenge, as can thoroughly checking it out and closing the deal. The process can take months, and can virtually monopolize a buyer's time. Below is the framework that most business purchases follow.

Leaserorpurchase

Factors to Consider: Lease or Purchase of a Facility

Factors to Consider: Lease or Purchase of a Facility

Sources of finance

Sources of Small Business Financing

Small businesses can get money through "equity financing" or "debt financing." Equity financing means that you sell stock in your company to a buyer, who then has an ownership interest in your company. Debt financing means a loan -- you owe the person who holds the debt (usually a promissory note) the amount borrowed. Here are the most common sources of equity and debt financing for small businesses.

protectmoney

Do's and Don'ts: Starting a Business

So, you are ready to start your business venture. Great! Get off on the right track by following a few simple "DO's and DON'Ts."

A sign marks the entrance to a job fair in New York

Lawmakers, in rare show of unity, pass small business bill

In a rare display of election-year bipartisanship, the House of Representatives voted overwhelmingly on Thursday to make it easier for small businesses, the engine of the economy, to raise capital and eventually hire workers.

Q&A

Frequently Asked Questions About Franchising

The International Franchise Association (IFA) was established in 1960 to build and maintain a favorable economic and regulatory climate for franchising. It is the only association serving as the voice for franchising in the United States and is a major participant in the international franchise arena. IFA's mission is to enhance and to safeguard the business environment for franchising worldwide. Today, more than 75 industries operate within the franchising format, and IFA's membership and ...

franchising regulations

Franchising Regulation Overview

There is no doubt about it. Putting your money in a franchise is an active investment as contrasted with a securities investment which is passive. Franchisees often place their life savings, time, and energy into the franchise and, as a result, the loss of a franchise investment may be even more catastrophic than the loss of a securities investment.

money

Gaining finance for a franchise

For any new business there are several options for acquiring finance, however, the preferred option for larger levels of finance tends to be bank loans - this is no different for franchising. Before thinking about approaching a bank, you need to build a comprehensive business plan to allow the bank to judge the viability of the business.

Advantages and disadvantages of franchising your business

Franchising offers many advantages as a method of expanding your business, but you must also consider the disadvantages of this business model.

Unleashing the Power of Your People with Internal Franchise

Business leaders are looking for a new edge. Their companies may be just barely alive, having made cuts they never thought they would have to make. The workers have been beaten down and overworked. The energy, the buzz, and satisfaction are dead. Why not turn to Internal Franchise, advises management consultant and author Martin O’Neill.

Value investment and Market timing: Opportunities in times of crises

Luminary 'small-cap king' Dr Tan Chong Koay sees opportunities in crises.

Tim Harford

To succeed in life and business, adapt and fail productively

Over-simplification of the innately complex that perpetuates some of the most pressing social, economic and political problems that confronts us today, according Tim Harford, author of The Undercover Economist, Adapt.

Small Businesses

Small Business Loans: How They Work and What You Should Know

For small business startups, knowing how loans work and getting them are absolutely crucial.

Jobs bill could harm small businesses

Is Small Business Doomed?

The American Express OPEN Forum reported that there was an 11 percent increase in the number of small businesses closing and a 17 percent decline in the number of small businesses opening.

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TOP 10 FRANCHISES OF 2019

RANK

FRANCHISE NAME

STARUP COSTS
1

Hampton Hotels

$3.7M - 13.52M
2

Subway

$85.2K - 260.35K
3

Jiffy Lube Int'l. Inc.

$196.5K - 304K
4

7-Eleven Inc.

$30.8K - 1.64M
5

Supercuts

$103.55K - 196.5K
6

Anytime Fitness

$56.3K - 353.9K
7

Servpro

$133.05K - 181.45K
8

Denny's Inc.

$1.18M - 2.4M
9

McDonald's

$1M - 2.16M
10

Pizza Hut Inc.

$295K - 2.15M

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