Most Americans think that their largest asset is their home; however, franchise business owners should consider their business as their largest asset. Business ownership offers Americans the opportunity to earn income and secure their financial future during a time that has many questioning their financial fate. Learn more about how and why you should create your own financial security by building a business as an asset.
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As with any business venture, you want to research and learn as much as possible before taking the first steps towards entrepreneurship. Franchising is no different. When opening a franchise, you can either open a new franchise location or you can purchase an existing franchise location.
When opening a pre-established business, there are a different set of considerations that you need to keep in mind than if you are starting from ground zero. Here are some tips to guide you when it comes to a franchise resale.
Want to know what a typical day looks like for our franchise owners? We've outlined a schedule of a normal day to give you an idea of what to expect as a Caring owner. Check out a day in the life of our Caring Senior Service of Wasatch owner, Brandy Andersen.
Maybe you're considering opening a home care business because you truly care about helping seniors. Or maybe you're considering it because you want to secure your financial future. It's no secret that the health care industry is booming as the senior population grows every day. In fact, one estimate shows that the percentage of the population aged 65 years and older will make up 17% of Americans by 2020.
Whatever your reasons for opening a home care franchise, you should be aware of some of the common challenges that home care business owners face. Here's a look at some of the top challenges you'll face throughout the life of your business.
When you think of a franchise, you might think of large food companies, like McDonald's or Chick-Fil-A. While well known, these franchises require an investment well over $100,00, which is not feasible for many prospective business owners. However, there are successful franchises available in other industries that are much more affordable.
