Andy Gillen is one of our amazing multi-location owners. Currently, Andy owns and operates 6 Caring Senior Service franchise locations: San Antonio, Corpus Christi, McAllen, Amarillo, Austin, and Nashville. As the owner of multiple home care companies, Andy knows how important it is to delegate responsibilities and trust your team. Learn more about Andy’s journey to become a franchise owner and get some tips on managing locations across state lines.
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The future of retirement for many American’s doesn’t look so good. In fact, almost half of American families don’t have retirement savings. With depleting savings accounts, rising cost of living, and the financial strain on Social Security, many adults are uncertain about their financial future.
When searching for a franchise business, it’s important to consider how much leeway you will have as a franchisee. Many franchise owners choose their profession because of the freedom and independence that comes with being a business owner. However, too many franchisees are disappointed when they aren’t able to run their business the way they want to. Instead of being their own boss, they find themselves working for the franchisor. That’s why we recommend evaluating franchise opportunities to ensure that you are investing in an agency instead of buying a job.
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.
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.
