When thinking about whether a franchise is right for you, it’s essential to dig deep into your own psyche.  Make sure you are investing in a business for all the right reasons. You have to desire it! More than that, a franchise has to be a good fit. Consider the pros and cons of franchising…

Bubble tea, sometimes referred to as boba, is a drink that usually includes tea, milk, and tapioca balls. There is a huge variety of flavors and styles. And the drink is known for being especially shareable in social media photos. So these shops are mainly popular with Gen Z and Millennials (Here’s what Millennials want),…

All vehicles need quality tires. But these important parts eventually wear down and need to be repaired or replaced. So tire repair and replacement services are always in demand. In fact, the U.S. tire industry is worth about $35 billion. And U.S. drivers shell out about $3 billion each year due to tire damage from…

Branding experts and marketers stress the important of having a unique business name. A business name is the foundation for advertising to get new customers. What Should I Name My Business? Choose a business name that will connect with your brand and of course make sure the name is available. Short and simple is best…

The Covid-19 pandemic has claimed many small businesses and closed them down for good. It has also created opportunities for bold entrepreneurs to strike out and capitalize on unknown territories. Accommodation and food services are among the favorite business types to start right now. As is a retail trade and arts, entertainment, and recreation. With…

When buying a franchise, the key number you will need to know for franchise financing purposes is the initial investment. The initial investment is your “all in” costs and includes the franchise fee and various startup costs such as grand opening, initial inventory, signage, leasehold improvements, supplies, equipment and more. The initial investment for most…

  In the small business world, I often look into my crystal ball and predict what will happen next year. But with the black swan event known as COVID-19, it has become almost impossible to predict what will happen next. On the Small Business Radio Show this week, I interviewed Professor Mauro Guillen who is…