What to Include in a Franchise Business Plan

What should I include in a business plan of a franchise? Many items in a traditional business plan will be provided by your franchise such as competition information, marketing, and what you will need to open and operate. What I would focus on is whether buying a...

How to Make a Business Partnership Work

What question do you have about how to get along with your co-founder? HOW TO MAKE A BUSINESS PARTNERSHIP WORK You and your co-founder are married in business so it’s a long term commitment. Remember why you partnered in the first place. Reignite the passion you...

Will an MBA Help You Build a Small Business?

Will an MBA from a top school help me if I want to be a small business owner/franchisee? Obviously, if you have an MBA it shows you have the discipline to not only attend school but to stick with it but other than that I do not believe it will dictate whether you...

The Most Important Part of Your Marketing Plan

What is the most difficult part in making a marketing plan? The most important part of your marketing plan is HOW ARE YOU GOING TO ATTRACT CUSTOMERS? It does not matter what you are selling if you cannot attract target customers to your offering. What will be your...

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