by Larry Reed | Dec 9, 2014 | Franchising, News
Today, many people with business development skills and experience are looking for affordable business ownership opportunities. In addition to traditional franchise business models, a number of low-cost business opportunities (also known as “biz opps”) exist for them to consider. The investment range for biz opps is relatively modest, usually ranging from $20,000 to $75,000, and they are well-suited to people with a history working in a business development role.
Biz opps’ low initial investment provides an opportunity for a quick return on investment (ROI). The low monthly operating costs provide the potential for attractive profit margins, as well as great flexibility with work hours. The owner can work as few or as many hours as desired – without any pressure from the boss. (more…)
by Larry Reed | Aug 13, 2014 | Franchising, News
Okay, love is a bit strong of a word, but I do believe the franchise business model has many characteristics to appreciate. Here are my top five reasons prospective entrepreneurs should consider the franchise business model.
Choose from a wide range of franchise options
Franchising offers opportunities in a wide range of industries. Franchises range from child education to business coaching and consultancy to direct marketing to staffing and recruitment to automotive to quick serve food to senior care to financial services to home repairs to storage systems to hairstyling to fitness centers to – well, you get the idea. There are plenty of franchising concepts to consider. (more…)
by Larry Reed | Jul 24, 2014 | Franchising, News
I wrote this post because I thought you would like to know about my evolution as a business professional and entrepreneur. The rest of this message explains my current business, describes the services that I believe can help people become business owners themselves and a says bit about how I came to be a full-blown entrepreneur. I hope you find it interesting, or at least indulge me in this post, and perhaps respond with your own reaction to my entrepreneurial endeavor.
Franchise Strategy Partners
The name of my business is Franchise Strategy Partners (FSP). FSP exists to help people learn more about franchising as a way to be an entrepreneur, provide oneself a living, invest in a winning business model or otherwise participate in franchising for a number of other sensible reasons.
I personally walk my clients through a process that allows them to learn about the franchise business model, review the many franchised businesses available, assess their own skills, experience and aptitude for operating a business, build a financial model and ultimately select a franchise. I also help existing franchise owners find ways to improve their business operations, as well as buy or sell franchise units.
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