To Entertain & Educate
When you are thinking about investing in a franchise, one of the first thing you need to consider is how much you can really afford to invest. The amount you should invest can best be answered by understanding your own finances and how franchising works. You pay a fee to enter into a contract with … Read more
Being a good franchisee takes about the same qualities as being a good business owner of any type. The difference between a completely independent owner and a franchisee is very small and only comes into play when dealing with the franchisor’s rules and ability to drive the direction of your business based on their vision … Read more
There are so many different industries that have a franchise. In fact, there is likely no business model that you can’t find that isn’t already franchised. Once you understand that, your job is to narrow down your choices to fit your passions, your skills, and your community’s needs. In addition, you’ll need to reconcile all … Read more
Understanding how franchising works might take some time. Plus, each franchise has their own way. But essentially, if you enter a franchise agreement you pay for using their business name and processes, and agree to use those things correctly in exchange for owning a business. What Is Franchising? To franchise something, the company allows buyers … Read more
When you are thinking about buying a franchise, there are a lot of factors to consider before making a final choice. You need to know that you’re doing the right thing because it can be very expensive and you probably won’t be profitable on day one. So, you’ll need to be able to keep going … Read more
If you’re thinking of investing in a franchise, it’s important to be sure to keep your money safe. It’s a major investment and you don’t want to do anything to lose your money. Franchising laws are very complex and you’ll need a lawyer to help you understand the details as well. Here are some frequently … Read more
Short answer to this question is a huge, NO. They are so not the same thing. On mywifequitherjob.com, the writer explains, “In other words, they want to be able to make money with as little active effort as possible. They don’t want to have to carry inventory or do product fulfillment which is why I … Read more
According to ecomerece.shopify.com, international or local drop shipping is not hard. It takes a lot of work, but no more work than any business would. “As with any other business, building a successful dropshipping business takes significant commitment and a long-term perspective. If you’re hoping for a six-figure income from six weeks of part-time work, … Read more
Before we begin, let us discuss what the heck “drop shipping” is. I have been researching it for a while and the definitions mostly sound confusing. So, here is a good explanation, “A dropshipping company buys inventory directly from a manufacturer and stores it in their warehouse. As a client of the dropshipping company, they … Read more
According to ecommercefuel.com, “Drop shipping is a fulfillment model that allows you to buy products individually from a wholesaler and ship them directly to your customer. Instead of purchasing a large amount of inventory, you simply partner with a drop shipping supplier and list their merchandise for sale. Then, once you receive an order you … Read more