Category: Bruce’s Business Insights

Established Brand Recognition You benefit from the credibility, reputation, and customer loyalty of an already-known brand, which can reduce the time it takes to turn a profit. Proven Business Model The franchise already has tested systems and procedures, making your operations more efficient and lowering the risk of failure. Training and Support Franchisors often provide Read more

Myth 1: I’ll only be successful if I find the right business. Many of us define “right” as what we’re already good at. But don’t limit yourself. Define your transferable skills from the corporate world: delegation, management, marketing, etc. If you had them in one type of business, you can easily use them in another. Read more