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In some ways a franchise is an investment like any other, and while you might find a great deal of success running your franchise, it is a building block. Perhaps it is a cornerstone; perhaps it is a part of your wider portfolio of businesses. You must look to your...
Franchises are a shortcut to becoming a small business owner, in that it provides structure, a business plan and a marketing system. While you will be a part of a more extensive system, you will also be a business owner, and that means opening will require a great...
There are two aspects to choosing a franchise to invest in that matter: potential for success and corporate culture. Both factors matter to prospective franchisees, but for vastly different reasons. Working in a franchise, crafting a franchise, you have the potential...
A successful business is hard to develop from the ground up, but there may be a shortcut if you have the investment capital and a desire for an established brand. By investing in a successful franchise, you may build a profitable business using a tested template. What...
Many have mixed feelings on the concept of “urban sprawl.” Many critics highlight concerns of social and environmental issues closely tied to the origins of expanding suburban developments surrounding cities. However, in the reality of 2021, urban sprawl appears to be...
A recent article for the Dallas Morning News went to great lengths to explain the current trend of tech companies moving to Texas from California. Many attribute this trend to several reasons, such as: Favorable taxation policies for people and businesses Texas is...
Opening a new business is the culmination of a great deal of planning, much of it around securing financing and investors. There is a strong chance that your potential investors will require proper risk management before taking the leap. That means finding the ideal...
It is natural to put the prospect of tax liability out of mind once tax season ends. However, every transaction and investment will have tax implications no matter what time of year it is made. That is why tax planning is such an essential task for businesses and...
No company wants to face a tax audit. It is a highly time-consuming and costly process that can potentially hurt a business. There is no sure way to make your company completely audit-proof as the IRS often selects audit targets at random. However, you can take steps...
The conventional wisdom is that the “age of the mall” is slowly but surely coming to an end. Truthfully, malls are a particular quirk of the American retail landscape. They initially catered to consumers in an era when people moved out of cities and into more suburban...