8 results for author: Pete Gilfillan

Are You an Entrepreneur at Heart?

Aspiring entrepreneurs often spend years wondering if they have what it takes to make it on their own. While there are a number of concrete factors that figure into whether an individual can succeed as an entrepreneur – things like opportunity, demand, and ...
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The Franchise Agreement: 7 Points to Be Crystal Clear On

One of the most important documents you will sign as a new franchisee is the franchise agreement. That document defines the relationship between you—the franchisee—and the franchisor. Before you sign on the dotted line, note these seven points to be ...
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How Much Money Do You Need for Franchise Start Up Costs?

Most franchise companies require a minimum level of liquid capital. They know that businesses often fail because they are undercapitalized, and they want to be sure franchisees are set up for success. To do so, you should be aware of your desired franchise ...
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Funding a Franchise Business: How to Leverage Available Capital

There it is. After numerous searches of available franchises, you finally found one to sink your corporate teeth into. It has everything that you always wanted; there is a great franchise system and brand recognition set up, the franchise is in an industry ...
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Should You Use a Franchise Consultant? 3 Important Questions to Ask

A good franchise consultant is like a matchmaker, getting the right people together with the right concepts. It’s someone who works with franchisors and franchisees day in and day out who has a unique perspective on the kinds of investments and partnerships ...
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Is Starting a Franchise Right for You? Know Your Skills and Strengths

The skills and strengths you bring to a business can help determine if starting a franchise is right for you. We all have talents and abilities that stand out—and there are a core set of strengths that especially lend themselves to franchising. Having a ...
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Is it Time to Start Your Own Business Through Franchising?

Every year, I help hundreds of prospective business owners look at their options and consider the viability of investing in a franchise. Some invest... some don’t – some put the idea on the back burner for another day. My role as a franchise consultant is ...
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What is Franchising?

Most of us can name some well-known franchises off the top of our heads—McDonald's, Subway, Dunkin' Donuts—but do you really understand what is franchising? What is franchising? Franchising is a business model. While we tend to think of fast food ...
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