Remove Finance Remove Franchising Remove Marketing Remove Skills
article thumbnail

Navigating the Challenges of Food Franchise Ownership

Strategy Driven

Initiating the venture into food franchise ownership commences with a pivotal decision – the selection of the right franchise. In a market saturated with numerous options, each boasting distinctive strengths, aspiring entrepreneurs are faced with a critical choice. Success lies in navigating this delicate equilibrium.

article thumbnail

Choosing The Perfect Business Partner

Women on Business

Furthermore, I knew that if I wanted to have a successful business in the long run, I needed someone else on my team: someone who had skills and passions that complemented mine. I had a background in marketing and brand management, and working with concepts and ideas was my passion.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Start a Used Car Business

Strategy Driven

For some people, starting an independent used car business is the perfect combination of a love of cars and great business skills. Or, at the very least, a desire to develop great business skills. Franchises often require a larger investment upfront to purchase the franchise rights and will be a bigger operation in general.

article thumbnail

Where Are the Ray Krocs of the Social Sector?

Harvard Business Review

If you were offered the opportunity to finance a high risk , low return investment, how eager would you be to write a check? It's time to bring a proven business model to the social enterprise space: the franchise. Franchising has a special place in our economic system. It's not sexy, but it's effective.

article thumbnail

21 Home-Based Business Ideas & Tips for Starting a Business from Home

Miles Anthony Smith

Term loans , SBA loans , lines of credit and invoice financing are just a few of the options available to small business owners. Being a consultant for an established company is a great way for individuals to build career skills while maintaining control over their success. As a startup, your finances will likely be very thin as is.

Tips 95
article thumbnail

How to Start Up Your Own Healthcare Business

Strategy Driven

From here, then you will need to contemplate whether or not you would prefer to start a business from scratch or own a franchise. This is particularly important if you are planning on running a franchise, as your responsibilities will be mainly management and administration-based instead of dealing with the public.

article thumbnail

What Social Entrepreneurs Can Teach Your Company's Future Leaders

Harvard Business Review

This striking gap signals an opportunity for companies: Secure a competitive advantage by building your employees' ability to succeed in the increasingly complicated labyrinths of today's — and tomorrow's — markets. However, the core skills they need are different. Take Allianz, a German financial services company.