Franchise Blog

Jul 07
How do you Calculate Return on Investment when Investing in a Franchise Business?

  Return on Investment (ROI) is a financial metric used to assess the profitability and efficiency of an investment. When evaluating a franchise purchase, understanding the potential ROI is crucial to making an informed decision. Here’s how ROI works in the context of franchise evaluation:   1. Initial Investment The initial investment in a franchise […]

Jun 30
How does a 401k Rollover Work?

A 401(k) rollover refers to the process of moving funds from a former employer’s 401(k) plan into another qualified retirement account, such as an Individual Retirement Account (IRA) or a new employer’s 401(k) plan. Here’s how a 401(k) rollover generally works:   1. Evaluate Eligibility Determine if you are eligible to perform a 401(k) rollover. […]

Jun 23
How does the Employer Retention Credit Work?

The Employer Retention Credit (ERC) is a tax credit provided by the U.S. government to encourage businesses to retain their employees during challenging economic times, such as the COVID-19 pandemic. The ERC was initially introduced as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020 and has since been expanded […]

Jun 22
The Value of Data for a Business

  In today’s digital age, data has become an invaluable asset for businesses across industries. It has the power to drive decision-making, enhance operational efficiency, and unlock new opportunities. The ability to collect, analyze, and leverage data effectively can provide a competitive edge and fuel business growth. In this overview, we will explore the value […]

Jun 09
What’s the Difference Between an LLC and a Corporation?

  LLC (Limited Liability Company) and Corporation are two distinct business entities that offer different benefits and structures for business owners. Understanding the differences between them is crucial when deciding on the appropriate legal structure for your business. Let’s explore the key distinctions between LLCs and Corporations. 1.  Legal Structure and Formation   · LLC: […]

Jun 08
How does a unsecured line of credit work?

A line of credit is a type of financing that allows individuals or businesses to access a predetermined amount of money, similar to a credit card. However, unlike a traditional loan where you receive a lump sum upfront, a line of credit provides you with a pool of funds that you can draw from as […]

May 23
Understanding the Calculation of Credit Scores To Obtain a Small Business Loan

Credit scores play a crucial role in financial transactions, influencing the ability to secure loans, obtain favorable interest rates, and even impact employment prospects. However, many individuals are unaware of how credit scores are calculated and what factors contribute to their overall score. In this article, we will delve into the intricacies of credit score […]

May 03
Franchise Your Business with Franchise Marketing Systems (FMS Franchise)

Franchising your business can be an exciting and incredibly effective way to scale your business model and increase your revenue. However, it can be a unique and complicated process if someone hasn’t franchised a business before that requires careful planning and execution. That’s where Franchise Marketing Systems (FMS Franchise) comes in. Franchise Marketing Systems is […]

Apr 10
How to Establish Great Vendor Relationships when you Franchise Your Business

When you franchise your business, you need to establish solid vendor relationships to ensure the success of your franchisees. Here are some tips to help you establish strong vendor relationships: 1. Conduct thorough research on vendors Before entering into a vendor relationship, do your research to ensure that you are partnering with a reputable vendor who […]

Mar 28
Why it’s Important to Register your Franchise on the SBA Franchise Directory

The SBA Franchise Directory is a list of franchises that are eligible for Small Business Administration (SBA) loan programs. The SBA is a government agency that provides support to small businesses in the United States. One of the ways they provide support is by guaranteeing loans made by banks and other lenders to small businesses. […]

Mar 28
Franchise Your Business: Establishing Strong Franchise Financing Options

When you franchise your business, you’re essentially creating a network of independent business owners who use your brand name, products, and services to run their own businesses. While franchising can be a great way to expand your business quickly, it requires a significant investment of time and resources to set up and manage.  Franchise Marketing […]

Mar 07
What is the Difference Between a SBA Loan and a Traditional Business Loan?

If you’re a small business owner looking for financing, you might be wondering about the differences between an SBA loan and a traditional business loan. Both options offer businesses access to capital, but there are some significant differences between the two. In this blog post, we’ll explore those differences to help you determine which option […]

Feb 23
How to Finance your Franchise Investment

Investing in a franchise can be a great opportunity to start a business with a proven business model, established brand, and ongoing support from the franchisor. However, financing a franchise investment can be challenging, especially for first-time business owners. In this blog, we will explore some of the common methods for financing a franchise investment. […]