Choosing a site is the next step in purchasing a franchise. Identifying a place for a retail franchise requires finding the appropriate fit that fulfills your customers’ expectations, your requirements, and the demands of your franchisor. Once you’ve determined your niche, the next step is to narrow the field of potential locations down to a …

If you know someone who has inherited a family business, you may envy how they have a solid foundation and ready-made clientele. These aspects can seem very attractive and more stable than starting a company from the ground up. However, is an established business as exciting and exciting as it seems? If you have been …