A Salute to Thank Our Veterans!

For veterans transitioning out of the U.S. military or looking for more income, franchise businesses are a popular choice.

Overcoming unforeseen career challenges

Recognize that when one door closes, another opens. If a layoff happens because of economic impacts on business, you cannot take it personally. You are enough! Sure, you were comfortable and confident at your previous job, but were you living your dream?

Your guide to making smarter financial decisions

This means you don’t have to worry about the overhead costs of maintaining a physical inventory or the hassle of fulfilling orders yourself. You can focus on marketing and customer service while the supplier handles the rest.

How this franchisee hit a million dollars in his first year

First, treat your employees and customers right. If you start with that, it’s hard to not be successful. Admitting you don’t know everything and need help is another big takeaway. You can’t do it all by yourself. 

Create a job you love

Even if you can’t redefine your role at your current job, taking the time to define a new role for yourself that combines your strengths and preferences helps define what other opportunities you might want to pursue. In business, when people switch jobs, a lateral move often refers to taking a similar job elsewhere with a similar role and pay.

Funding your new franchise

Many successful franchises are fully funded by ROBS transactions, and many more are funded using retirement funds as equity injections for larger SBA loans. Using such tools can be both a responsible and lucrative investment, as well as a great way to grow your retirement funds.