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Operating Your Franchise During Unpredictable Times

Operating Your Franchise During Unpredictable Times

Franchisees like many other business owners have to navigate the uncertainty of COVID-19, and its effect on businesses. Business owners are dealing with challenges such as meeting payroll, loss of revenues going, managing employees, pivoting to other revenue streams...

To Launch Or Not To Launch During a Pandemic?

To Launch Or Not To Launch During a Pandemic?

To launch or not to launch? That is the question. Now many business owners can relate to how Shakespeare felt! We are now one month into the COVID-19 pandemic and there seems to be the feeling that this is the new normal. Many companies who were planning to launch new...

What It’s Like Running an Essential Business During COVID-19

What It’s Like Running an Essential Business During COVID-19

I have been an entrepreneur for three decades now. I bought my first auto repair business during the recession of 2008. Those times were challenging and we were able to survive through it. Although those were difficult times, the impact of COVID-19 has been global and...

Support for Entrepreneurs Affected by the Coronavirus COVID-19

Support for Entrepreneurs Affected by the Coronavirus COVID-19

Effective March 18, 2020, new relief measures for qualified businesses include: • Working capital loans of up to $2 million with flexible terms and payment postponements for up to 6 months for                    qualifying businesses; • Postponement of payments for up...

Your Small Business Is Not Uber

Your Small Business Is Not Uber

In light of the coronavirus outbreak, the impact on many small businesses has been devastating, especially when it comes to cash flow. I was watching the business news and I saw the CEO of Uber being interviewed about how he is dealing with the outbreak of Covid-19...

5 Ways to Immunize Your Business against Pandemics

5 Ways to Immunize Your Business against Pandemics

With the outbreak of the Coronavirus, there have been a lot of serious concerns about the impact the virus will have on the bottom line of many franchise or bricks and mortar retail businesses. In particular, the effect the outbreak will have on the supply chain....

Surviving the Retail Apocalypse

Surviving the Retail Apocalypse

In the last few months, I have seen the closure of a few well-known branded and smaller retail stores. Across the headlines, we are hearing about the retail apocalypse. If you have been in the malls you will notice that some familiar stores have closed out. On the...

3 Things to Consider When Buying a Franchise

3 Things to Consider When Buying a Franchise

Making the decision to get into business ownership is an important one. Choosing the right franchise that will work for you is equally important. Franchising is a reliable business model. However, not all franchises are created equally. When you are considering buying...

A Franchise is not an ATM

A Franchise is not an ATM

Buying a franchise is ideal for someone who wants to get into business. If you have the entrepreneurial spirit, purchasing a franchise is a great place to start. The business model of Franchising works because you have a proven system, a proven plan and often a proven...

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