07-23-2021 / by Sarah Petersen
Benefits of Buying a Home-based Business for Sale
Any business that does not require an office, retail, or industrial space can be adapted to work from home. With technological advancements ensuring that the majority of the US population has steady access to the internet, anyone with an internet-connected device has the potential to become a franchisee. Let's take a look at the top benefits of buying a home-based business for sale.
07-22-2021 / by Himadri Karani Mehta
Is a Pharmacy Franchise Profitable?
Since the world will continue to need medicine and especially rely on over-the-counter medication, opening a pharmacy can be seen as a stable and secure investment. Independent pharmacies can involve a bit of a challenge because they require thorough knowledge about the healthcare industry and medicine market. Pharmacy owners also need a good network to profitably procure and sell their products. When a person decides to buy a franchise, this changes. They get help from the brand in terms of compliance, training, and procurement of products. Franchise owners benefit from the experience and expertise offered by the brand and can concentrate their resources on business development instead of having to worry about different administrative aspects. Here is a list of the most profitable pharmacy franchises to help you make a better choice.
07-21-2021 / by Sam Walker
How to Create a Cash Flow Statement [With Free Template]
Our last post on cash flow covered how to read a cash flow statement and why it’s important. This post will cover how to construct the statement of cash flows using the indirect method, which is used for accrual accounting. Even with an accountant on staff, this is something every small business owner should know how to do. Download our free cash flow statement template to understand in-depth how the numbers of the statement come together.
07-19-2021 / by Norm Tedford
The 5 Best Cell Phone Repair Franchises
Once upon a time, mobile gadgets were seen as disposable. As their complexity increased, so did their cost. Nowadays, these devices aren’t looked on as expendable anymore, meaning users are more likely to get them repaired. Smartphones tend to have more fragile screens than less technologically sophisticated cell phones. In the US, a smartphone breaks at the rate of every two seconds. This means we won't see the death of the cell phone repair industry anytime soon. Sometimes, individuals whose phones get damaged consider plunking their money down for a brand-new one. When they start thinking about the colossal amount of data stored in that phone that just fell in the pool, they suddenly have the overwhelming urge to see if it can be fixed. When you have that much valuable information stored in your smartphone, getting it repaired becomes a better option than replacing it.
07-15-2021 / by Olujinmi Oluwatoni
Top Beauty Franchises That Are Making a Statement
The global beauty market has risen from $483 billion in 2020 to $511 billion in 2021, and it is projected to exceed $716 billion by 2025 at a growth rate of 4.75% annually. With the expansion of cosmetics marketing through digital platforms and the attraction of more consumers willing to pay more for higher quality, buying into one of the best beauty franchises can be a very lucrative venture for a savvy investor. This article delves into the present state of the beauty industry before giving you the lowdown on five of the best beauty franchise opportunities that are worth buying into.