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Understanding Franchisee Fees

Understanding Franchisee Fees

If you’re planning to open a business, you understand that there are costs involved. One major difference between launching a new, independent business and buying a franchise is the inclusion of franchise fees. On paper, franchises may seem more expensive than...
Lease Equipment vs. Buying

Lease Equipment vs. Buying

Most businesses need equipment to operate on a daily basis. Specialized equipment is often expensive and, worse, only usable for a certain amount of time before replacements and upgrades are necessary. While many business owners plan for—and stress over—large...
4 Ways to Minimize Risk in Your Startup

4 Ways to Minimize Risk in Your Startup

Launching a new business comes with a certain amount of risk. You’re investing a lot of time, effort and money into this venture, and there’s no guarantee it will pay off. Fortunately, there are a number of ways business owners can reduce their risk and insulate...
4 Ways to Minimize Risk in Your Startup

Tips for Paying Your Own Salary With ROBS

One aspect of Rollovers as Business Startups (ROBS) that often surprises entrepreneurs is that they can pay themselves a salary through their business. However, to take a salary as a ROBS-funded small business or franchise owner, you need to handle it with caution....