David Busker is the founder of FranchiseVision, a national franchise consultant and the author of the book Franchise Vision: Transform Your Future Through Franchise Ownership. Busker has helped hundreds of candidates through the franchise discovery process.
Instead of trying to find the magic unicorn franchise to match an individual, flip the script. Check out the 3 tiers that largely determine successful franchise businesses.
A successful franchise partnership requires a mutually beneficial match between the franchisee and the franchisor. Make sure you're prepared to put your best foot forward.
If you're interested in franchise ownership, it's important that you're making decisions about your entrepreneurial pursuits with clear information rather than myths or misconceptions. Check out these five common franchising myths.
Check out this list of 4 things that don't require a lot of time or money, but can get you in the right frame of mind to figure out if entrepreneurship is the right fit for you.
Navigating the franchise world starts with understanding key business models. Here's how project-based and subscription franchises differ in investment, scalability, and recession resistance.
It's impossible to anticipate every possible red flag; however, when you're asking the right questions and know some of the telltale signs to watch out for, you're ahead of the curve.
Let's take a look at the E-2 and EB-5 visa options to get a birds-eye understanding of what they mean, the initial baseline requirements for each and why they are viable options for aspiring franchise owners.
As a franchise consultant, I am often asked whether franchising can be done on the side while continuing to work in a full-time corporate position. The answer? Ultimately, it depends on your circumstances. Here's what I mean.
As a father of triplets, I understand firsthand the desire to prepare my kids for an ever-changing professional landscape. But where do you start? If you're looking for a few actionable ways to get your kids involved in business, consider trying some of these tips.
There are thousands of brands and concepts, but franchises generally fall under two business models: "brick-and-mortar" and "service-based." Which is the best choice for you?
In the franchising world, one of the most significant business model decisions you'll make is whether to buy a location-based brick-and-mortar brand or a service-based brand. Based on this decision, the rules around franchise territories change. Here's what you need to know.
Among the many challenges related to managing a small business, hiring a quality team of employees is one of the most important. Check out this list of tips and best practices to find the best people for your business.
Let's explore how owning a franchise business stacks up against four alternative income streams: a corporate job, real estate investments, non-franchise business ownership and passive investments.
There is no one-size-fits-all process for setting up an exit strategy, but after spending years in the franchise world, I would consider these four options when exiting your franchise business.
In recent years, franchise ownership has skyrocketed in correlation with the explosion of tech improvements across a wide spectrum of industries and business functions.
A daily "win" that separates the most accomplished entrepreneurs is the ability to control and adapt their mindset. Discover how to develop an adaptable mindset by following these four tips.
Starting a franchise requires a hard look in the mirror to decide if you really have the makeup to become an entrepreneur. Start by reflecting on yourself and your goals with these questions.