
The Pros and Cons of Franchising: Is It Right for You?
A franchise gives you a proven model, but you also agree to follow someone else’s playbook. Erin Pate weighs the real advantages and disadvantages.

A franchise gives you a proven model, but you also agree to follow someone else’s playbook. Erin Pate weighs the real advantages and disadvantages.

Money gets you into franchise ownership. Five other traits determine whether it works: following the playbook, consistency, patience, proper capitalisation and coachability.

Semi-absentee franchise ownership is not passive. What it actually looks like, the two common management models, and the questions to ask before you invest.

SBA loans, retirement rollovers, lender networks and more. Erin Pate walks through seven ways to fund a franchise and what each one really involves.

There is no universally best franchise. Erin Pate shares the 10 questions that reveal which opportunity actually fits your goals, finances and lifestyle.

Franchise costs go far beyond the franchise fee. Erin Pate breaks down what to budget for, from build-out and equipment to working capital and living expenses.

The FDD is the most useful document in franchise due diligence. Erin Pate explains the 23 items, which ones matter most and how to use them before you commit.

Are you thinking about starting a business? According to the U.S. Bureau of Labor and Statistics, approximately 68 million employees separated from their employer over