Introduction to 8(a) Certification and How to Qualify Our last article covered The details of the SSBCI, a fund for minority and low income business owners. Today’s article will cover 8(a) certifications – another valuable tool for minority business owners to advance their goals and build their careers. The 8(a) certification for minority owned […]
FROM THE NEWS: $10b in SSCBI Funding is Now Being Distributed to Business Owners Introducing the State Small Business Credit Initiative and How it can Help You In 2010, the federal government created the Small Business Job Act. The Small Business Credit Initiative (SSBCI) is an integral part of this program. Designed to aid on […]
How To Get Out Of A Franchise Agreement Franchisees should always have an exit plan in place to sell their franchise. Whether they did a great job, prepared well for retirement, and are ready to retire, or they made some mistakes and need to make an exit, franchisees eventually need to return their holdings to […]
What is an FDD (Franchise Disclosure Document)? Opening a franchise is a challenge! You may already know the key elements, but the paperwork itself can be quite a lot. Let’s talk about the Franchise Disclosure Document, so that you know the details of that document and how to streamline your franchise into reality! An FDD […]
Should You Hire W2 Employees or 1099 Subcontractors? When running a business, every entrepreneur must decide whether to hire employees. Once your business grows to the point where hired help is necessary, the choice becomes whether to hire W2 employees or 1099 independent contractors. This decision is important because these types of employees operate […]
Life, health, and commercial insurance: What you need as a franchise owner. Growing your business with a franchise organization strengthens your partnership with the franchise owner. But how do you strengthen your own business? Franchise insurance is the best way to strengthen and protect your franchise from unforeseeable events! Why Insurance is Important as […]
Why You Should Join Franchise Organizations as a Franchisee Want to strengthen your franchise, remain educated, and elevate your network (and net worth)? Try a franchisee organization! Joining a franchise organization is an effective means to improving your relationship with your franchisor. The best part about owning a franchise is the fact that you are […]
Understanding Your Potential, Next Investment: Complementary Franchises Are you a franchisee who experienced great success with your first franchise location? You’ve come to the right place! Perhaps you’ve worked closely with and taken the advice of knowledgeable Franchise CPAs to avoid legal trouble and tax-related headaches and are now considering alternative ways to grow your […]
🎬 WATCH THE REPLAY HERE! ▶️ Youtube Link: 🔗 https://www.youtube.com/watch?v=0XilhAV47Mk ▶️ Previous Webinars: 🔗https://myfranchisecpas.com/category/webinars/ No Cash? No Problem! Fund a Franchise Anyway! More than anything, we want to demystify the franchise arena. I remember my life before franchising, and thinking “I’d love to own a Dunkin’ Donuts. I can’t afford that though.” Oh, how […]
Fastest Growing Franchises The previous two years have introduced the world to a pandemic and record unemployment, causing instability with our lives and health. This has made us value and appreciate security and stability, especially when it comes to our source of income. Business owners and entrepreneurs have turned to franchising as an investment […]