Should I worry that the franchise I'm interested in is closing some locations?
By Jeff Elgin
Opinions expressed by Entrepreneur contributors are their own.
Jeff Elgin has almost 20 years of experience franchising, both as a franchisee and a senior franchise company executive. He's currently the CEO of FranChoice Inc., a company that provides free consulting to consumers looking for a franchise that best meets their needs.
Want to be an Entrepreneur Leadership Network contributor? Apply now to join.
Editor's Pick
-
The First Openly LGBTQ+ Person to Conquer the 7 Summits Reveals How 5 Lessons Learned on His Climbs Helped Him Grow a Business to $5 Million in Sales
-
How to Start a Passive Income Side Hustle That Uses Assets You Already Own, From 3 People Who Make Thousands of Dollars Doing It
-
'People Have the Right to Protect Their Likeness': Hollywood Lawyer Says Scarlett Johansson's OpenAI Controversy Is Only the Beginning
-
'It Was Pretty High Risk': Leader of the World's Largest Architecture Firm Says Going 'Off Track' Led to Being a CEO
-
5 Habits That Will Help You Leave Your 9-5 and Increase Your Income, According to a Former Nurse Who Did It
Side Hustle
The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year
Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.
Business News
Homeowners in These 10 States Pay the Most in 'Hidden' Upkeep Costs
Hidden home costs pile on top of mortgage payments.
Growing a Business
5 Books to Help You Motivate, Unify and Build Perspective
In a post-Covid world, check out these must-read books to help build a more resilient organization, create a modern work culture and maintain a powerful growth mindset.
Money & Finance
Avoid These 10 Mistakes Entrepreneurs Make with Money
Despite the challenging statistic that only 5% of startups survive beyond five years, common financial pitfalls often contribute to their failure. Through personal observation, I've identified the prevalent financial mistakes made by entrepreneurs.
Growing a Business
How Visionary Leaders Transform Curiosity Into Groundbreaking Ideas
Lee Brian Schrager, founder of the South Beach Wine & Food Festival, discusses the spark that launched FoodieCon, his best practices for running popular food events, and why all business owners need to adapt to social media trends.
Making a Change
Learn All of Rosetta Stone's Languages for $152
A lifetime subscription is nearly $250 off for a limited time.
