From a technical perspective, franchising is merely a marketing maneuver that can be used to expand an established company and/or, to generate additional working capital. At its bare bone basics, franchising is a business arrangement between an existing company (i.e., the ‘franchisor’ or ‘licensor’) and its new business colleague (you — the ‘franchisee’ or the ‘licensee’) that … [Read more...] about Franchise Business Financing Options: Startup & Working Capital
According to the Federal Drug Administration (FDA), a cosmetic includes products that have been crafted for application to a human body. Makeup makes up one segment of the cosmetic industry. It is defined as a product that enhances your appearance that is specifically designed for your face. A partial list of makeup products (aka color cosmetics) include – Blush. … [Read more...] about How Much Does it Cost to Start a Makeup Line?
The cannabis industry’s recent rebirth can be attributed to a group of determined cannabis and medical advocates; professionals armed with statistically valid data in support of their cause. These modern-day cannabis pioneers understood that their scientific data offered evidence of the true medical benefits of the cannabis plant, including how the cannabis plant would be … [Read more...] about How to Start a Cannabis Business, Plus 10 Cannabis Business Startup Ideas
“Flipping” is an investment strategy and technique with one essential objective — to generate a short-term profit. While this strategy potentially produces impressive profits, the process of “flipping” is an investment known to be highly speculative. Successful investment flippers often have a knack (or sufficient experience) for recognizing this risk and, to carefully … [Read more...] about Flip Funding: A Guide for Real Estate Investors In Need of Quick Funding
Most people don't know that the number one way entrepreneurs fund their startups is via their personal savings. More often than not, you will find that most lenders (i.e. traditional banks) don't provide business loans to startups. The top 3 options that most entrepreneurs have to fund their startup business (without giving up equity) include personal savings (via a 401k or … [Read more...] about Funding a Business with a 401K (without Incurring IRS Penalties or Upfront Tax Obligations)