You say you want to buy a franchise – which of the 80 plus categories interest you? The hot categories right now are kids, senior care, business to business services, and non medical home care. But, do they interest you? Can you live with non medical home care 24/7? When doing your pre-purchase research, think about your lifestyle, your support system, and your talents and interests.
Owning a Franchise is the same as owning your own business except you have the huge advantage of working within a proven and successful business structure. There are 2,900 active franchisors with about 500 new ones are added per year. The opportunities are vast – so your fit is important.
Let me know what your thoughts are on buying a franchise. Remember, you can always go to www.SCORE 114.org and find a mentor to help you the rough process — or even you can write me back as I am a SCORE mentor, also. What do you want to buy today?
Are you looking to expand your business?
Consider government contracts – local, state and federal. The government buys everything and anything. I know a retail delicatessen that is now doing catering at its local VA Hospital.
A famous fireworks display company received multiple contracts to make fake missiles used in target practice for the US Navy. A cosmetics distributor is now selling to the Army posts. And, the opportunities are abundant on the state and local levels too. Government at all levels is increasingly outsourcing for goods and services.
The best news is that most government contracts are now subject to rules requiring prompt payment.There are numerous organizations which can help you look for government contracts. Some are local, affiliated with your chamber of commerce, universities or economic development resources. Some useful web sites to look at: www.business.gov; www.sba.gov; www.fedbizopps.gov; www.usgovinfo.about.com; www.aptac-us.org.
-Roz Goldmacher, guest blogger