8 of the Best House-Maintenance Franchises You Can Buy Now

Entrepreneur Franchise 500 Rank: 61 Initial investment: $89,619 to $125,023 Initial franchise fee: $37,500 to $51,500 New units in 2019: -16 units (-0.9 percent) Founded in 1979 and franchising since 1980, Merry Maids boasts over 1,000 cleaning franchises in the U.S., relying on a two-person, home-cleaning for its franchisees. Its website lists some of the business’s biggest untapped markets, which include New York City and Cleveland. Read_More Related posts: 24 Top-Ranked, Affordable Franchises You Can Buy for $25,000 or Less 5 Restaurant Franchises That Will Cost You at Least $1 Million 5 of the Best Fitness Franchises You Can Buy The Top 20 Franchises of 2020 From the Entrepreneur Franchise 500 The 19 Oldest Franchises on the Franchise 500 A 6-Step “Mindset Maintenance” Checklist for Workaholics A 6-Step “Mindset Maintenance” Checklist for Workaholics The Top 100 Franchises for Less Than $150,000

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The Top Children’s Businesses on the Franchise 500

Once Upon A Child primarily sells new and used children’s clothing, equipment, furniture and toys. Franchising since 1992, the Minneapolis-based children’s retail franchise ranked No. 110 on the 2020 Franchise 500 list, which is up from No. 129 in 2019. This improvement is in part due to a 4.3 percent increase in units year-over-year, from 369 to 385 in our most recent count. Startup costs run from $246,700 to $391,700, including a $25,000 franchise fee.  The only other children’s retail business on the Franchise 500 was specialty toy store Learning Express Toys, which ranked No. 452. Read_More Related posts: Why Franchise Ownership is a Great Beginner Option for Entrepreneurs How to Run a Successful Franchise While Working Just 20 Hours a Week What You Need to Know Before Investing in a Chick-fil-A Franchise (60-Second Video) Start a Franchise for Less Than $10,000 (60-Second Video) The 3 Most Consistent Businesses From […]

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The 19 Oldest Franchises on the Franchise 500

Entrepreneur Franchise 500 list rank: 289 Initial investment: $369,836 to $9,603,858 Initial franchise fee: $35,000 to $38,000 New units: 5 units (1.5 percent) Howard Dearing Johnson started a small Massachusetts medicine shop in 1925. He sold treats like ice cream and hamburgers, growing the number of restaurants at a steady pace for decades. By 1954, when Howard Johnson opened its first hotel and began franchising them, the company also operated 400 restaurants.  Read_More Related posts: 5 Restaurant Franchises That Will Cost You at Least $1 Million The Top 5 Business Service Franchises From the Franchise 500 The Top 20 Franchises of 2020 From the Entrepreneur Franchise 500 24 Top-Ranked, Affordable Franchises You Can Buy for $25,000 or Less 5 Affordable Franchises You Can Start for Less Than $10,000 The 7 Best Real-Estate Franchises of 2020 The Top 10 Franchises You Can Buy for Less Than $100,000 5 of the Best Fitness Franchises You […]

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Ways to Make Money Online That Seem Great but Just Aren’t Realistic

If your goal is to make money online or generate passive income through the internet, you can do better than trying these popular-but-unrealistic methods. January 28, 2020 13 min read The internet provides an entirely new way to make money. If you need a quick paycheck, you can try selling something on Craigslist or tapping into the gig economy. If you need a long-term means of producing income, there are plenty of suitable options — I should know, given that I’ve been making money by writing online since I graduated from college.  In some ways, though, the opportunities for making money on the internet are not so different from how people have been trying to get rich on the frontiers of society for centuries. One example: In the 19th century, many English and Irish people (mostly men) abandoned their homes to start new lives in New Zealand, attracted by not […]

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The 7 Best Real-Estate Franchises of 2020

Entrepreneur Franchise 500 list rank: 40 Started franchising: 1975 Total units: 8,361 Initial franchise fee: $40,000 to $284,000 RE/MAX has added 376 units in the past year alone. In addition to strong growth and a powerful brand name, the Denver-based real-estate franchise also boasts a bevy of support options for franchisees, including a newsletter, meetings and conventions, a toll-free line, a grand opening, online support, security and safety procedures, field operations, site selection, proprietary software and a franchisee intranet platform. Read_More Related posts: This Company Is Changing the Real Estate Investment Game This Company Makes Real Estate Investing Possible for More People Learn How to Make Successful Real Estate Investments 5 Real Estate Opportunities for Entrepreneurs in 2020 The Top 20 Franchises of 2020 From the Entrepreneur Franchise 500 Anyone Can Get Into Real Estate Investing With DiversyFund How the New Tax Law Affects Your Real Estate Business 3 Must-Know Tips from […]

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The Top 20 Franchises of 2020 From the Entrepreneur Franchise 500

Entrepreneur Franchise 500 list rank: 2 Started franchising: 1964 Total units: 7,136 Initial franchise fee: $525,500 to $2.96 million A decade ago, Taco Bell was ranked as the No. 45 business on the Franchise 500. Today, it’s ranked second in large part due to the growth the company has seen in the interim. Even in the past two years, the fast-food business has seen sales grow 6 percent, to $11 billion, in 2018, and as of the third quarter of 2019, it was projected to improve same-store sales (5 percent) and overall sales (8 percent) again. The key to this growth, as the newest issue of the magazine points out, is the company’s focus on convenience, which includes a POS system directly integrated into the Grubhub app and 4,800 U.S. location offering delivery. Related: 24 Top-Ranked, Affordable Franchises You Can Buy for $25,000 or Less Read_More Related posts: 5 of […]

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‘I Had $151 in My Bank Account When I Declared for the NBA’

Here’s how Chris Paul has evolved since he stopped splitting the bill at T.G.I. Fridays. December 29, 2019 12 min read Chris Paul is a basketball superstar. He’s the face of national marketing campaigns and president of the NBA Players Union. But Paul will be the first to admit that it wasn’t always this way. He needed to develop and grow to reach his current platform — and he doesn’t intend to stop learning anytime soon. In this Q&A, the Houston Rockets point guard breaks down how his time as head of a union has impacted him, how he makes investment decisions and how his life has changed since he declared for the NBA draft.  This interview has been edited for length and clarity. You’re president of the NBA Players Union, as voted on by the players. What have you done so far in that role, and what are some of your goals for […]

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5 of the Best Fitness Franchises You Can Buy

Entrepreneur Franchise 500 Rank: 20 Initial investment: $107,524 to $722,796 Initial franchise fee: $21,000 to $42,500 New units in 2018: 426 units (+11.7 percent) Anytime Fitness is a global business that had 2,398 U.S. and 1,645 international franchises at the start of 2018, along with 38 company-owned locations. In 2007, the total number of locations was just 455. The total cost of investment can vary widely based on your current real estate, where you’d like to build and the type of Anytime Fitness franchise. (A total investment in Anytime Fitness Express could run you anywhere from $107,273 to $512,194, and an Anytime Fitness Standard could cost you between $130,753 and $722,546.) You can see find a map of available locations on the company website. Related: Our Top 5 Franchises You Can Run From Your Own Home Read_More Related posts: 5 Restaurant Franchises That Will Cost You at Least $1 Million The 150 Fastest-Growing Franchises 24 Top-Ranked, Affordable […]

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5 Affordable Franchises You Can Start for Less Than $10,000

Entrepreneur Franchise 500 Rank: 199 Initial investment: $2,245 to $53,200 New units in 2019: 148 units (+20.1 percent) Buildingstars, a commercial cleaning company founded in 1994, is headquartered in St. Louis. The company began franchising in 2000 and now has regional offices in Chicago, Houston, Phoenix, Pittsburgh, New York and more. Services include carpet and floor care, as well as green cleaning and consulting. Read_More Related posts: The 150 Fastest-Growing Franchises Start a Franchise for Less Than $10,000 (60-Second Video) 24 Top-Ranked, Affordable Franchises You Can Buy for $25,000 or Less The Top 10 Franchises You Can Buy for Less Than $100,000 The Top 10 Best Franchises to Open in 2019 5 Restaurant Franchises That Will Cost You at Least $1 Million The Top 5 Business Service Franchises From the Franchise 500 Our Definitive Ranking of 2019’s Strongest Franchises

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7 Common Questions About Self-Publishing on Amazon

This guide can help you decide whether self-publishing on Amazon is right for you, your book and your business. October 31, 2019 9 min read Some people view self-publishing as a failure, chosen only when no other options remain. But the simple truth is that traditional gatekeepers — literary agents and editors at publishing houses — simply don’t have the bandwidth to determine the value of every story. Hundreds of thousands of books are self-published every year, and there’s no way to keep up with them all. Unless you already have a built-in audience or previous experience in publishing, it can be difficult to get your work in front of decision-makers. Self-publishing allows you to show off your ideas in front of the true decision-makers, the readers. Whether you’ve decided to use your book as a top-of-funnel marketing and branding opportunity, or whether you simply have a story you need to […]

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How to Write a Book (and Actually Finish It) in 5 Steps

This guide offers a roadmap on how to write a book from beginning to end. October 2, 2019 15+ min read There are a ton of reasons why you might consider writing books. You might want to prove your expertise on a given topic or create a funnel for your business. You might need a book in order to establish yourself as a public speaker or professor. You might simply have a story that you need to tell.  But where do you get started on writing that story? Figuring out how to write a book with a beginning, middle and end can be daunting when all you have is an idea and a blank page.  Just as with anything in life and business, the answer to learning how to write a book is to find a good teacher — people who have accomplished what you’re trying to do. If you […]

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Quincy Enunwa Is More Than Just an NFL Player

The New York Jets receiver might be out for the season, but he’s already begun expanding his horizons, preparing for an MBA and getting ready for life after football. September 11, 2019 7 min read NFL receiver Quincy Enunwa and Jim Neesen, managing partner of accounting firm Connor Group, seem like a somewhat unlikely pair at first glance. However, the athlete and the businessman have a diverse range of interests that have helped make their young partnership a successful one, allowing Enunwa to improve his business skills and the Connor Group to “compress time,” as Neesen says, with a hardworking and intellectually curious star. Enunwa, who suffered a season-ending neck injury in the first game of the season against the Buffalo Bills, and Neesen explained how the partnership began and what they’ve learned from each other during an interview earlier this year. Check it out below. Entrepreneur: Tell me how the two […]

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Is Slack Really Worth $20 Billion?

The office collaboration company’s stock fell on its second trading day. June 21, 2019 2 min read Slack shares opened at $38.50 on Thursday, the company’s first day of trading, up 48 percent from a $26 reference price Wednesday. That massive win gave the San Francisco-based tech startup a $19.5 billion valuation, almost triple its private valuation of $7.1 billion. That seems like a high number, considering that Slack itself estimated the market for its industry (workplace collaboration services) at $28 billion in its offering paperwork. Friday saw the startup fall back to earth, as Slack stock fell 3.63 percent to 37.22. However, the true question about Slack’s value won’t be determined in its first week of trading (just as Uber’s fate wasn’t decided by a disastrous IPO). The Entrepreneur Index™ as a whole was down slightly, falling 0.13 percent as Amazon, Comcast and Adobe Inc. saw losses on the day. […]

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Uber Stock Tumbles After IPO, Leading to Disappointing First Day as Public Company

The ride-sharing company was valued at over $82 billion on its first day of trading. May 10, 2019 2 min read Uber raised over $8 billion in its first day as a publicly traded company and still managed to fall short of expectations. The company opened its first day of trading with an initial public offering price of $45, but finished the day at $41.52 — down 7.7 percent. According to The New York Times, “Since 2000, only 18 companies valued at more than $1 billion and listing on American exchanges have opened below their IPO price.” It’s been a tough month for ride-sharing apps, given how Lyft announced losses of over $1 billion in its first quarter as a publicly traded company just days before. Many of the other major players in the tech industry also had moderate losses on the day. Amazon shares fell by 9.89 points (-0.52 percent on the […]

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5 Creative Interview Questions to Ask Job Applicants

You can probably guess that this interview question comes from Elon Musk (specifically, from a Musk biography by Ashlee Vance), given that he starts by saying “You are standing on the surface of the earth.” Why is this a good interview question for your company? Two reasons. First, because you can objectively get this answer wrong. Asking interview questions that determine competency can help distinguish which job applicants really know their stuff. Second, it’s a good interview question because it has two answers. The first answer is the North Pole. Because the Earth is a sphere, if you walk one mile south, then one mile west, then another mile north, you will just return to the North Pole. You could walk a million miles west or zero, and you’d still end up at the same place. The second answer is any place approximately 1.32 (1 + [1 / pi]) miles […]

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Did Starbucks Make a Cameo on ‘Game of Thrones’?

May 6, 2019 2 min read Last night’s episode of Game of Thrones featured several familiar sights to fans of the show. The Starks were back in Winterfell, their family home, surrounded by their friends. Among them were Tyrion and Jaime Lannister, who traveled to the north together in the show’s first episode. We saw the Hound and Samwell Tarly. Even Daenerys Targaryen — or Khaleesi, as many have come to call her — was there, sitting beside Jon Snow.  But in front of Daenerys, there was something familiar even to those who have never seen the show. my favorite show in the entire world forgot a STARBUCKS COFFEE CUP ON THE TABLE WHILE FILMING pic.twitter.com/60z3pOCfg9 — zane (@zane) May 6, 2019 In all likelihood, the coffee cup was simply left on set by mistake. However, Game of Thrones has always been known for its attention to detail, leading some fans wonder whether its placement was intentional. Perhaps […]

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24 Top-Ranked, Affordable Franchises You Can Buy for $25,000 or Less

Entrepreneur Franchise 500 list rank: 170 Initial investment: $8,639 to $296,598 Initial franchise fee: $3,500 New units in 2016: -1 units (-0.1 percent) Chester’s has one of the widest ranges for initial investment — you will need to invest anywhere between $8,000 to almost $300,000. However, depending on your current assets and plans for the fried-chicken franchise, there’s a chance you could start a new location for less than five figures, which makes it worth investigating. Read_More Related posts: The 150 Fastest-Growing Franchises The 3 Most Consistent Businesses From the Franchise 500 List The Top-Ranked Franchise 500 Companies Available in All 50 States The Top 10 Franchises You Can Buy for Less Than $100,000 The Top 10 Best Franchises to Open in 2019 5 Restaurant Franchises That Will Cost You at Least $1 Million The Top 5 Business Service Franchises From the Franchise 500 Our Definitive Ranking of 2019’s Strongest Franchises

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The Entrepreneur Index™ Is Down on Friday (and So Is Tesla’s Target Price)

March 22, 2019 2 min read 2019 has not been kind to Tesla‘s bottom line. On December 31, 2018, the electric car stock closed at $332.80 per share. On Friday, the company closed at $264.53 — a 25.8 percent drop in just three and a half months. Things just keep getting worse, and today was no exception. Wall Street research firm Cowen lowered its price target from $200 to $180 on Friday due to data that seemed to point at the idea that Tesla’s quarterly deliveries will fall below expectations. Analyst Jeff Osborne lowered his forecast for Model 3 deliveries by 13.6 percent (from 55,000 to 47,500. and his forecast for Model S and Model X deliveries by 14.0 percent (from 21,500 to 18,000., based on data from government and third-party sources. The Entrepreneur Index™ was down 2.12 percent on the day, and only eight stocks out of 60 posted […]

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Here’s Why and What You Can Do Instead

You can’t get a Starbucks franchise, but you might be able to apply for a licensed store. Entrepreneur readers often reach out about how to franchise a Starbucks or learn more about owning one of the coffee shops. Unfortunately, if you live in the U.S. or Canada, owning a Starbucks franchise probably just isn’t in the cards for you. Like Chick-fil-A, the Seattle-based coffee chain prefers to own each of its own locations. Starbucks CEO Howard Schultz told Entrepreneur in 2003, “We believed very early on that people’s interaction with the Starbucks experience was going to determine the success of the brand. The culture and values of how we related to our customers, which is reflected in how the company relates to our [employees], would determine our success. And we thought the best way to have those kinds of universal values was to build around company-owned stores and then to […]

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Tesla Stock Falls After Elon Musk Announces Plans to Close Brick-and-Mortar Stores

The electric car company’s stock fell by almost 8 percent on Friday. March 1, 2019 2 min read “We will be closing some stores, some reduction in headcount as a result,” CEO Elon Musk said during an after-hours Thursday call with reporters. In the call, Musk also said that Tesla won’t make a profit during the first quarter. “I wish there was some other way. Unfortunately, it will entail a reduction in force on the retail side. There’s no way around it.” Musk also said, “We do think that profitability in Q2 is likely.” However, that spark of optimism wasn’t enough to lift Tesla stock on Friday, which fell by 25.18 points (-7.87 percent). Tesla was the biggest loser on a relatively positive day for the Entrepreneur Index™. The exchange was up by 0.60 percent today, while other indexes like the S&P 500 and Dow 30 were down. That success is […]

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