Recommended resources for entrepreneurship and small business, including the courses FBE 230: Introduction to Entrepreneurship and New Ventures, FBE 231: Family Business, and FBE 495: Family Business and Entrepreneurship Capstone
"How much can I make?" : actual sales, expenses, and/or profits on 83 franchise opportunities, 15th by Robert E. Bond (Editor)The single most important task for a prospective franchisee (or small businessperson) is to prepare a realistic cash flow statement that accurately reflects the economic potential of a franchise (business). How Much Can I Make? 2015 is an insider’s guide that provides historical sales, expense, and/or profit data on actual franchise operations to establish a solid basis for making these critical financial projections.
International Franchise Association"The International Franchise Association, founded in 1960, is a membership organization of franchisors, franchisees, and suppliers. Our Web site is dedicated to providing our members and guests with a one-stop shopping experience for franchise information."
Purchasing a Small Business
HBR guide to buying a small business by Richard S. Ruback; Royce YudkoffSJU login required. "Are you looking for an alternative to a career path at a big firm? Does founding your own start-up seem too risky? There is a radical third path open to you: You can buy a small business and run it as CEO. Purchasing a small company offers significant financial rewards—as well as personal and professional fulfillment. Leading a firm means you can be your own boss, put your executive skills to work, fashion a company environment that meets your own needs, and profit directly from your success. But finding the right business to buy and closing the deal isn't always easy."
Buy an existing business or franchise (SBA)Small Business Association. "It can be hard to start a business from scratch. Starting a business from scratch can be challenging. The good news? You don’t have to start from scratch to have your own business. Consider franchising or buying an existing business."
Franchise your business : the guide to employing the greatest growth strategy ever by Mark Siebert"Learn how to: Evaluate your existing businesses for franchisability. Identify the advantages and disadvantages of franchisingDevelop a business plan for growth on steroidsEvaluate legal risk, obtain necessary documents, and protect intellectual property.Create marketing plans, build lead generation, and branding for a new franchise. Cultivate the franchisee-franchisor relationship."
Call Number: eBook
Publication Date: 2016
Franchising & licensing two powerful ways to grow your business in any economy (Fourth edition). by Andrew J. Sherman"The definitive resource for corporations in myriad industries—now completely revised and updated. Filled with illuminating examples, stories from the field, and dozens of forms for drafting franchising agreements and licensing programs, the fourth edition of Franchising & Licensing covers all the strategic, legal, financial, and operational aspects of these complex but highly profitable business strategies."