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Are Franchises Locally Owned Small Businesses?
Most people believe that all franchises are owned by a major corporation, but this is not the case. A franchise is actually a small business that has an established brand name and must pay annual royalties to a franchisor (the person who owns all of the trademarks,...
3 Funding Options for Small Businesses That Need Cash Now
The Coronavirus pandemic (COVID-19) has small businesses and franchises on life support. Cash is the lifeblood of any business and revenues are nearly non-existent due to the quarantine taking place throughout the country. Franchise owners are struggling to figure...
SBA Loan Information For Small Businesses
We are facing tough times here in the United States due to COVID-19. One of the most affected groups of people in our country are the franchisees who work so hard to bring us products and services we love. For those who are considering applying to the SBA’s Economic...
Black Enterprise TCX Pitch Competition Winner
This past week I had the opportunity to travel to California for the first time to participate in the annual Black Enterprise TCX Pitch Competiton for the chance to win $10,000. Here is a caption with a few pictures and video from my personal Instagram account. Oh, I...
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