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Franchise vs. Independent by John McGeehan is a well-documented guide on how to start your own business. Do you want to be an independent business owner, or do you want to work with a franchise? John McGeehan gives the pros and cons of working independently or with a franchise. He also gives the advantages and disadvantages of acquiring an existing business versus having a startup. Another decision a person should consider is whether to make the business a part-time or full-time active business. These first decisions will give you a road map of how you want your business to function. There are four main types of business ownership and legal structures you can choose from, these are sole proprietorship, partnership, Limited Liability Company (LLC), and corporation. The author also gives examples of the different types of business funds. Finally, the author shares tips and suggestions on legal matters, financial management, human resources, real estate, and many more. Find out all this and more by reading Franchise vs. Independent today.
Franchise vs. Independent is the perfect book for people who want detailed and honest advice on how to start a business. Invest your money in this book before visiting an expensive financial consultant. John McGeehan's vast knowledge on this topic blew my mind. His experience in the field was evident in every point he raised. From the documentation to what to look out for before signing anything, I could tell that John McGeehan is a professional and knows what he is talking about. The book is well-organized and has a smooth flow. The tone was casual, and the author did not use complicated financial terms. Anyone can read this book because everything was broken down into simple terms. Taking the first step is the most difficult stage of owning your own business, but this book will also give you the courage to take the step. There are a lot of decisions to make before starting a business, and making Franchise vs. Independent your first investment will be the best decision you will ever make.