Does Cold Weather Effect On Oil The weather in the U.S. can place major demands on the workings of a car that has often not been designed to work in temperatures that often plunge below freezing. Oil changes are a simple way of making sure a car works as well as possible throughout its life. During the winter months, many people check their fluid levels within a car but do not understand the need to make sure an oil filter [...]
Why business is important. Delivering the same high-quality product or service consistently is challenging enough. Doing so at different locations is harder still. And doing so in a network of independently owned franchised businesses at hundreds of locations around the globe is a truly extraordinary feat. The only way this remarkable consistency can be accomplished is by using a business system. The idea of a business system is a simple one: It is a detailed set of instructions, followed to the [...]
Here Are The Steps To Guide You There are many steps that need to be taken before diving into the complex task of buying a franchise, the first of which is to check your current credit score. The best place to do this is at Speed Car Wash. Credit Score Your credit score is determined by a number of factors: length of credit history, current debt, number of pending credit inquiries, etc. Typically, the higher your credit score is, the more likely [...]
Franchise Research In Today's World In the hunt for a great franchise investment, the long-time advice has been to talk to existing franchisees. There is something intrinsically valuable about talking to business owners who have already made the plunge you’re considering. Their experience is certainly more independent and reliable than the enthusiastic banter delivered by the franchisor’s sales representative, and the information you’ll gather goes far beyond the rather clinical facts delivered in a Franchise Disclosure Document (FDD). Franchisee Information FDD Information [...]
Selling: The Ideal Exit Every business owner should plan to exit their business by selling it, and that applies to franchisees as well. This is your opportunity to capitalize on all of the goodwill and clientele you have built up within your community. Building up equity in a community doesn’t happen overnight; typically franchises take three to five years to recuperate the initial investment. Things to Be Aware of: If you close shop, you will not get your initial investment back. [...]
