Some entrepreneurs seem to have a business "green thumb". They start a business, grow it quickly, and then miraculously sell it for higher multiples than most other similar businesses - without much forethought, following best practices or comprehensive business plan. Or they quickly build it, franchise then sell to a private equity firm.

Is A Franchise Right For Me? While considering a business purchase and shopping online "business-for-sale" sites, you’ll probably run across several franchise re-sales. Could a franchise re-sale be in your future?

In developing strategic business plans, we often use Best, Expected, and Worst case scenarios. Life and business are risky. Planning for the down turns is prudent and necessary. A business plan based on prolonged luck is not a recipe for success. The durable, businesses that have stood the test of time, have usually survived as the result of strategic and tactical planning for the short and prolonged down turns. Every business will experience trials and most bad things can be planned and managed. As an extreme example, bad things like death can either ruin your plan, or it can just be a part of your business continuity plan.

Transworld Business Advisors is marking its 40th anniversary with another huge milestone – welcoming its 200th franchisee, making it the largest franchise broker system in the world. As the world's leading Business Brokerage and Franchise Development Company, Transworld spans over more than 235 territories throughout 16 countries.

Business tips We recently spoke with George Boyadjis, CPA, FHFMA, VP Corporate Solutions at Cresa Real Estate for this week's business tips. He shared 5 things businesses should consider before expanding their footprint or moving to new space.

Many would-be entrepreneurs never take the plunge into business ownership. There are plenty of roadblocks that prevent business ownership that are very real. Some of these roadblocks are fortuitous and help us avoid disastrous consequences. Some of these roadblocks are simply inappropriate timing or we can’t get a realistic deal for the current situation. However many times, these roadblocks are based on our fears. Not all fears are bad. Healthy fears can keep us from painful consequences, but subjective fears can be debilitating and paralyzing. There are four types of unhealthy fears that often become barriers to our success:

Definition of "good"

BUSINESS OWNERS ARE PASSIONATE ABOUT EOS I learned today that Minnesota is a hotbed for EOS (Entrepreneurial Operation System). Over 2000 Minnesota businesses have implemented EOS and that demand has caused a jump in the number of EOS certified implementer coaches in Minnesota to over 60. Businesses who have implemented it the right way (using an outside certified implementer) are very passionate about it and the results EOS has brought to their culture, vision, growth and bottom line.