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ARTICLE | May 21, 2012

Family Business: 10 Tips for Managing a Parent-Adult Child Business

A mother and her daughter, who will graduate in May from college, share ownership of a new Home Instead Senior Care franchise business, a partnership that seems tailor-made for these economic times. More college graduates are having a difficult time finding jobs, according to the U.S. Bureau of Labor Statistics. Teaming with a family member has proven successful. According to the U.S. Small Business Administration, family-owned businesses account for 90 percent of all businesses in the U.S. (large and small) and continue to be a powerful force. And senior care franchising is one way to help new graduates get their careers off the ground. 
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NEWS | May 18, 2012

Is Starting a Franchise From Home For You?

Fox Small Business Center offers tips and expertise on running a home-based franchise business.
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SECTOR REPORT | April 26, 2012

Senior Care Franchise Report 2012

Franchise Business Review's special report Senior Care Franchises offers a high-level look at the senior care/home care franchising sector. We explore what services the sector provides, what’s involved from an investment standpoint, what the “typical” franchisee looks like, and how franchisee satisfaction in the sector has fared in the past year. We also identify the top senior care franchises based on our franchisee satisfaction research.
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ASK FBR | March 19, 2012

How long have you been researching a franchise opportunity?

Franchise Business Review wants to know what you're doing in order to find that right "fit", and encourages all those interested in starting their own franchise to answer this simple question - how long have you been researching a franchise opportunity? (Click here to share) 
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Home > Blogs

What Makes Our Most Successful Franchise Partner?

by John DeHart

We started out by thinking that a perfect home care franchise partner was someone with a very strong business background.

Then we evolved to looking for a franchise partner who had a strong business background, and had passion for what we do. Are they aligned with our purpose? Is building a home care business going to be a mission for them? Or just a regular business? Are they looking at other franchise concepts that have no relation to what we do? Like a plumbing franchise? That’s when we start asking ourselves – is this really the right business for that candidate?

We also looked at candidates who had a health care background, but were also high in business aptitude. They may not have been in business before, but they just naturally get it. They probably read business magazines, grew up in a business household, and are just plain great at marketing themselves.

We are almost 10 years old now, but only started to franchise 4 years ago. In the 4 years, with 45 locations across Canada (and a few opening up in the USA), I can tell you exactly what makes the top franchise partners successful: they are completely aligned with our purpose of making lives better. Amazing. How simple.

So now we look for the “Why” before anything else. And to be honest, if you are looking to start a business “just to start a business”, then I would tell you to re-think your decision. Do something you are passionate about. Something that resonates with your own mission in life. You will enjoy business a lot more if you follow this simple bit of advice! That’s what we tell all of our franchise candidates and we’re much stronger for it.

John DeHart
Co-Founder and Co-CEO
Nurse Next Door
JohnDehartBlogs.com

Learn more about Nurst Next Door at topfranchises.franchisebusinessreview.com.

 

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