The penalties for driving without insurance in the state of California are harsh. If you are caught driving without insurance, you will be given a citation with a stiff fine. In addition, if you had insurance and the policy has lapsed, the insurance company will notify the Department of Motor Vehicles, and your registration will be suspended. It will cost money to have the registration reinstated, and this is true even if you are not pulled over by the police.
What’s even worse is getting into an accident without having insurance. Your driver’s license can be suspended for up to four years, and once the time comes to get a new driver’s license, the insurance will be expensive. Continue reading “The importance of having California auto insurance”
One of America’s premier burger chains and Canada’s coffee and doughnuts powerhouse have decided to merge and become the third-largest fast-food franchise in the world. In August 2014, Burger King and Tim Hortons decided on a deal worth an estimated $14 million Canadian dollars, which was roughly $12.5 million U.S. Burger King went into the deal with its stock valued at about half that of Tim Hortons’, but the officers of both companies see a tremendous upside to the merger. Continue reading “A $12.5 million-dollar question: Does Burger King love doughnuts?”
When it comes to some of the most recognizable businesses in the world, many of the top companies are owned by successful franchisees. Cold Stone Creamery, Subway, McDonalds, Home Hardware and many others license the use of their names and brand identities to small business owners who are willing to pay a few dollars in order to take advantage of owning a business that has already been established. However, owning a franchise is significantly different than starting a business from scratch.
While there are many benefits to running a business that comes with a pre-established customer base and a step by step operation manual, there are also a number of obligations that a franchisee must meet. In order to ensure that your franchise business has the best possible chance of success, there are a few things that you should do before you sign on the bottom line. Continue reading “How to buy a successful franchise”