/Business Franchise

Ready for Hard Work: An Interview with Richard Giorla

gI_80078_richardHere’s another interview with one of our amazing CorpNet clients! Meet Richard Giorla, who turned personal physical tragedy into a business he’s passionate about: Cardio Barre.

Turning Lemons to Lemonade

After decades of hard work as a dancer, Richard suffered a hip injury that prevented him from continuing down that career path. Not one to sit around feeling sorry for himself, he immediately began to search for an exercise routine that fit what his body needed post-injury.

After attending a ballet-based exercise class, Richard had found what he needed. But he didn’t stop there. In 2001, he opened his first Cardio Barre studio, which offered a high-energy, low-impact cardio workout. At that point, everything changed for him:

“It became my life….my identity…gave me a clear purpose and sense of great achievement.”

Taking it to the Masses

But Richard couldn’t be satisfied with one Cardio Barre. As demand increased, he opened several other locations in the LA. Then he began to consider franchising his studio.

Richard says he had a vision of bringing this new cutting-edge concept to the world. He has devoted a lot of energy to finding and training the best instructors to help his clients have a happier and healthier lifestyle. Continue reading “Ready for Hard Work: An Interview with Richard Giorla” »

By | February 18th, 2016|Business Franchise, Running A Small Business|0 Comments

The Most Exciting 350 Page Document You’ll Ever Read

Please enjoy this guest post from The Franchise King®, Joel Libava.
899_4492261I’m sorry. The sarcastic part of my brain took total control of me when I wrote the headline you just read. It won’t happen again. Right.

The document I’m about to teach you about is actually one of the most boring documents ever invented. But, it’s so darn important.

The Document

The Franchise Disclosure Document (FDD) is a legal document that franchisors must furnish to prospective franchisees, by law. The Federal Trade Commission (FTC) is the regulatory body that enforces it. That makes it kind of a big deal.

The FDD contains information…facts and figures on the franchise business opportunity, and is provided to help you analyze the offering.

You, as a prospective owner of a franchise, must receive the FDD at least 14 days before you are asked to sign any contract or pay any money to the franchisor or an affiliate of the franchisor. You have the right to ask for and get a copy of the disclosure document once the franchisor has received your application and agreed to consider it. Continue reading “The Most Exciting 350 Page Document You’ll Ever Read” »

By | June 2nd, 2015|Business Franchise|0 Comments

Is The Changing Job Market Compelling You To Think About Starting A Business?

917_4017293Are you seriously thinking of becoming your own boss this year?

Is starting a business something that you’ve been thinking about…but haven’t pursued?

Finally, why are you considering business ownership now?

A Changing Job Market

As of late, unemployment numbers have been improved. Less people are unemployed today than they were a couple of years ago. That’s the good news.

The bad news is that more people than ever have completely given up on their job searches. That “bad” news means that more people are considering career alternatives. People that have been downsized…let go by their employers, are becoming more open to the idea of entrepreneurship or self-employment.

Here’s what my friend, Steve Strauss, who owns TheSelfEmployed.com, wrote:

What do you do if you have been out of work for 99 weeks, your unemployment is running out and you have no prospects? What do you do if you are 30-something, have two kids at home, and the thought of not having a flexible schedule bums you out? What do you do if you don’t like working for someone else and long to do be your own boss? You join the ranks of the self-employed, that’s what.” Continue reading “Is The Changing Job Market Compelling You To Think About Starting A Business?” »

By | May 5th, 2015|Business Franchise|0 Comments

The Two Most Important Words In Franchising

35_2513660Forget the “hottest” franchises.

Ignore suggestions from franchise brokers on which franchises are “a possible fit” for you.

Take articles that rank franchises from 1-100 with a grain of salt. Consider them to be “light reading.”

Forget what you’ve learned about franchising up to now. Empty your mind. Clean your slate. I’m about to teach you about the two most important words in franchising. Ready?

What Franchising Is Really About

If you’re thinking about buying a franchise it’s important for you to truly understand what franchising is really about. Continue reading “The Two Most Important Words In Franchising” »

By | February 24th, 2015|Business Franchise|0 Comments

The Franchise King®, Joel Libava Tells You Everything You Need to Know About Buying a Franchise

112_2753607For many new entrepreneurs, their start in running a small business comes in the form of buying a franchise. The benefits are many: you’ve got support provided by the franchisor, and you’re buying into a proven business model.

Here, Joel Libava, The Franchise King, gives us the lowdown on everything you ever wanted to know about franchises.

What’s the difference in what you offer to people who want to buy a franchise versus a franchise broker-consultant?

There’s a huge difference between the way I work with people who are interested in buying a franchise and the way franchise brokers-consultants do.

Franchise brokers and consultants provide free services…free “help” for people who want to buy franchises. The reason their services are free is because they work for the franchise companies…they’re paid large commissions to match people to the franchises they’re contracted with.

My services aren’t free. I’m paid for my knowledge and expertise. I’m not paid a commission. My advice is unbiased. I have no skin in the game.My income doesn’t depend on whether my clients buy a franchise or not. Continue reading “The Franchise King®, Joel Libava Tells You Everything You Need to Know About Buying a Franchise” »

By | February 10th, 2015|Business Franchise, Starting a Business|5 Comments

CorpNet Helps Cardio Barre Owner Richard Giorla Celebrate His Passion for Dance

As a professional dancer, Richard Giorla was passionate about dance. But after sustaining a career-altering injury 10 years ago, something had to change. Richard sought a form of exercise he could do without impact and injury.

When he discovered a studio that offered ballet-based exercise, he was hooked. And when the owner of the studio went bankrupt and put the studio up for sale, Richard knew fate was calling.

“I saw this as an opportunity,” he said.

So in 2001, he took that passion for dance and created what today is Cardio Barre.

Continue reading “CorpNet Helps Cardio Barre Owner Richard Giorla Celebrate His Passion for Dance” »

By | July 22nd, 2013|Business Franchise|0 Comments

How to Buy Your First Franchise

675_4508827If you’re ready to dive into starting a business, but can do without some of the risk you have starting one from scratch, consider a franchise. Owning a franchise takes a lot of the initial work out of the equation, as the franchisor essentially hands you a business solution you simply unpack and put to work.

However, any new business is risky…even a franchise. You may get an established name and business plan, but your success is ultimately up to you. If you are  considering taking the leap to become a franchisee this year, here are five tips: Continue reading “How to Buy Your First Franchise” »

By | March 4th, 2013|Business Franchise|0 Comments

The Franchise King is Looking for One Woman

Our dear friend, Joel Libava over at The Franchise King is hosting an amazing contest and he asked us to be a part of it. Of course we said yes! We are happy to support any contest that encourages entrepreneurship and especially women in entrepreneurship!

Joel is looking for ONE woman to become a franchise owner. He will help that lucky lady by teaching her all he knows about the franchise industry from start to finish. One Woman. One Franchise.

What’s our role, you ask?

Well, we are a sponsor of #OWOF and will help the winner of this contest set up her franchise as an LLC or Corporation at NO CHARGE!!

There are also tons of other amazing sponsors like SmallBizDaily.com and BizSugar.com!

Are you a woman who has been dreaming of starting up a franchise business? Now’s your chance to enter to get professional help all along the way!! How awesome!

Good luck and Happy Franchising!

By | March 6th, 2012|Business Franchise, Events & Announcements|5 Comments

California changes its Franchise Tax Fees. Are you ready?

94_2669776In California, to do a takeoff of the title of an old Bob Dylan song, “The (Filing) Times, They Are a Changing.” The State of California Franchise Tax Board recently changed the due dates, deadlines and tax/fee amounts for annual tax payments and fees to be paid by LLCs and Corporations doing business in California.

If you have a Corporation or LLC registered in California, is your company ready to adjust to these changes? CorpNet can help you meet these new deadlines and avoid paying extra fees or penalties.

Most business owners are familiar with filing their initial reports (also known as an initial statement of information) in the states where this is required. But in addition to these initial reports, companies also need to file annual reports with the state to remain in good standing and avoid late fees.

These annual reports determine whether your company owes certain taxes and fees. If your company needs to be closed and you no longer want to do business as a corporate entity in California, there are other filings that need to be made to dissolve the corporation or LLC.  Continue reading “California changes its Franchise Tax Fees. Are you ready?” »

By | November 4th, 2011|Business Franchise, Taxes|3 Comments