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10 Things to Ask Before Buying a Franchise

Like any investment, buying a franchise requires a significant amount of due diligence. Not even the best business opportunity comes with a guarantee, so an entrepreneur’s best defense is information. Andrew J. Sherman, a corporate and transactional lawyer, business school, law school professor and author of Franchising & Licensing: Two Powerful Ways to Grow Your Business in Any Economy ($29.70; AMACOM), recommended asking the following questions before cutting a check:

With Victoria Rowell

Earlier this year, Victoria Rowell received a 2006 NAACP Image Award for Outstanding Actress in a Daytime Drama Series for her role as Drucilla Winters on The Young and the...

Inspiring Black Investors

At 46, John W. Rogers Jr. is a master wealth builder. At such a young age, you might think this shrewd fund manager is unworthy of being called an investment...

The New Roth 401(K)

Imagine life during your retirement years — free of work and free of kids. Now, it could be free of taxes. The Roth IRA has been around since 1997, allowing...

Blacks Lag in Retirement Savings

African Americans save far less each month and have considerably smaller nest eggs than their white counterparts, according to a recent survey. The 11th annual Ariel/Schwab Black Investor Survey, sponsored by Ariel Investments L.L.C. and The Charles Schwab Corp., found that saving for retirement does not resonate in the same way for blacks as it does among whites.

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