Growing Your Franchise System Takes More Than Leads
The emphasis on franchise system growth is as old as franchising, having been accepted as the indicator of a quality franchise.
A Road Block to Franchise Growth is Right Under Your Nose
New franchise growth is the top priority for emerging franchise brands. Many of these franchises have an obstacle on the road to more franchise locations.
Franchise Candidates Need to Dig Deeper
Before a prospective franchisee invests they must review the information disclosed in the Franchise Disclosure Documents.
Franchisors Need to Avoid Wasting Their Franchisee Leads
When franchisors strategize their system growth, the major focus is placed on the amount and quality of their franchisee leads.
In Business Your Hand Does Not Shake . . . Ever!
As a business owner, you’re making hundreds of decisions daily. You have tough choices to make that can affect the company positively or negatively.
There’s More to a Franchise Than the Fees
The most immediate consideration is usually how much is the franchise fee and other ongoing payments like royalty and advertising fees.
The Two Traits You Need in A New Hire
After owning 4 successful businesses, in different business sectors, there are two common attributes my good hires have shared; Curiosity and Tenacity.
College and Business Are Like Oil and Water
Being an entrepreneur is like wandering a forest with no path. Making twists and turns and choosing a direction based on the information you’ve gathered.
Three Reasons Why Your Business Could Fail
The excitement and thrill of building a successful business from the ground up is difficult to top. 96% of businesses fail within the first 10 years.
Monitoring your Consumer Sentiment Is Key to Selling your Franchise
In the franchise industry, franchisors can view comparisons and relationships between consumer satisfaction for the products or services a franchise offers.
