Posts Tagged Franchise Success
Posted on June 3, 2010 by Lizette Pirtle
Our beliefs create the world we experience. I see it all the time in my own life and the life of others. Franchise success depends on numerous factors many of which I have discussed in this blog. However, one critical element to success often overlooked is whether or not franchisors hold beliefs that support their [...]
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Posted on May 3, 2010 by Lizette Pirtle
Many people hold some erroneous beliefs about franchising which can mislead them and create a lot of unnecessary pain. Myth 1: If I franchise my business I will make tons of money. Yes, there is a good probability that franchising a business will result in significant financial gain. But, unfortunately, this is not always [...]
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Posted on April 19, 2010 by Lizette Pirtle
Why not both: successful and right? I don’t subscribe to “either/or” any longer; I now embrace the beauty of the AND which allows for possibilities to come into my life. However, when it comes to success and being right there is clearly an either/or. That is, being successful and being right do not mix, in [...]
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Posted on March 18, 2010 by Lizette Pirtle
Start-up franchisors face numerous challenges but they can all be summarized in one phrase: They need to learn how to become successful franchisors. They must master their new tasks and responsibilities and all that it entails to be a successful franchisor. Most franchisors learn as they go; some are smart and look for information, mentoring, and [...]
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Posted on February 23, 2010 by Lizette Pirtle
____________________ This is an article written by Sybil R Smith who is a Life Relationship Coach from Kingsport, TN. Make sure to visit her website. I chose to publish this article here (with a modified title) because it emphasizes the power of beliefs in our lives. Belief is one of the elements contributing to success, [...]
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Posted on February 5, 2010 by Lizette Pirtle
The families of your franchisees are an important factor in their success. Too many franchisors unfortunately underestimate the influence of families. Concentrating only on the franchisee is a mistake you need to avoid and here is why. When people invest in a franchise their lives change drastically. They go through tremendous emotional upheaval which has a [...]
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Posted on November 19, 2009 by Lizette Pirtle
“Exit strategies” is a term often attributed to big business; but it’s as, or even more, applicable to small business owners. Are you one of those people who rather not to think of the inevitable time when you’ll get older and want to slow down? If your children aren’t going to be involved in the business, who [...]
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Posted on August 24, 2009 by Lizette Pirtle
Franchising is all about relationships; and, like in any other human interaction conflicts may arise from time to time. The stronger the relationship, the better one can handle these times of disagreement. Here are 3 simple ways to strengthen relationships with your franchisees: Communicate often: In this world of electronic communication where emails prevail, grabbing the phone [...]
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Posted on July 22, 2009 by Lizette Pirtle
Franchising is a special kind of relationship unlike any other you’ll ever enter. It goes beyond a legal agreement between two parties, and beyond a business format system. Franchising is a way of life. It is a relationship where two parties come with the intention to co-create something that without the other could not [...]
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Posted on July 15, 2009 by Lizette Pirtle
Not unlike a marriage or any other close relationship, a happy Franchisor-Franchisee relationship is based on communication. If you remember the following 10 tips, you can create an environment where productive and lasting franchisee-franchisor relationships can flourish. Be approachable. Do not tolerate an “us vs. them” attitude from your employees or from your franchisees. Communicate with [...]
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