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Expanding small businesses via franchising and helping those businesses succeed.
Posted on November 18, 2010 by Lizette Pirtle
There are an infinite number of reasons to franchise a business; however, people’s motivations for franchising can fit four main categories: Vision Skill Money Ego Vision encompasses those people who want to grow their business quick, yet lack the resources to do it with company-owned locations. They want to enter new markets and understand that [...]
Posted on May 4, 2010 by Lizette Pirtle
Last month I was interviewed by Paul Segreto on his radio show Franchise Today. During this interview I covered some important topics to consider when franchising a business. This post which I am revisiting expands on the topics I covered during the Franchise Today Interview. Are you considering franchising your business? If so, start by [...]
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 [...]
Posted on March 24, 2010 by Lizette Pirtle
Franchising is not for everyone. Not every business seeking to grow should choose franchising as the method of expansion. For example, some businesses do not have the ability to create a sustainable relationship (see older post); for others the decision whether or not to franchise should be considered in light of the following five questions: [...]
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 [...]
Posted on October 28, 2009 by Lizette Pirtle
You want to grow your business. You’ve done your homework and found that franchising is the best way to expand, but you are not quite ready to do it yet. You may not have the funds to go through the process or you may not have been in business long enough to prove the concept [...]
Posted on August 5, 2009 by Lizette Pirtle
Business owners considering growing their companies often want to know which is the most suitable expansion vehicle. Should they franchise or should they expand by hiring staff and opening locations or satellite offices? The answer depends on each company’s objectives, their resources and the personalities and values of the principals. Companies that decide to grow by expanding their [...]
Posted on February 2, 2009 by Lizette Pirtle
Franchising a business is not an inexpensive endeavour. One of the major contributors to its cost is the legal compliance required when franchising a business. The Franchise Disclosure Document (FDD) which replaced the Uniform Franchise Offering Circular (UFOC) in July 2008 must follow the guidelines of the Federal Trade Commission. The FDD is a lengthy document that [...]
Posted on January 28, 2009 by Lizette Pirtle
Community Development is a general term used to describe practices used by civic leaders, local governments and concerned citizens to empower individuals within a community with skills and opportunities that will improve not only the social and economic conditions of the individual, but also those of their communities. Although most community development efforts focus on disadvantaged areas, its principles [...]
Posted on October 1, 2008 by Lizette Pirtle
Last August we finished creating the franchise system for Right TIme Kids, a childcare drop in center (http://www.righttimekids.com/). In this short time Right Time Kids has sold two 3-pack franchises. Congratulations! Right TIme Kids worked hard during the development of their franchise system to collect the names and contact information of those people who were [...]
International Expansion Experts
International Expansion Experts is a franchise consulting firm committed to creating and supporting successful franchising organizations. We are a boutique firm that customizes each project.
Our strengths are: caring personal service and a wealth of knowledge and practical experience. We are here to help you achieve your franchise success dreams.
Give us a call at 203-405-2140; there is no cost or obligation.
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