Posts Tagged Franchising

The New Breed of Franchise Candidates – Who Are They?

Posted on December 28, 2011 by Brian Miller

The New Career Economy® is much different than what our parents’ generation experienced. Long gone is the era of working for Corporate America for 30 or 40 years toculminate our careers with gold watches and the security of retirement plans and a strong Social Security system. Unemployment rates have continued to rise in the last [...]

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How Can Franchisors and Franchisees Benefit from a Mastermind Group?

Posted on September 18, 2011 by Brian Miller

It was over 20 years ago when I first read Think and Grow Rich by Napoleon Hill., I have reread this life altering little book on many occasions, always discovering something new and relevant. One of the most influential concepts that this book brings forth is that of a “Master Mind Group” and its power [...]

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Disillusioned about Franchising?

Posted on January 24, 2011 by Lizette Pirtle

Throughout my 20 plus years of experienced in franchising I have taken several sabbaticals. These times of rest away from franchising have been driven by different events in my life and have lasted from just a few weeks to several months. Underlying these times has been a sense of disappointment. Late last year this feeling [...]

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Why Do Businesses Franchise?

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 [...]

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Franchisee Success – Could it be all in the numbers?

Posted on October 25, 2010 by Lizette Pirtle

During my first experience working in a franchising company I heard the voiced and common belief that franchisees are happy as long as they are making money. Now, after over 20 years of working in the franchise field, I know that the truth in this statement is not absolute. Although I also have  learned first [...]

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What’s Happening in Franchising?

Posted on October 22, 2010 by Lizette Pirtle

I love good news, period. I think that we create our own reality, so when I read a press release about CMIT Solutions I had to share the news with you. And, because I have worked with small businesses my entire career, I know how many of them disregard or become overwhelmed by record-keeping. So, [...]

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Franchisors, Franchisees: Are You Grateful?

Posted on September 28, 2010 by Lizette Pirtle

Gratitude is a positive emotion and a way of looking at the world that engenders a sense of well being. Studies have suggested that grateful people are happier, less stressed, and more satisfied with their lives and relationships. They are able to cope with difficulties in a more positive way, hence experience a sense of [...]

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3 Reasons Why you should NOT Franchise your Business

Posted on September 20, 2010 by Lizette Pirtle

Many small business owners have strong grounds to consider franchising as an option to grow their businesses; yet there are also many reasons why some entrepreneurs should stop before they make the same choice. Following are three main reasons why you should NOT consider franchising your business. Underfunding Franchising is expensive to launch. There are [...]

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Franchise Procedures vs. Franchise Support: The Fight is on– Or is It?

Posted on September 12, 2010 by Lizette Pirtle

A few weeks ago I commented on a colleague’s Facebook post agreeing with his argument to encourage franchisors to create and implement Social Media Policies and Procedures.  A franchisee of an unidentified brand also made a comment enraged at the original posting and at my agreement with it. Her argument was that franchisors should worry [...]

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5 Ways to Resolve Conflict with your Franchisees

Posted on September 1, 2010 by Lizette Pirtle

Conflict is not pleasant, but it seems to be part of all relationships at one point or another. In franchising, if conflict is left unchecked it can escalate to the legal arena where communication no longer can heal the differences. Therefore, like it or not, we must deal with conflict and seek ways to resolve [...]

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