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 … [Read more...]
Why Do Businesses Franchise?
November 18, 2010 by ·
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, … [Read more...]
Franchisee Success – Could it be all in the numbers?
October 25, 2010 by ·
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 … [Read more...]
Franchisors, Franchisees: Are You Grateful?
September 28, 2010 by ·
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 … [Read more...]
3 Reasons Why you should NOT Franchise your Business
September 20, 2010 by ·
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 … [Read more...]
Franchise Procedures vs. Franchise Support: The Fight is on– Or is It?
September 12, 2010 by ·
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 … [Read more...]
5 Ways to Resolve Conflict with your Franchisees
September 1, 2010 by ·
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 … [Read more...]
What’s the Makeup of a Franchisee?
July 9, 2010 by ·
Understanding the makeup of a franchisee is critical to your success as a franchisor. The first most important thing you must know about franchisees is that they are not like you; they are usually not true entrepreneurs. In fact, in general, true … [Read more...]
Franchisees, Franchisors: Do You Need a Surety Bond?
July 1, 2010 by ·
Fledgling franchisees and franchisors across the nation have a lot to juggle, from the new financial and time commitments to the potential strain on family and friends. In some registration states such as California, Illinois, Maryland and Virginia, … [Read more...]
Ladies: Are you ready to change that business suit for something more casual? Franchising may be the answer…
June 21, 2010 by ·
Not all franchise opportunities lend themselves to casual wear, however most do. Of course this is not a strong reason to quit your job and buy a franchise. There are many more important reasons why doing so can be the option you’ve been … [Read more...]
