Franchise Articles

Aug 16, 2016

Going for Gold in Brazil

Brazil is now the center of the sporting world as Rio de Janeiro is hosting the XXXI Olympic Games and, as it is usually the case, the host country gains notoriety far beyond the matches, the meets...

Aug 15, 2016

The Value of Conflict

For 20 years I worked for a guy who often said, “If two people in business agree on everything, one of them is unnecessary”. It was his way of saying that he wanted his team to express a different...

Aug 15, 2016

Beyond the Franchise Training Manual

Franchisors offer extensive training system-- Product knowledge, Operations, Accounting, and Marketing. Everything you need to know about their franchise system is fused into a formal training...

Aug 12, 2016

One of the Most Important Items in the Franchise...

When considering a franchise opportunity, a key component of the franchise evaluation process is reviewing the Franchise Disclosure Document. There are 23 Items in a Franchise Disclosure Document...

Aug 10, 2016

Getting Ready to Get Ready

So you’ve overcome the hurdle of actually doing something about your desire to explore owning a business. Congratulations! Over the past few years off and on you have attended business shows,...

Aug 9, 2016

Risk Management Tips to Ensure a Safe Environment

Employees are an essential element to any business. Ensuring those same employees are working in a safe environment is equally important. The leading categories of injuries in the workplace are...

Aug 9, 2016

How Much Money is Required For Your Franchisees to...

You know I’ve come up with a system that took me over 10 years to figure out and I’ve done it already with 29 companies. I want to take local marketing dollars required by franchisees...

Aug 4, 2016

5 Ways to Strengthen Brand Loyalty on Social Media

How are you ensuring your brand continues to stand out, and the loyalty of your existing clients? U.S. adults spent 10 hours and 39 minutes a day consuming media in the first quarter of...

Aug 4, 2016

How to Buy a Franchise Utilizing your Retirement...

You’re interested in opening a franchise, but how will you fund it? For most aspiring entrepreneurs, finding the funding to start a franchise or business is one of the biggest upfront challenges...

Aug 2, 2016

Top 5 Things Franchisees Must Do To Finish Strong...

Last month I wrote about what all franchisees need to do before taking a (well deserved) break so that you don’t come back to a lawsuit or staff you don’t recognize. Been there, done that....

Aug 2, 2016

You Have Access to Your POS Data, Now What?

This is the third article in a three-part series that focuses on the power and complexity of franchise data. The first article discussed the challenges franchises face with accessing and using...

Aug 2, 2016

5 Steps to Perfecting Your Business System to...

HAVE YOU PERFECTED YOUR BUSINESS SYSTEM? WONDERED IF YOU SHOULD OR COULD VENTURE INTO THE FRANCHISE WORLD? So you have a successful business with a single or multiple locations and...

Jul 15, 2016

Do Your Employees Know Who They Work For?

In a recent series of research projects conducted by the International Franchise Association, one of the more surprising findings was that most employees of...

Jul 14, 2016

Where to Find the Best Hourly Employees – Part II

As we mentioned in our last column, the best sources of new hires have changed very little over the past 25 years and the hands-down best sources of great new employees are still re-recruiting...

Jul 12, 2016

Join the Plug n’ Play Revolution

Screw Henry Ford Screw Henry Ford we are no longer in the industrial age. Who wants to be yet another cog in the wheel? Henry, as you know popularized the assembly line and mass...

Jul 8, 2016

To Head Lease or not to Head Lease

In the franchise industry, the franchisor or the franchisee could sign the “head lease” with the landlord. By doing so, either party becomes the “head tenant”. Whoever signs the head lease...

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