Glenn Walford Articles

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Beware The Life Cycle Of A Franchise Business

I see a clear difference between the life cycle of a business and the life cycle of the owner of the business. Given that many franchises actually have a number of owners within their life cycle, it is pretty clear to me that in franchising, the business life cycle must for the most part be about the life cycle of the franchise owner and not the physical business. This is important as it has clear implications on how you should approach the buying of your franchise.

How Does A Franchise Owner Recover A Poor Relationship With Their Franchisor?

Its troubling to see many franchise owners who do not realize the full potential in their businesses because they do not fully utilize the resources and support available to them. That is troubling enough on its own, but when this happens because for some reason franchisee and franchisor do not get on very well because of past 'bad blood' then this is a totally avoidable tragedy. Everyone get over it and move on! I'll show you how here.

5 Principles That Grow Your Franchise Into A Thriving Money Tree

Overlay these 5 principles on your franchise business no matter the category and see how you rate. The simplest ideas are always the best, the most useful and more enjoyably to implement. This is my desire for these 'winners', but it takes a fair amount of honesty and commitment on your part to really make it work.

10 Profit Prodders For You In Your Franchise

A statement I'm fond of goes something like this "It takes the right message, from the right person at the right time..." for something to resonate with you and make a difference to what and how you do it. It may well be the same statement or message you have heard over and over again that now does it for you, but you actually haven't really 'listened' previously. In actual fact you may not have also been 'ready' to receive that message. Ten Profit Prodders may be the right message at the right time and I may well be the right person for you.

What Would Your Franchise Business Say If It Could Talk To You?

Exactly what would your business say to you if it could talk? The answers from every single owner would be intriguing I am certain. Many franchise consultants will attest to the fact that unfortunately a number of franchise owners carry on operating their businesses in ways that are often in spite of advice and suggestions that are given to them over a sustained period. This by no means applies to all owners, but applies to enough to make it of concern. What your business would say to you if it could speak should provoke a great deal of thought and re-assessment in you if you are serious about maximizing the franchise you have.

The 'No Brainer' To Franchise Success

Let's not over complicate things in your search for greater success with your franchise, as mostly the answer is staring you right in the face. To realize the absolute full potential of your franchise you must be an owner who is prepared to connect and engage in deep collaboration with your franchisor. This attitude and culture enables you to enjoy a mutually beneficial relationship and only while in a relationship of deep collaboration with your franchisor will you be able to fully leverage all of the resources available.

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About the Author: Glenn Walford

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Glenn Walford is getting right behind the millions of mum and dad business owners who have invested heavily in a franchise and are banking on it’s success. Glenn has worked directly with hundreds of franchise owners across several industry categories holding senior positions in several top franchise companies.

After this experience he created the 'must have' for franchise owners - the world first of its kind Shaking The Profits From Franchising book series and information website: www.ShakingFranchiseProfits.com . It brings together dozens of franchise experts in the one place providing highly detailed information on every aspect of growing an individual franchise business. The series is hitting the spot so well that editions for the USA and Indian franchise markets are in production now. Make contact to get involved in this ground breaking event!

Click here to visit Glenn's website.

More from Glenn Walford
What Would Your Franchise Business Say If It Could Talk To You
The No Brainer To Franchise Success
How Does A Franchise Owner Recover A Poor Relationship With Their Franchisor
10 Profit Prodders For You In Your Franchise
5 Principles That Grow Your Franchise Into A Thriving Money Tree

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