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S.C.O.R.E Your Franchise - Click To Read Article
As a franchise owner, you have a multifaceted position…and you consider yourself to be very good at accomplishing the tasks associated with business ownership. You find yourself to be very busy “working your business”…but are you busy with tasks, or are you busy building your client base and strengthening the business you already have? If you find yourself to be very “busy” but not attaining the revenue results you want for your franchise, that’s when you know it’s time to S.C.O.R.E your business.
Positioning Your Franchisees for Success - Click To Read Article
According to Michael Gerber, author of The E-Myth Revisited, one million small businesses are started every year. Statistically, 40% of them will fail within the 1st year, escalating to an 80% fail rate within the first five years. Of those fortunate enough to have survived up to that point, 80% additional business will be closing their doors over the duration of the next five years.
Franchising: Give Yourself a Chance - Click To Read Article
Everyone wants to be there own boss. The desire runs deep in America and with big business downsizing and outsourcing and sending jobs overseas, the demand for top franchises and business opportunities is only going to increase.
These aspiring entrepreneurs, in all likelihood, have never owned a business and as a result look to franchises with a proven business model as a possible alternative to starting a business on there own.
Stepping Into the Role - Click To Read Article
The I’s are dotted, the T’s are crossed, the papers are signed. You are a proud, new owner of a promising franchise! You are completely exhilarated about this new opportunity, finding yourself passionate about your work…perhaps for the first time in your life.
Which Franchise Concepts Can Stand the Test of Time - Click To Read Article
In recent years, we've seen hundreds of new franchise concepts registered. Many of the concepts have a good chance of being around for a long time. Some have a better chance than others. We'll examine which opportunities have longer legs.
Prioritizing Your Responsibilities - Click To Read Article
Once upon a time there were two business owners, Jane and Joe. They owned identical franchises, marketed their business in similar ways, and worked the same number of hours every week. But the success each experienced was vastly different.
Do You Have the Right Stuff to be a Franchise Owner - Click To Read Article
In the early 1980’s, there was an outpouring of magazine and newspaper articles that were titled “Do you have the right stuff to be a franchise owner?” The articles described the most important personality traits of entrepreneurs and franchise owners and offered a self-evaluation
exercise to enable readers to determine if they had the right stuff.
Franchising...Where Do You Start? - Click To Read Article
A Short Story...
Your Decision to Buy Your Own Franchise Business
If you’re reading this article, you’re likely interested in buying a franchise business. You’re also probably not sure what to expect as you venture into the universe of franchises that might be available to you. I could put together some sort of list for you to follow but I thought for this report I would ask you to use your imagination. I will describe the process, the experience you will have, but through an imaginary set of eyes. Please, follow along with me as I describe the process, even though your situation might be slightly different. Most of the adventure will mirror what you are trying to accomplish and the experiences that follow.
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