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A keep it simple - Franchise - Click To Read Article
The success of Microsoft has been to invest, effort in producing a good software package. That product is then duplicated across the globe onto every PC on every desk. That is the recipe for success that I try to copy in building a great franchise.
1) Have a long term goal in mind for your business.
2) Break the business down to the basics and build a working model with systems in place that have a proven track record.
3) Then find a way of marketing this to effectively copy the success on to others.
4) Harness the power of networking to build the brand far beyond what the original business on its own could have achieved.
Passive Income in a Franchise - Click To Read Article
For me the holy grail of any business venture is to create a passive income stream. What is the point of earning money, that one has to expend huge amounts of time and effort to achieve? This is even more important in a franchise.
What I have found helpful is to make passive income a conscious goal that, in turn makes other day to day decisions easier. I ask myself daily, "Does what I am doing help me reach my goal of growing my passive income, yes or no?"
Get your franchises website rating in the top 1% - Click To Read Article
Any business owner will know that having a website is crucial. What most seem
to fail at, is getting the website to perform well in all aspects of the site.
In other words: Good Content, Lots of traffic, Ready to buy customers and
Effective ways of making Money from the site.
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Andrew Edwards
(Visit Andrew's Website)
Andrew Edwards
www.face
-painting-fun.com
w
ww.sitesell.com/sellsafe20.html
Born in 1964, the son of a South African
gold mining manager, I grew up in the days
of the SA gold boom. I was lucky enough to
go to private schools while many others in
the apartheid era faced hardship and lack.
While I cannot complain about my schooling
one thing it never taught me has how to
run a business, let alone a national
franchise network. In 2003 after a long
career in the electronics corporate world,
I decided to "exit the rat race". I had
started my own sideline business in the
un-related party hire industry, and found
it a great learning experience. My
financial learning had just begun, as I
rapidly tried to increase my Financial IQ.
Success for me is defined as a delicate
balancing act, to keep all areas of life
whole and fulfilled. Success brings real
enemies and false friends, so for me
"success" in the American Dream definition
is not nearly enough. For me meaning,
purpose, fulfillment and wisdom are areas
that I hold dear. Money is only one of the
tools we need to learn to master in this
life.
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