It’s an important question for franchisees who are trying to grow a business. After all, knowing where you are going is how you plan and grow!
As a former franchisor and franchisee for multiple brands, I can tell you with certainty that franchising works - and can create great opportunities for success.
But success is never guaranteed - and there are mistakes that franchisees can make along the way that can hurt their business' growth.
In my latest FranchiseWire article, I discuss four of the most common franchisee mistakes - and how to avoid them. You can check it out here: https://franchisewire.com/
Are You Ready to Make the Move From Founder to CEO?
There is an unseen phenomenon in businesses where the Founder - who worked so hard to start and build the company - suddenly becomes a roadblock to its future success.
Are franchise fees and royalties giving you sticker shock?
Over the past three months, we’ve experienced a lot of challenges - wow!
I love what I do - helping people get franchising right! And I want to do more! Those of you who know me, know that I’ve been a “reluctant consultant” in franchising for years, I like my work in speaking, coaching, and serving on boards...It's time now for me to grow my work and I’m building a system to scale and be more available. I'm working to expand my reach and positive impact to more people and franchise brands. I am becoming somewhat “less reluctant”, and focusing to be more educational, practical, and valuable. I am NOT matching buyers with franchise opportunities, rather, I am “Helping franchisors and franchisees reduce risks and improve results with levelheaded expertise”, that’s my new elevator pitch - what do you think?
Last month, we dove into the chaos of the COVID-19 CoronaVirus outbreak business shutdown and shared some ideas and tips to help franchise business owners. Much has happened in the past few weeks, and now I want to share ideas on taking steps to get ready for what’s next.
With the unexpected Covid 19 CoronaVirus outbreak, so much has changed over the past few weeks for everyone, including the franchise industry. Even though people and businesses were unprepared, we’ve seen a tremendous response on what can be done...
Just back from the IFA 2020 Convention in Orlando, what a blast! Attendance was at an all-time high for being at a non-Las Vegas location. Every year, it just keeps getting bigger and better, providing three plus solid days of top notch networking and learning opportunities for everyone, this year was no exception.
Just recently, I had the opportunity to be an “influencer” in franchising at the first ever FranConnect Influencer Discovery Day that took place back on December 18th and 19th. And I want to thank Keith Gerson, the President of FranConnect, for the invitation. This was my first time participating as an “influencer”, and I did not know what to expect - it was worthwhile, quite interesting, even educational and a lot of fun!
