Franchise Turnover Rates

A franchise’s turnover rate is the percentage of franchise locations that close in any given year. We found that about half the franchises in the data we checked had turnover rates of 10% or less.
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How to Save a $6MM Business

I love my students. They’re interesting people, hardworking, funny and talented. They come from interesting families too. Three months ago one of them asked me to speak to her parents about their business to see if we could get them on a more profitable path.
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Something for Nothing

Make sure your employees understand how they can affect the overall business picture. Expect them to think like an owner, and act like an owner. Give them an opportunity to use good judgement—you will be surprised by how well they do.
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5 Tasks to Outsource

Are you like many business owners who struggle to hand over control of a task by outsourcing it? You’re not alone. Yet outsourcing tasks to others can have a powerful impact on your company’s bottom line.
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