Posts Tagged ‘Franchise Business’
Lean Franchise: How to Grow Your Franchise Business
Evolving your current business into a thriving franchise is a more comprehensive process than most business owners realize. At its core, you are transitioning from selling your current products, such as bagels, to selling and training individuals on the dream of running your current business model. That’s a dramatic shift from your current role. Additionally,…
Read More5 Common Employee Concerns and How to Fix Them
When an employee isn’t happy at work, everyone is affected. Customers notice. Other team members pick up on the negativity. Ultimately, having an unhappy employee could lead to increased conflict and turnover—something every franchise owner tries to avoid. Here are five of the top employee concerns and how to fix them so they don’t hurt…
Read MoreHow Much Does a Franchise Cost?
So you’re ready to start a franchise. Congratulations! Still, one thing might be holding you back – the franchise cost associated with starting the business of your dreams. There’s more than meets the eye when it comes to starting a franchise. Here’s a more accurate look at what a franchise costs to start. #1. The…
Read MoreThe Pros and Cons of Owning Multiple Franchises
When you first open your franchise doors, you’re probably only considering opening one location. That’s the case for many franchise owners until they get a taste of the success that can come along with this career path. To continue the same success, many franchisees start to consider owning multiple franchises. Before you make your next…
Read MoreAvoid These 5 Mistakes New Franchise Owners Make
Considering opening a new franchise? You’re not alone. Franchise ownership is hot for a lot of reasons. You get to be your own boss, giving you more freedom and flexibility in your career. You also get a valuable head start when beginning your new venture because much of the market research, marketing and setup have…
Read More3 Things I Learned About Commercial Real Estate Opening New Franchise Locations
Having an extensive background in real estate law, I thought I was well prepared in helping the new PlayLive Nation franchisees navigate the challenges of securing a lease in different markets. Despite my experience, this process threw countless unexpected curve balls my way. To help other franchisors prepare, I wanted to share three things I…
Read MoreShould You Hire a Freelancer to Market a Franchise?
We’re living in a freelancer economy, according to Forbes. Should you hire a freelancer to market a franchise? The answer isn’t always clear. With 2016 just getting started, you might think hiring a freelancer could spur your franchise growth in the New Year. Here is a glimpse into the state of the current freelance market and a few…
Read More5 Mobile Apps to Keep You Productive in Your Franchise
Is your on-the-go lifestyle making it hard for you to keep up with your business? Technology is coming to the rescue. Your smartphone does more than call, text and email. It’s waiting to be filled with apps to help you do so much more for your franchise. Here are the top five mobile apps you…
Read MoreThe Top 6 Franchise Industries Right Now
Where do you start? You’re ready to embrace the freedom and excitement of owning a franchise, but how do you know which one is for you? There are many franchise opportunities available but not all of them are created equal. The best franchises to own are those that: Show a solid growth pattern year over year; Have…
Read MoreWhy Mobile Matters to Your Franchise
Franchises are in a unique position in the market. Your franchise feels like a corporation because there is a large corporate entity backing the business. However, it’s primarily local. You rely on your local customers to bring you business, patronize your shop, and help you earn the living you always imagined you would. You’re probably doing…
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