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Many people choose the franchise industry because they’re tired of working for someone else. They don’t want to spend eight to 12 hours a day in an office. They don’t want to miss out on their kids’ special events. They want to enjoy the financial rewards of their...
The franchise market offers a diverse range of opportunities, catering to entrepreneurs with varying budgets and investment capacities. Particularly in today’s market, the growth of “micro-businesses” and franchises has opened up doors for a much wider range of...
Many Franchisors are rapidly expanding internationally with their well-established US based systems, and need good information to base their decisions on. They have invested in having rules for their site selection and having their territories done properly for their...
In October 2023, the National Labor Relations Board (NLRB) issued a new standard for addressing joint employer status, and the impact on the franchise sector will be significant. Under the new standard, an employer may be considered a “joint employer” with (an)other...
One of my very good friends, Jerry Ellner, was an outstanding salesperson. It seemed no matter what he was selling, he figured out how to be the best in the world at doing so. He had a secret that was so different and unintuitive that it would likely shock you....
Imagine the business you've created that owns a franchise or multiple units, adding value to everyone you touch. Vendors benefit from your company's growth, employees earn an income, benefits, and added purpose that comes with helping others have a great day, and the...
Introduction As a former franchise owner, I have navigated the sometimes-turbulent waters of the franchising world. In my journey, I've faced challenges and learned valuable lessons on how to overcome obstacles and ensure that both franchisees and franchisors maintain...
The landscape of franchising has expanded beyond traditional sectors, and the white-collar professional service franchise market has emerged as a dynamic and thriving segment. This comprehensive overview delves into the intricacies of the white-collar professional...
Are you feeling overwhelmed with your to-do list? You're not alone. During a recent conversation, a client commented, "Add that to my 40 things to do today." Let's dive into 2 strategies that prioritize tasks and shed light on opportunities for growth and...
Many franchises seem to undervalue the benefits of training. The reason could be that they don’t realize that every dollar spent on training can offer a tremendous ROI. Training can quadruple sales, supercharge customer satisfaction, and repeat business, result in...