Expert Advice
We know that timely, professional advice is crucial to
making smart business decisions.
Our Expert Advice Articles are written by industry leaders with proven experience in the franchising sector. Our experts cover financial, accounting and legal issues in addition to sound business strategies to help you succeed.
Investor Franchises Who Are They Built For?
Franchising has gone through a series of evolutionary stages, the latest is finally upon us. The investor passive franchise ownership model has been picked up and adopted from the market segment that it was developed in and is rolling out across franchising. This is...
A New Way to Plan for Exceptional Franchise Success in 2023
Sometimes franchises reach new heights of success when they plan and execute major changes. They change their product offering, expand into new countries, add new lines of business, or implement major new marketing programs. But I would like to offer my opinion that...
Becoming Empower Brands
Last week, I had the enormous pleasure of introducing our organization for the first time as Empower Brands. This rebranding effectively takes the unification of what was once Lynx Franchising and Outdoor Living Brands to the next level. It has since been a whirlwind...
The Franchise Whales Among Us
Whale: A term borrowed from the casino industry and often applied to the segment of franchise owners that own, or have recently liquidated, large portfolios of existing franchise units. These are the experienced players, the proven performers, that have worked a...
7 Steps for Superior Decision Making
CEOs make critical decisions daily, and franchise owners face the same questions. Good decision-making in business and life is a learned skill you can practice immediately. This article focuses on the decisions we make consciously. This article isn't a discussion...
Why Franchising is Still the Best Choice
The business model of franchising is one that continues to be relevant no matter the time or challenge. Franchising allows the prospective business owner the opportunity to get into business for themselves, but not by themselves. The franchisor develops a brand with...
Reasons to Choose an Automotive Franchise as Your Next Investment
If you are someone considering franchise investment, an automotive franchise may be the right road. These franchises offer a fantastic opportunity to step into a stable, lucrative industry. Statistics tell us that if you’re reading these words, your household most...
4 Daily Habits to Keep Your Youthful Curiosity
Opening your new franchise is exciting, and the amount of learning in a short period keeps a new franchise owner engaged. So how do you keep your enthusiasm after the second or third year? The systems you and your team designed are working, your business is providing...
Great Players Have Great Coaches
This is a fun time of year for sports fans: Baseball is in the playoffs, Hockey is starting a new season and we have both college as well as professional football. What is the common thread among all of them? Coaches help them pursue success! And not just one coach,...
Why Surveying Your Franchise Owners Is a Key to Franchise Success
Would you like your franchisees to feel more engaged and valued by your organization? Would you like them to know that their suggestions and ideas are being heard and are making a difference? If you would like to reach those goals – and I believe that you would – I...