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.
Benefits of Franchising
There are many benefits to franchising, a system that enables an individual to own a small business, using an existing brand, in order to compete more effectively in their local market. Unlike a traditional small business model, in franchising, you are in business for...
Use the Power of Mentoring to Boost Your Franchise’s Success
I would like to start this article with statements that summarize comments I have heard from many franchise executives over the years . . . The bad . . . “We tried mentoring and it didn’t work, “The mentors are telling their mentees to go outside the...
You May Not Want Zero Down In-House Financing
Wait, why not? Sounds great. Here’s what franchise companies are up to. Over the past 30 years I have seen franchisors offer various forms of financial support to new and existing franchisees. The most simple levels of financial support often begin with some form of...
7 Steps to Maximize Employee Engagement
Why are some franchisees successful and others aren’t? They all have the same operations manual and business model. One determination of success is how franchisees engage with their team. It is costly to lose great employees and keeps your franchise from growing...
Professional Presence
4 Pillars Set Your “Perfect” Foundation Justin Thomas strives for a perfect round of golf in each round of every tournament he plays. Breaking it down further, each swing that shapes the shot, each read of the green before a putt, each wind effect estimation must be...
Hot Franchise Trends for 2022
Summer 2022 has brought record highs across the country — but that’s not the only thing heating up this season. The franchise market has continued to experience highs with more and more people turning to business ownership for their future’s security. As we move into...
Six ways to manage franchisee underperformance
Potential franchisees are drawn to franchising to minimise their risk of going into business, and most of the time this works out well for all concerned. But sometimes it doesn’t. Sometimes franchisees run into difficulty and even go broke. This is obviously bad for...
Always In Demand
You may be wondering what businesses are customers calling on regardless of economic or other trends, those businesses that are always in demand. They are the businesses that consumers need to get through daily life, not the luxuries. Often times they will be the...
How to Dramatically Improve Your Conversations with Everyone You Supervise at Work
There is an unspoken topic that can diminish the quality of every conversation you have with the people you supervise - unless you take steps to prevent it. This topic is . . . You have made some mistakes and now I am going to tell you about them. ...
Legacy Brands Still Have Opportunities
You may be wondering if brands established years or even decades ago have growth opportunities for you to take advantage of. Let me answer that clearly: Yes! While I am often a big fan of emerging franchise brands with great leadership teams, much of that is about...







