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.
Franchisee to Professional Executive: What, Why and How?
Successful franchise owners understand they need to be more than the operations manager following the franchisor’s playbook. You are the CEO of your business. Successful franchise owners are professional managers (executives). You have similar goals, challenges and...
Why 2021 May Be the Year to Franchise Your Business
Blood, sweat, and tears went into that business of yours. Hours upon hours of negotiations, planning, decision-making, and the like are the foundation of your operation — 2021 is the year to make your business worth more.
OPPORTUNITIES ABOUND FOR WOMEN IN FRANCHISHING
A century ago, the concept of women-owned business was a novel idea. Although it took many years to get to this point, woman owned franchises are common in 2021. I estimate that just about half the people I work with as a franchise coach are women. For a woman who...
Workforce GPS – A Roadmap to Filling Your Team
Where did all the available workforce go? Doesn’t it seem like just a few weeks ago, people were lined up outside your business to put in an application for employment? Wasn’t it just a few weeks ago that even the most established and tenured workers were suddenly out...
USE PR TO POSITION YOUR FRANCHISE FOR ACQUISITION
Creating maximum value for your franchise brand is especially important when you are considering selling. The problem is, most franchise brands have very little experience amplifying their franchise’s worth in a short period of time, with the express intention of...
THE RISE OF BOUTIQUE FITNESS FRANCHISING
The COVID-19 pandemic has energized the health and wellness industry across the board. From healthy eating concepts to fitness centers, people are proactively taking more control of their health and lives through healthy living. But the pandemic didn’t start the...
TRENDING FRANCHISES
Are you considering purchasing and owning a franchise business yourself? Which franchises are best suited for your budget and skill set? Which franchises are the safest bet? We share some of the latest trends. Buying a franchise can be a viable alternative to starting...
3 KEY STEPS YOUR FRANCHISE’S FACEBOOK STRATEGY IS MISSING
Last month, one of our fitness franchise clients told his assigned team that he wanted to exit our 12-month agreement for paid social media marketing after only three months. The relationship was strong out of the gate, we had just travelled across the country to meet...
Culture, Values and Opportunity
Among the things changed by Covid is how we view work and how we prioritize the things employees always told people were more important to them than their jobs. This impacts the franchise industry in two different ways: Finding the employees owners will need to build...
Home Services Franchises is Where The Heart is
For much of 2020 the world was on pause, families focused on the basics and put a halt to much of their discretionary spending. Although it was a difficult time for us all, it created a positive financial opportunity some. Business owners running home service...