For newly minted franchisees and small business owners, the grand opening and launch of a new venture can be an exciting but overwhelming time. But once the dust settles and the fanfare dies down, it’s time to get down to the day-to-day duties of running a business of...
Franchising has long been a cornerstone of the American economy, offering unique opportunities for entrepreneurs and established businesses alike. As we look ahead to the next ten years, the U.S. franchising landscape is poised to undergo significant changes, driven...
“Know thyself.” – Socrates As a franchise owner, your self-awareness is the compass guiding your leadership. It involves an understanding of one’s strengths and weaknesses, coupled with an accurate perception of the impact on others....
With more than 4,000 franchise concepts on the market today, the struggle to recruit qualified entrepreneurial candidates and close new deals on awarded units and territories is more competitive than ever before. For franchise sales organizations, whose job is to...
Imagine this: When I recently caught up with John, the president of a large manufacturing company, he dropped a bombshell when he told me, “We don’t create a career plan for every employee. Who has the time? The smarter people figure out how to get ahead...
