Franchise of the Month
Make Fear Your Friend
Fear.. We are all exposed to it in varying amounts of intensity at times. We have all experienced it since childhood. And as adults, fear can sometimes keep us up at night. Our fears change over time. Children are afraid of monsters under the bed or getting into an...
The Only Reason to Buy a Business is to Sell a Business
Think About the End at the Start Often I discuss with potential franchisees when we meet not only how to start owning and operating a business, but planning their strategic exit as well. This shocks some people, because they’re just starting to explore the business...
Your Road Map for Investing in a Franchise
When you are investigating a franchise or any business opportunities, it’s important to be committed to doing a lot of legwork. Remember when you are speaking with a franchise, you are either speaking to the franchise development team or directly with the owner in...
How to Run a Family Business and Not Kill Each Other
Summertime evokes blissful images of family road trips, cookouts, and kids out of school for a few months. But maybe this is a little too much family time for you this summer. Now, just imagine if you owned a family business and worked with them! It may surprise you...
I Love you, I don’t need you, I love you!
Every relationship has its struggles and its triumphs. These trials can be as difficult as they are rewarding. The relationship between a franchisee and a franchisor is no different. An oft-cited scientific paper(1) sought to understand overall franchisee satisfaction...
Are you ready for business ownership?
After a frustrating day at the office, you may picture yourself owning your own business. That thought is exciting and may seem more fulfilling than working for someone else. Perhaps you've always had an idea for starting a business or have recently discovered an...
The Four Important Elements You Need to Consider When Choosing a Franchise
You have made the decision to explore franchising opportunities, and maybe even have some idea of what kind of franchise you would like to operate. Maybe you are ready to own your own business after climbing the corporate ladder - and you now want to control your own...