Hundreds of people choose every day to invest in their future and their dreams of becoming their own boss through the franchise ownership option.
Although entrepreneurship isn't for everyone, investing in a franchise is a lot easier than starting a business alone. When you invest in a franchise, you are investing in the concept, materials, plans, systems, brand name and so much more - already in place ...
Read MoreWelcome to Franchising and a whole new language! Below are 20 common terms and acronyms you will hear a lot of moving forward depending on which part of the Game you’re playing during your journey!
GAME 1
1. Franchisor
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Read MoreIn the early stages of considering a business for yourself, even just starting the process can be considered progress. While striving for perfection is good, waiting to proceed until perfection is achieved won't help you reach your goals.
You need a Coach to move forward in the progression of building your business future through franchising. As a Coach, I help aspiring entrepreneurs drop the word "aspiring" from their vocabulary. There is a correct process for searching, evaluating, ...
Read MoreFranchising seems easy, right? You pay a fee and in turn you get a business-in-a-box. A playbook to guide you at every turn. The answers to all future issues and a roadmap to profits while you sit back and do your best Scrooge McDuck impression counting your coin.
Well, sorry to break it to you. It’s going to take more effort than it seems and most ...
Read MoreIf you know of anyone who is afraid of bridges due to a lack of trust, they may choose a different, longer and more difficult route to reach their destination. Bridges can be scary indeed, especially if the construction isn't built correctly. For example, some bridges are built for bikes and pedestrians only. If a full-sized vehicle were to pass over a bridge such as this, the outcome more than likely would be devastating. As a franchise consultant, I help to build strong bridges between ...
Read MoreIt's time to stop procrastinating, get your business plans into shape, and find your best fit in franchising! If you have been thinking about a business for a while, but you're just not sure about the best way to get started, you are not alone. The good news is that franchising is where people turn when they don't want to go into business by themselves. When you invest in a franchise, the franchisor will be your "coach" and there to cheer you on. Franchisors will also guide you to accomplish ...
Read MoreAs a Certified Franchise Consultants (CFCs), I hear stories all the time about how those who choose to go into business by themselves have a difficult time in so many ways. Having to figure out all the new and ongoing business procedures - such as marketing, sales, budgeting, implementation, collections, and employee management, just to name a few, can be a difficult task for most people. This is one reason many turn to franchising when considering business ownership.
When comparing a ...
Read MoreSometimes in life we will experience unexpected circumstances. Wait. Always in life we will experience unexpected circumstances. The question is, how do we respond? Are you more of a pessimist, where you see the glass half-empty and focus on the negative stigma? Maybe you're an optimist and you see the glass half-full. Or you could be an opportunist and drink the water while the others argue over the glass being half-full or half-empty.
A certified franchise consultant is specifically ...
Read MoreWhether you are a veteran or know of one, all military veterans have different reasons for deciding to serve. For some, it is to serve their country or continue a family tradition; for others, it's for the benefit of using the GI Bill for a college education. The reason someone joins the service has no relevance to their service but has everything to do with their motivation.
During their first few weeks in the military, all veterans experience discipline, consequences of action, ...
Read MoreBe relentless and unapologetic with what makes you thrive! Too often we stray from our motivations and become influenced by the outside world. This can cloud our desires and pull us in different directions. If we lose the connection to what makes us thrive, we find ourselves bouncing from one person's opinion to another's until we start second-guessing ourselves and losing sight of our mission.
As business owners and entrepreneurs, we can also be easily distracted by a seemingly ...
Read MoreAs we steam into 2022, many are looking for that sure-thing, that fail-proof bet, or that cash-cow opportunity. While those descriptors over simplify franchising a bit, I understand where these terms and questions comes from - our goals! What lies behind these words are a desire to find a dependable, performing, long-term brand in a strong, upward-trending industry. Not an easy thing to find!
In 2022, we are looking to the following industries for rebounds and growth:pet ...
Read MoreFor many years, I wanted to own my own business. I was intrigued by the idea of being my own boss, having uncapped earnings potential, and experiencing lifestyle freedom like I saw in the movies or read in business books. I distinctly remember delivering pizzas one summer for a Dominos franchisee and talking to my General Manager who was just promoted to a “multi-unit” management position for a franchisee who owned 10 locations. I thought to myself, wow, I would like to be the ...
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