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Entries Tagged as 'FRANCHSIORS'

Help for Franchisors in selecting the right Franchisee

December 31st, 2008 · No Comments

Everyone knows that it really pays off to explore if a franchise candidate is suited to your business. The question is: “Does it pay to spend as much time investigating the partners of a franchise candidate?” Married partners….. so-called “silent” partners…. working partners, you get the idea.
The short answer is - a resounding “Yes!”. The [...]

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Tags: FRANCHSIORS

What does it take to establish a Successful Franchise?

December 29th, 2008 · No Comments

By: Gen Wright
Now that it already becomes prevalent to most countries’ commercial affairs the franchising business, how would an ordinary business person do away from unsuccessful attempts to flourish in his own chosen venture?
What does it take to establish a successful franchise?
Since franchising is a type of business where an individual uses the methods and [...]

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Tags: Business Plans · Entrepreneurs · FRANCHSIORS · For Franchisees:

Franchisees - Personality or Core Value?

October 28th, 2008 · No Comments

Let’s try an experiment this month. Pick your 10 best franchisees. Describe their personalities. Are they all the same? Or are they all different? If you’re like most franchisors, you’ll say that they are all different.
Now, look at your corporate culture. Is it the same as other franchisors you know? Of course not.
Franchisees are not [...]

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Tags: FRANCHSIORS

Six Reasons Why Business Franchising Works

September 28th, 2008 · No Comments

By: Naz Daud
Franchising can allow your business to grow at rapid pace, and gain a presence in new markets. Although there are disadvantages to franchising your business, and although it will not suit all business models, franchising is often an under-used tool among business owners that are looking to scale their operation. Following are six [...]

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Tags: Entrepreneurs · FRANCHSIORS · Organization · Strategy

Franchising Your Business & What To Look For In Franchisees

September 16th, 2008 · No Comments

By: Naz Daud
Franchising your business can help you to achieve scale much quicker than you would otherwise be able to. It also means that you won’t have to raise as much debt and equity financing as if your business decided to go it alone. But, even if you’re sure that franchising is right for your [...]

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Tags: Entrepreneurs · FRANCHSIORS

Are you sitting on a Goldmine?

September 12th, 2008 · No Comments

Are you sitting on a Goldmine?
By The Franchise Strategist
If you run a successful business and your customers, friends and family are convinced that you have goldmine, then your business may be perfect to become a franchise. We can evaluate your business to determine if its “franchiseable?” We can create a brand identity, develop all the [...]

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Tags: Entrepreneurs · FRANCHSIORS

FRANCHISE MONEY MAKER Named One of The Top 50 Blogs Posts on Franchising In 2008

September 7th, 2008 · No Comments

The Top 50 Blogs Posts on Franchising In 2008

Many entrepreneurs are turning to opening a franchise as a way to build their own companies while taking on a proven business model. Franchisors offer their time tested methods and business practices as a way to grow their companies, while the franchisees pay an upfront fee [...]

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Tags: Entrepreneurs · FRANCHSIORS · Franchise Money Maker · General Topics

When Following-the-Leader Gets Your Business in Trouble.

August 13th, 2008 · No Comments

By: Mark Silver
On a hot summer day in the early 1990’s, I was standing in the middle of a California freeway. Four cars were piled up around me, and ambulances, fire engines, and the California Highway Patrol were arriving one after the other.
Our paramedic unit had parked where the first-in unit had told us to [...]

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Tags: FRANCHSIORS · Strategy

Business Franchising Territories

July 11th, 2008 · No Comments

This article is written and owned by Naz Daud
Business franchising arrangements are usually conducted on the basis of a particular geographic area or territory. The franchisee breaks up the licensing of his business between different franchising territories, to ensure there’s no overlap of competition between franchises and to geographically grow the business nation wide or [...]

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Tags: FRANCHSIORS · For Franchisees: · Location Advice

Use Organization Strategy to Drive Project Portfolio Management

July 3rd, 2008 · No Comments

This article is written and owned by John Reiling
Business or organizational strategy is intended to drive
all decisions within an organization. It provides a
direction, a rallying point, and a litmus test for
decisions at all levels. Hence, it only stands to reason
that strategy would drive the projects, programs, and the
project portfolio management process. [...]

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Tags: Entrepreneurs · FRANCHSIORS · Financing your Business · Organization