Building Residual Income By Franchising Your Business

Strategy Driven

Franchising is a the ultimate definition of scale where a business owner removes themselves completely from operational responsibilities in order to become a coach to others who wish to enter the world of entrepreneurship.

Start-ups, Franchises, Venture Capitalists Oh My!

Women on Business

Top 100 Franchises. AllBusiness AllStar Franchise released winners for the fourth annual “best of the best” franchises of 2012. If you’re looking into Franchises click here to read the full list of the top 100 franchises for 2012.

Trending Sources

He Forgot How Much He Mattered

Leadership Freak

We were having coffee and chatting in one of his franchise restaurants. Appreciation Communication Encouragement Feedback Leading Taking others higher breakfast sandwich franchise restaurants Leadership Leadership Development Their faces dropped when Doug walked past the cash registers, around the corner, and out of sight. He carried a breakfast sandwich in his right hand. Moments before he’d said to me, “Look at this.”

The Social Franchise Model Works in Times of Uncertainty

Harvard Business Review

When my organization, Education For Employment , began operations in 2006 as a demand-driven answer to Arab youth unemployment, I felt that creating a social franchise model was the best way to meaningfully address an issue of this scale. One hundred million.

The Kid: A book review by Bob Morris

First Friday Book Synopsis

Marine Corps Washington Senators/Texas Rangers franchise Woodrow Wilson (Berg The Kid: The Immortal Life of Ted Williams Ben Bradlee, Jr. Little, Brown and Company (2014) A brilliant examination of a Hall of Fame career and of an “exceptional, tumultuous, and epic American life – an immortal life.” I am among the 200 reviewers (thus far) who have rated this book highly but there are […].

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Are You A “Ricky Bobby” Leader?

Lead Change Blog

Author information Page Cole Owner, Visiting Angels of Green Country(non-medical homecare franchise). We want to succeed… we want our people to succeed… we want our organization to succeed! Ricky Bobby said it best in Talladega Nights. “If If you’re not first, you’re last!” But do you know who said, “Second place is just first loser!”? No, not Ricky Bobby again! It was Dale Earnhardt Sr., named among NASCAR’s [.]

Excellence

Six Disciplines

We can learn much about achieving excellence—not only for our customers, but for ourselves—by taking a lesson from franchises. The franchising concept has been wildly successful over the past 40 years. The appeal of a franchise is rooted in two promises. The point isn’t that all businesses should be franchised; the point is that all businesses would benefit from taking the same holistic approach to excellence that franchises take.

Dear McDonald’s, It’s Not About the Burgers (or even the Yogurt)

Lead Change Blog

Excerpts from a leadership webcast to franchise owners warned that “1:5 [.]. Posted in Leadership Development A recent Wall Street Journal article, McDonald’s Tackles Service Woes, describes McDonald’s continued economic and customer service challenges. McDonalds Corp., battling back from recent earnings disappointments, is putting unusual emphasis on a long-time challenge: getting it’s far flung workforce to provide service with a smile.”

How to Have a Killer Brand

Management Craft

James Bond is one of most successful of all movie franchises. By examining how the franchise has achieved such terrific branding success, David Brier came up with ways for your company to duplicate that success.

Daniel Roberts: An interview by Bob Morris

First Friday Book Synopsis

He is the lead reporter on the magazine’s 40 Under 40 franchise. Daniel Roberts is a writer-reporter at Fortune, where he has worked since 2010. He has also written for a wide range of other publications, in print and online, including Sports Illustrated, Salon, and The Daily Beast. He has reported news for the Wall […].

The Day an Exec Showed Me Up

Nathan Magnuson

Several years ago when I was in graduate school, I invested a summer at a major restaurant franchise with the hopes of landing a corporate role after I graduated.

Reasons or Excuses – Do Yours Pass the SMELL Test?

Lead Change Blog

Author information Page Cole Owner, Visiting Angels of Green Country(non-medical homecare franchise). We’re all going to fail or let someone down sooner or later. The cause of our failure may be legitimate, or it may not. As much as leaders want results, they despise excuses even more. A trust relationship can be destroyed in an instant, and the weapon of its demise is an excuse. I remember [.]

The Disney Recipe

First Friday Book Synopsis

Bob''s blog entries a corporate theory of sustained growth ESPN franchise Harvard Business Review HBR Blog Network HBR email alerts Jeffrey Katzenberg Robert and Barbara Frick Professor of Business Strategy at Washington University in St. Here is an excerpt from an article written by Todd Zenger for Harvard Business Review and the HBR Blog Network.

My Friend Who Was On Undercover Boss Has Something Important to Tell You

Steve Farber

Bryon Stephens is the president of Marco’s Pizza , one of the fastest growing food franchises in the US with over 800 stores and 1/2 billion dollars in revenue.

Dare to Serve: How to Drive Superior Results by Serving Others

QAspire

In 2007, Cheryl Bachelder was hired to turn around the business situation that reeled with poor customer service, dwindling sales and troubled relationships with franchise owners. “The first responsibility of a leader is to define reality. The last is to say ‘Thank You’.

How Great Leaders Value People

Lead Change Blog

The brand suffered, and franchise owners were running around with their hair on fire. Organizations of all sizes and industries are reimagining work cultures in this relationship economy. It’s all about the people.

Excellence

Six Disciplines

We can learn much about achieving excellence—not only for our customers, but for ourselves—by taking a lesson from franchises. The franchising concept has been wildly successful over the past 40 years. The appeal of a franchise is rooted in two promises. The point isn’t that all businesses should be franchised; the point is that all businesses would benefit from taking the same holistic approach to excellence that franchises take.

Entrepreneur, Innovator, and Rebel

Execupundit

Check out this fascinating story of an Applebee's franchise

52 Ways To Avoid Giving An Immediate Answer

Lead Change Blog

Author information Page Cole Owner, Visiting Angels of Green Country(non-medical homecare franchise). Posted in Change Management Workplace Issues No one likes being pushed or bullied into making snap decisions.

Evolve As An Entrepreneur In 3 Simple Steps

Strategy Driven

Entrepreneurship is about constant evolution to transform yourself from a fresh-faced small business owner into a chiseled owner of multiple franchises. Photo courtesy of Pexels. Being an entrepreneur is not a career choice that means you can stay static.

Debunking Three Common Myths About Leadership from a Galaxy Far, Far Away

Great Leadership By Dan

Guest post by Brenda Corbett : The Star Wars franchise has seen numerous leaders, including great ones of the dreaded Dark Side. With Star Wars: The Force Awakens coming out late this year, we will see new and old leaders take the big screen with various styles of leaderships.

5 Critical Factors For Building The Right Team

Tanveer Naseer

Every General Manager of a sports franchise will tell you that building a great team is far from a science. The following is a guest piece from former Microsoft President and Chief Xbox Officer, Robbie Bach.

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4 Important Leadership Lessons From The Final Frontier

Tanveer Naseer

If you’re a Star Trek fan like myself, then you know this week marks a historic milestone for this science fiction cultural phenomenon.

Brand Real

CEO Blog

We like consistency and good brands (like many franchises) deliver that comfort. I love Branding. Brand to a company is like reputation is to a person. Like reputation - it can be invaluable and like reputation, it can be easily destroyed. Reputation requires consistency. Brand does also.

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Don’t Eliminate Tension, Harness it

Steve Farber

1 place to work in Minnesota for four consecutive years, and more than 3,000 people – franchise owners, employees, and club members – have gotten the company’s running man logo tattooed on their skin. Runyon points out that it’s all-too-easy for him to focus on growing the number of gyms operating around the world and neglect franchise owners in small towns or the members who show up looking for new ways to improve their health.

The Secret to Success- Surprising Advice from Maya Angelou

Lead Change Blog

Author information Page Cole Owner, Visiting Angels of Green Country(non-medical homecare franchise). Mayo Angelou was more than a poet, more than a teacher or an author. Her insights on life, love and facing the challenges in life qualify her as oracle in her time. When we consider the great thinkers of the past, we often hear lofty challenges to self-sacrifice and reckless abandon. Their calls to action [.]

Learning from the Innovation Leaders

Great Leadership By Dan

Their answer was Curves—a women-only club which is now the world’s largest fitness franchise chain. Guest post from Rowan Gibson : Not since the dawn of the Industrial Revolution has there been a greater need to learn the art of innovation leadership.

5 Challenges for Your Living Tombstone

Lead Change Blog

Author information Page Cole Owner, Visiting Angels of Green Country(non-medical homecare franchise). Posted in Self Leadership “What do you want written on your tombstone?” ” The question has been posed over and over, challenging people to pause and consider what they want their lives and legacy to ultimately be. There are so many things that could be said… “He was a good man… I told you I was sick… She [.]

High-Potential Leaders

Coaching Tip

Source: Ram Charan: The High Potential Leader: How to Grow Fast, Take on New Responsibilities, and Make an Impact (J-B US non-Franchise Leadership). What "High Potential" Means Now. Everyone has potential to grow, but not everyone, has the potential to lead a large, complex organization in the near and distant future. Today's high potential leaders, or "hipos," must be able to identify the untapped opportunities their companies will pursue and mobilize in the organization.

What Connects Coca-Cola, Lego, In-N-Out, Intuit, and Nike? Focus.

In the CEO Afterlife

They’ve never franchised. Complexity has many definitions; excessive complication is the simplest. In today’s business, chronic complexity is stifling, stagnating, and bringing companies to their knees. This is why we hear so much about focus from C-suites and corporate boards.

22 Leadership Lessons And Quotes From The Fate Of The Furious

Joseph Lalonde

Two years ago I shared leadership lessons from Furious 7 … And now we’re on the eighth movie in the franchise. Dom and Letty are a couple in The Fast And The Furious franchise of movies. The movie was another solid entry in The Fast And The Furious franchise.

What You Do Actually Matters – Consider Nolan Ryan’s Leadership

First Friday Book Synopsis

They also just set a season attendance record for the franchise. The Texas Rangers just won their division, and are preparing for the playoffs. (Go, Go, Rangers!). So, a lot of good things are going on with the Rangers. A key reason is the leadership of Nolan Ryan. On Fox Sports Southwest broadcasts of the Rangers’ [.]. Randy's blog entries Leadership Nolan Ryan Ruth Ryan Texas Rangers

Ray Kroc - Visionary Leadership

Orrin Woodward

What happened on Ray Kroc’s California boondoggle changed the course of franchising history. The following is a portion of an article that will be posted in full on the TEAM site. Ray Kroc was a visionary leader who made an impact through his unyielding determination to finish what he started. God Bless, Orrin Woodward Early in 1954, a 52 year old salesman, whose business had plummeted from 9,000 mixers per year sold in the late 1940‘s units to under 2,000, contemplated his future plans.

Choosing The Perfect Business Partner

Women on Business

He mentioned that he had a friend who had franchising experience and offered to introduce us. Our business relationship started with email and phone conversations: she was incredibly forthcoming with franchise and business advice.

Do we really need a policy stating ‘Employees Cannot Wear Shorts to Work’?

Create Learning

While consulting and coaching a group of Senior Management that lead a retail franchise. Many companies and managers think that what they are doing and the choices they make increase trust. While in reality they only reinforce the suspicion that already exists.

What hope for UK business when #mentoring education fails?

Rapid BI

What hope for UK business when #mentoring education fails The UK Department for Business, Innovation and Skills (BIS), after the closure of the Business Link franchise, is pinning it's hopes on volunteer mentoring for developing entrepreneurship and U.

Escaping the Black Hole of Can’t

Terry Starbucker

Jack Kent Cooke. “It can’t be done” How many times have we heard that in our lifetimes? And worse yet, how many times has the utterance of that sentence out loud sent the utterer and all those within earshot down a huge black hole of negativism? Too many times, I know.

How to Get Off to a Fast Start in 2012

First Friday Book Synopsis

Examples: • ServiceMaster (Its franchise [.]. These are not head-snapping revelations. Everything that follows is simply common sense. The suggestions are provided in the spirit of Benjamin Franklin whom Walter Isaacson characterizes as “America’s first Yuppie.” ” Here are ten (10) attitudes, strategies, and initiatives to consider: 1. Make sure everyone knows what the core business is.

Ten Types of Organizational Change

Change Starts Here

To push decision-making authority closer to the customer, a restaurant chain modified its franchise management structure, redefining roles and responsibilities across its many locations. Organizational change, or the change that happens at work, encompasses many different types of projects.

The Nine Forms of Generic Vision That Stifle Practically Every Church

Ron Edmondson

I would label three expressions of this intent as follows: • Serve as a franchise vision. This is a guest post by my friend Will Mancini. Will is one of the best church strategy and vision guys I’ve met. Check out his new book – God Dreams.