article thumbnail

Is Buying a Franchise a Good Idea for Entrepreneurs?

Strategy Driven

So, should you consider a franchise? Franchise ownership is unique in that it affords the opportunity to own your own business while benefiting from the franchisor’s history, structure and support. Key Aspects of the Franchise Relationship for Entrepreneurs.

article thumbnail

Franchising – Is It Right for You?

Women on Business

Female Entrepreneurs Franchising Small Business business ownership Franchises franchising starting a businessWe've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link].

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Proven Steps to Start a Successful Franchise Business

Women on Business

Franchising Franchises starting a business starting a franchiseWe've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link].

article thumbnail

Why and How Women Make Successful Franchise Owners

Women on Business

Reader Submission franchising starting a franchiseWe've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link].

article thumbnail

Top Reasons to Consider Opening a Franchise

Strategy Driven

A common approach that people take on is to open a franchise of their own. Take a look at this list of other reasons to consider opening up a franchise. Franchises come with a clear set of rules and regulations of what you can and cannot do.

article thumbnail

The Power Dynamic Between Two Parties: Everything You Ever Wanted to Know About Franchise Agreements

Strategy Driven

Individuals looking to purchase a branch of an existing business might find they must sign a franchise agreement. This binding contract outlines the terms and conditions for the franchise as dictated by the franchisor. What Constitutes a Franchise Agreement?

article thumbnail

The Basics of Franchise Accounting

Strategy Driven

Owning a franchise is an easy and affordable way of starting a new business. As a franchise owner, a lot of the heavy lifting involved in starting a business is already done for you. Many aspects of a franchise business will be managed centrally. How do Franchises Work?

article thumbnail

5 Myths about Senior Care Franchise Debunked

Strategy Driven

This article takes you through some myths about senior care franchise opportunity in Baton Rogue LA. Due to these common myths, many people shattered their dream of becoming a senior care franchise business owner. Myth 3: Alarming number of senior care franchise.

article thumbnail

Top Tips For Growing Your Franchise

Strategy Driven

Franchising your company is a good way to earn more revenue, grow your brand, and take on exciting new opportunities. People often assume their franchise’s growth will come naturally, but businesses don’t grow on their own. You need to be willing to put in the work to make sure your franchise grows. There are lots of reasons that people decide to start and grow a franchise. Franchise management software can help to keep this consistent.

article thumbnail

5 Myths About Starting a Franchise Business Debunked

Strategy Driven

There’s no denying that you’ve got several routes into the world of commerce, and one of those is starting a franchised business. Many of today’s top everyday brands that you see on your travels are franchised organizations, so that’s proof alone they are a winning idea.

article thumbnail

Questions to Ask When Choosing Senior Care Franchise Opportunities Markham

Strategy Driven

When choosing from the many senior care franchise opportunities in Markham , you need to be sure if you are doing the right thing. The response you get to these questions will determine to a large extent if the franchise system is worth investing your hard-earned money.

article thumbnail

The Basics of Franchise Accounting

Strategy Driven

Owning a franchise is an easy and affordable way of starting a new business. As a franchise owner, a lot of the heavy lifting involved in starting a business is already done for you. Franchisees can take on an already established brand and don’t have to worry about marketing themselves, as this is done by the franchise centrally. Many aspects of a franchise business will be managed centrally. How do Franchises Work? Fees and Franchise Accounting.

article thumbnail

How to Decide if a Franchise is Right for You

Strategy Driven

This is where franchises come in. The main advantage of a franchise is that you don’t need to establish your business in a competitive marketplace. With a franchise, you have that brand awareness in place already, and the marketing burden is largely taken off your shoulders.

article thumbnail

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. Here is a partial list of some of the top franchises. business development Equality Female Entrepreneurs Networking Women On Business News Franchises monique neeley Start-ups Venture Capitalists Oh My

article thumbnail

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. The reason why franchising lends itself to scalable, high-residual income is the same reason that Larry Ellison has a net worth of $49.6 For more information on how to franchise your business, visit Franchise Marketing Systems: www.FranchiseMarketingSystems.com.

article thumbnail

How To Find Employees for Your Franchise in The Wake of Covid-19

Strategy Driven

How to find employees for your franchise in the wake of Covid-19 was the call. How offering remote jobs helps your franchise: Companies that offer remote work programs can vastly improve employee productivity, reduce turnover, and actually lower costs.

article thumbnail

Hertz Franchise Cost Profit Opportunity: What To Consider When Getting Into This Franchise

Women on Business

We've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Women On Business Sponsors

article thumbnail

How to Decide if a Franchise is Right for You

Strategy Driven

This is where franchises come in. The main advantage of a franchise is that you don’t need to establish your business in a competitive marketplace. With a franchise, you have that brand awareness in place already, and the marketing burden is largely taken off your shoulders. There is still a requirement for a degree in marketing, depending on the contract you sign, in which case you could look at social media marketing for franchises for example.

article thumbnail

How Franchise Owners Can Use Customer Service to Outdo the Competition and Grow Their Business

Strategy Driven

With the bar set so low for customer service, franchise owners are well positioned to jump ahead of the competition. “Next in line.”. Nothing projects mediocrity better than this tired, dusty greeting. You know it well, because you’ve heard it thousands of times.

article thumbnail

3 Things that Will Make You the Top Franchise in Your Brand

Women on Business

We've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link]. Reader Submission

article thumbnail

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.”

article thumbnail

Who’s the Most Important Member of an NFL Franchise?

Harvard Business

Quarterback, coach, GM, or owner? Leadership Managing people Assessing performance Hiring Leading teams Talent management Sports Digital Article

article thumbnail

Quotes And Leadership Lessons From Snake Eyes: G.I. Joe Origins

Joseph Lalonde

Joe movie franchise. A Reel Leadership Article. Snake Eyes is a reboot/refresh of the G.I. The movie reintroduces us to one of the most intriguing characters in the G.I. Joe characters, Snake Eyes (Henry Golden). He has always been mysterious and cool. He was always one of my favorites.

article thumbnail

The Types of Business Model You Might Want to Consider for Your First Company

Strategy Driven

A Franchise. If you’re looking to start a business that’s going to be less challenging to startup and that comes with a ready made idea, it makes sense to consider a franchise model. Starting Your Business business management franchise strategydriven

article thumbnail

Leadership Lessons From An Undercover Boss: The Role Of Love In The Growth Of The Enterprise With Bryon Stephens

Steve Farber

Podcast Business Growth Company Culture Franchise Partners leadership Love In Business Undercover Boss

article thumbnail

The Top Strategies to Fast Track Your Business Growth

Strategy Driven

Create a Partnership or Franchise Your Business. You should also consider the advantages of franchising your business , which means that another company or individual can sell your products under their name.

article thumbnail

Leadership Lessons From Cobra Kai

Joseph Lalonde

The First Strike On June 2nd, 1984, Columbia Pictures shocked the world with the first installment of the Karate Kid franchise. A Reel Leadership Article. It resonated on several deep levels for many Americans both young and old.

article thumbnail

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 […].

Books 73
article thumbnail

Quotes And Leadership Lessons From Fast And The Furious 9: F9: The Fast Saga

Joseph Lalonde

It’s been 20 years of movies from the Fast And The Furious franchise. A Reel Leadership Article. It’s brought us fast cars, action, and, now, space travel! The tone of the movies has changed. It’s no longer about supped-up cars.

article thumbnail

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 […].

Review 83
article thumbnail

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.

Books 73
article thumbnail

4 Ways To Ensure Building A Business Is Easy

Strategy Driven

Invest In A Franchise. First, you might want to think about investing in a franchise. A franchise investment is a little like using a great recipe for starting a company. After all, franchises have already seen high levels of success on the market.

article thumbnail

218: Overcoming the Challenges Faced By Women Entrepreneurs and Leaders | with Charlene Walters, MBA, PhD

Engaging Leader

despite the fact that 42 percent of all small business or franchise owners are women, and there are 13 million female-owned businesses contributing to $1.9 Many people say that entrepreneurship is often still a man’s world ?

article thumbnail

The CEO of Ace® Hardware on Leadership

Leadership Freak

I asked the CEO of the largest home improvement franchise company in the world, Ace® Hardware, what others saw in him as a leader. He started talking about definitions. Define what leaders do… Continue reading → Leading Personal Growth Growth Leadership Development

CEO 175
article thumbnail

Solution Saturday: Winning in No-Win Situations

Leadership Freak

Bill (Not his real name) manages several franchise locations. He finds himself in a no-win situation. Budget and personnel cuts by the mother organization make it impossible for him to fulfill his responsibilities… Continue reading → Anger Decisions Personal Growth Growth Leadership Development

article thumbnail

End Meeting Nightmares: Manage Results, Not Activity

General Leadership

Open a maid services franchise. GeneralLeadership.com and the General Leadership Foundation bring Leadership Advice from America's Most Trusted Leaders to You! Read more at [link]. “A meeting is an event at which the minutes are kept and the hours are lost.” ” Unknown. Want to review housekeeping details weekly? Admit what you already know: Your meetings are ineffective. Admit what you know. You’re people know your/their meetings are ineffective.

article thumbnail

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 [.]

article thumbnail

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.”

article thumbnail

Quotes And Leadership Lessons From John Wick 3: Parabellum

Joseph Lalonde

Now, we’re three films into the John Wick franchise and it only keeps getting better. A Reel Leadership Article. It all started with a dog. A dog that was slain by someone attacking John Wick (Keanu Reeves) and his home. John Wick 3: Parabellum continues moments after John Wick Chapter Two ends. John has been excommunicated from the assassin […] The post Quotes And Leadership Lessons From John Wick 3: Parabellum appeared first on Joseph Lalonde.

article thumbnail

216: Overcoming the Challenges Faced By Women Entrepreneurs and Leaders | with Charlene Walters, MBA, PhD

Engaging Leader

despite the fact that 42 percent of all small business or franchise owners are women, and there are 13 million female-owned businesses contributing to $1.9 Many people say that entrepreneurship is often still a man’s world ?

article thumbnail

Secrets To Driving Change Needed To Thrive In A Crisis

CEO Insider

When I walked into the position of CEO of Snap printing and design, a 120-year-old Australian business with over 130 franchise outlets, my thoughts were how to innovate and drive the business in what many would see as a declining industry.

Crisis 94
article thumbnail

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. There’s something unnerving about the situation where we’re the demand is “I need an answer, and I need it now!” Of course, if you work as in law enforcement or an emergency room, sometimes immediate decisions are necessary. But most of the time, the [.]

article thumbnail

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 [.]