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Key Strategies for Aspiring Entrepreneurs Considering Franchise Ownership

Strategy Driven

Navigating Your Franchise Journey Embarking on a franchise venture is an exciting escapade into entrepreneurship. At this juncture, the guidance of seasoned franchising consultants can be invaluable, offering insight into the complexities of franchise ownership. Financial forecasting and budget management.

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

In the CEO Afterlife

With 60% of annual sales coming from innovative new products, it is clear that LEGO has not been idle. They’ve never franchised. Because of that, they are rewarded with brand loyalty. The outcome of ‘doing less better’ in market scope has been stellar; past five years sales have doubled and earnings have tripled.

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Will Moneyball Analytics Kill Loyalty and Leadership?

Harvard Business Review

After looking hard at the numbers and algorithms, the smartest — and richest — general managers and franchises have made up their collective minds: They're not paying a premium for yesterday. The cultural values of loyalty and leadership are being redefined by the economic value of forecasting methodologies (PDF).

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Making African Health Care Radically Cheaper

Harvard Business Review

Disruptive innovations can play a critical role in democratizing healthcare by making goods and services affordable and convenient enough that large populations of under-served consumers become able to access them. Entrepreneurs and private-sector organizations are particularly well-placed to bring such disruptive innovations to life.

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Expanding the Reach of Primary Care in Developing Countries

Harvard Business Review

How the most innovative providers are creating value. We interviewed leaders in 37 private for-profit and non-profit primary care programs identified in the Center for Health Market Innovations database and operating in over 25 developing countries. For instance, after completing medical training in the U.S.

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Putting Customers at the Heart of Your Brand to Create Passionate Fans: What Microsoft Learned About Customer Engagement in the Sports Industry - SPONSOR CONTENT FROM Microsoft

Harvard Business Review

Real Madrid is one of the most recognized soccer franchises in the world. With over 500 million dedicated fans, it also happens to be one of the most innovative franchises when it comes to fan engagement. Real Madrid: winning the hearts and minds of 500 million dedicated fans.

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Superman Was a Reporter. Now He Owns the Newspaper.

Harvard Business Review

But franchises would have to entirely rethink their profitable business model — and people would have to pay more for those terribly unhealthy and oh so delicious French fries. It turns out that the difference lies in whether someone''s moral compass points to loyalty or fairness. an hour or more. Part of the reason?

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