The Franchise King
Great technology can prevent a lot of headaches in your business, and grow your bank account. But, poor technology can cause your head to throb and cost you money. Big money. If you’re thinking of buying a franchise, visit with franchisees and visit headquarters, so you can see their technology in action with your own [...]
(This is a guest post from Michelle Van Slyke, VP of Marketing and Small Business Solutions, The UPS Store) It’s likely not news to you that small business owners wear many hats. You’re not only the franchise owner, but you’re often the boss, the front-end help, and maybe even the cleaning crew. It’s just second [...]
Franchisors may allow for some added creativity when it comes to online marketing. It depends on the franchisor. It’s an important question to ask franchise company executives when you’re doing your research. And, it’s question #22 of my 40-part series on the best questions to ask when you’re doing your due diligence. “Will You Be Permitted To [...]
If you’re the CEO of a food franchise, and you’d like to increase unit revenue, read on… I know that you want your franchisees to be fat and happy. (With profits) I also know that your cost of doing business keeps increasing, which is really frustrating. But, you’re the leader, and you’re in charge of [...]
(Disclosure; this is a sponsored post.) One of the first questions that I’m asked by prospective franchise owners that I’m working with has to do with two things; employees and payroll. “Joel, I’ve managed employees before, but I’ve never had to worry about things like payroll taxes, and payroll processing. Is that handled by [...]
The Franchise Kingdom has been a busy place the last few days. The grocery stores are packed, and it seems that all the townspeople are running around like turkey’s with their heads ….well you know. I was able to corner a few of my Royal subjects to ask them what they’ve been reading up on [...]
Here’s this week’s franchise business blog poll. Please vote, so that The Franchise Kingdom can see how you feel about current franchise and small business related issues. Thank you! Online Surveys & Market Research My PC crashed around this time last year. Carbonite saved me hours and hours of work trying to retrieve all of [...]
http://www.flickr.com/photos/twon/ / CC BY 2.0 Jenny Craig fans who download the free iphone app — optimized for both the iPhone and iTouch – gain access to a nutritional breakdown of popular items at their favorite restaurants, dozens of Jenny Craig dining out “Hot Tips,” an animated life-size portion guide for understanding common serving sizes, a [...]
(In Part 3, I wrote about franchisor support, and how important it is for prospective franchise buyers to get specific examples of how they'll actually be supported, after they write a check for $25k-$30k to you. ) ******************************************************************************************* I hope it got you thinking about how you can demonstrate to your prospective franchise buyers exactly [...]
(Here's the true value of hooey) I'm adding this to my "Top 10 Reasons I Left F_ _ _ _ _t." *********************************************************************************************************** I left a national franchise brokering franchise almost 3 years ago, for many reasons. Some I may even go into, sometime in the future. I'm really happy about my decision. Especially after seeing [...]
