The Franchise King
Please don’t automatically think that you have something to franchise. Because you probably don’t. Seriously; just because you, “feel” that you can turn your independent business-or yet to be business, into a franchise business, it doesn’t mean that you can-or should. People contact me all the time for franchise advice…that’s fine. It’s what I [...]
(Courtesy of scalleja on Flickr.com.) The reason that Apple executives will never franchise their Apple retail stores has to do with two things: 1. Profit 2. Control Allow me to explain… Record-Setting Profits Just last quarter, Apple earned $8.8 billion in net profit. From their Press page: “The Company sold 26.0 million [...]
So, you have a pretty darn successful business going. And you want to get it to the next level. One way to get your business really rocking and rolling is to get some help developing it into a franchise business. If that’s a consideration of yours, may I make a gentle suggestion? [...]
(He’s really feeling sorry for them.) Admit it; you’re focused on you. You’re focused on finding the franchise business that’s going to solve all of your problems. And, you’re very busy! You’re spending hours and hours visiting all of the top franchise opportunity websites, hoping that you’ll find The One. Among thousands of franchises. [...]
Before I share the winner of this franchise business contest, I’d like you to imagine savory Italian meatballs made with lean turkey and a mix of aromatic herbs, simmered to perfection in a thick marinara sauce, and dramatically finished with a blizzard of parmesan cheese….served from a truck. Suaca Foods is an intriging entry in [...]
If you happen to be the owner of an independent pizza shop, and you're ready to take your business to the next level, a conversion franchise may be something for you to consider. Sales of new franchise units have been pretty flat as of late, and some franchisors are using some very creative (and good) [...]
Have you always wanted to franchise your business? Have you been imagining what it would be like to have 100 franchise units of your own concept scattered all over the country, cash registers ringing? Do you think that you just may have the next big thing in franchising? If so, stop whatever it is that [...]
In New Zealand, Dr. Callum Floyd is the guy. (When if comes to all things franchise) Dr. Callum Floyd ********************************************************************************************************** I’ve been reading his detailed articles for years, now. He gets it. Here’s what he wrote to his New Zealand audience about franchising a business; “Creating a franchise system of quality is a complex, time [...]
(In Part 1, I discussed issues revolving around safety. Did you read it?) The 2nd thing that franchise buyer’s want, is a blueprint for their success. After all, a blueprint is what they’re buying, right? ******************************************************************************************** Hopefully, the franchise development team that helped you put your franchise package together knew the importance of having a [...]
???????????????????????????????????????????????????????????? By franchising your business, do you think that you’ll; Sell hundreds of franchises? Create your own empire? Become wealthier than you ever imagined? Those things can happen. But the stars will have to line up perfectly. It’s possible, though. Of course after your business is set up as a legal franchise, you have to [...]
