Owning one franchise location is an accomplishment. Owning ten is a completely different business. That said, the skills that make you a great franchisee behind the counter won’t build a portfolio of profitable...
Multi-Unit Franchising
Go For It! Become A Multi-Unit Franchise Owner
If you’re going to do it, if you’re going to become the owner of a franchise, you might as well GO BIG, right? In other words, if you’re going to walk into your local bank to apply for a small business...
Can You Be a Part-Time Franchisee?
Do you know that it’s entirely possible to be an owner of a franchise and keep your day job? Most of the people that call on me for advice and franchise consulting requests, aren’t aware of the plethora of...
Top Questions To Ask Franchisees: Question Number 8
Eventually, you’re going to want to open your new franchise business. You’ve already invested a couple of months (at least) into choosing the right opportunity; you’ve submitted the proper business...
How to Change The (Franchise) World; All Franchise Executives Need to Do This!
The World If you’ve followed this blog for awhile, you know that most of my writing is centered around providing franchise tips and franchise business information for would-be franchise owners. That’s where...
So, You Want to be a Multi-Unit Franchisee?
Recently, I received an email from a gentleman that I helped get into a franchise business a few years ago. He wanted to see how things were going with me, and shared that he was interested in diversifying. He also...
Does Size Really Matter?
How big do you want to be? Do you want one franchise location? Have you thought about becoming a multi-unit owner, and eventually having 4-5 locations. Or more? Let's go back in time, for a moment. Can you imagine...
My Franchise Business Advice For The Week Of March 7th, 2010
This week's advice is for franchise owners that want to expand… / CC BY-NC-ND 2.0 How do you know when it's time to become a multi-unit franchisee? Well, if you've done a good job networking with other...
Will Burger King’s Franchisees EVER Be Able To Have It Their Way?
As you’ve probably heard, Burger King is experimenting with “Burger King Beer,” in Miami, Florida… Maybe it’s time for Burger King executives to invite their franchisees over for one. (A...
Franchise Business Innovations
Innovation; (From Merriam-Webster Dictionary, Online) in·no·va·tionPronunciation: \ˌi-nə-ˈvā-shən\Function: nounDate: 15th century 1 : the introduction of something new 2 : a new idea, method, or device : novelty...
Multi-Unit Franchising; The Top 50
During the educational seminars on franchising that I present, questions are often raised from the attendees concerning the different ways that one can grow a franchise that they buy. (I presented at this conference...