The Franchise King®

Is Your Franchise Business Safe?

business

Is it safe?

Is your franchise business protected?

Are you sure?

Let’s find out.

 

No Business Insurance Rant Coming

If you thought that I was going to write about business insurance…well, you’re going to be disappointed.

Now, I’m not saying that you don’t need insurance for your business. It’s just not what I’m focusing on in this blog post.

Plus, insurance is an intangible; you can’t see it, touch it, smell it, or taste it. It’s a little more difficult to make an investment in it than something that you can see. And, can touch.

Keep reading.

 

Powerus Interruptus

If a massive thunderstorm were to hit your area, one with say, 70 mph winds, the kind of winds that bring down trees and power lines, will your franchise business be able to stay open for business? Think about it.

franchise business safe

Now, let’s go even deeper.

Let’s say that the storm in question is a daytime one. If that were the case, you wouldn’t need all the lights to work, right? Your customers would still be able to see your products…order your services. Correct?

What about your electronic business systems?

Things like your PC’s…your point-of-sale system?

Would they work?


Click The Sunglasses For a Low-Cost Franchise Opportunity!

low cost franchise

 

UPS

May I gently suggest that you consider purchasing a few uninterrupted power supply boxes?

You need a back-up system for your business.

If you don’t have one, you’re putting your business at risk. Why would you want to do that?

Isn’t franchise business ownership risky enough?

 



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I Have One

I’ve had my share of “issues” with my AT&T high-speed internet service over the past couple of years.

If you’re a rabid follower of mine on Twitter @FranchiseKing , you may have seen a couple of rather terse 140 character remarks of mine concerning AT&T’s service. It hasn’t been the bomb.

The last technician that paid me a visit at The Castle must of felt my negative vibes towards his employer, because not only did he install a brand new high-speed router, he added (at no charge) a UPS to my (now) cutting-edge home business office. My business is now fully protected. (My moat is pretty deep, too…) Thanks, AT&T.

 

More Business Safeguards

There are actually several things that you may need to do to add more levels of protection to your business. Adding a UPS is only one of them.

Lucky for you, I found five more things that you can do to protect your business.

I was scanning Open Forum by American Express for small business articles, and I found one that you should read from Julie Bawden Davis. Julie did a fine job with her post – 6 Ways to Safeguard Your Small Business Data.

What other things are you doing to protect your biz?

What have you done in the past to protect your business…that you’re glad you did?

 

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About the Author
The Franchise King®, Joel Libava, is a leading franchise expert, author of "Become a Franchise Owner!" and "The Definitive Guide to Franchise Research." Featured in outlets like The New York Times, CNBC, and Franchise Direct, Joel’s no-nonsense approach as a trusted Franchise Ownership Advisor helps aspiring franchisees make smart, informed decisions in their journey to franchise ownership. He owns and operates this franchise blog.

Note: When you buy through links on this website, we may earn an affiliate commission.
headshot the franchise king joel libava

I'm The Franchise King®, Joel Libava. For 24+ years, I've helped thousands of people avoid bank account emptying mistakes.
If you want to make a smart, informed decision on franchises to own, I can help you, too! Note:
I'm NOT a franchise broker/consultant/coach.
See how I'm different.

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"Your services are first class and helped me select a winning franchise partner. Now that I am ready to sell my business, you provided additional guidance to make sure I get the best price possible. Anyone that is thinking of purchasing a franchise needs to work with Joel. He’s the most knowledgeable person about the franchise industry that I have met. He definitely deserves the title of ‘King.’"

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