FranchiseUpdate: Now, more than ever, is the time for every franchisor to look at opportunities to expand its system outside the United States. A bold statement, especially coming from a lawyer who, for the past 27 years, has cautioned clients and employers against moving too quickly outside the U.S. when the brand hasn’t yet been […]
International Development: Balancing The Risks Read More »
TheFranchiseHound: Entrepreneurial franchise owners have one goal in mind: multi-unit franchising. Why? Because that’s how you get rich. We’ve listed the tremendous benefits of multi-unit franchising as compared to operating a single franchise below. 1. Economies of Scale – The biggest benefit of operating several stores is economies of scale. Companies gain cost advantages as
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Financial Post: While many large franchisors may prefer to forbid franchisees from administering their own social media profiles to control their brand, some smaller or emerging franchisors might want to consider the benefits of this marketing technique. If a franchisor is going to permit its franchisees to maintain a presence for their respective stores on
It’s Your Name Online So Protect It Read More »
Financial Post: As with most legal documents, a franchise agreement has a term or duration for the life of the contract between the franchisor and franchisee. As a franchisee, you want to make sure the term is long enough for you to recoup your investment and turn a profit before possibly exiting the system. As
Renewing A Franchise Agreement? Consider These Points Read More »
Fox Business: After five years of consistent growth, Kathleen Kuhn knew one of her franchisees was in trouble when his numbers started going down. Kuhn, CEO of HouseMaster, a home inspection services operator and franchisor, reached out to the franchisee hoping to find out what sparked the decline. “We asked the franchisee, ‘how open are
How To Save A Faltering Franchisee Read More »
Not sure which books should be included in your business information library? The Christian Science Monitor has put together a short list of books that they feel every entrepreneur should have. What would you add to the list? The E-Myth and The E-Myth Revisited In a relatively short book, Gerber gives a realistic job preview
Books For Business Success Read More »
Pittsburgh Post-Gazette: After modeling for print and runway in her teens and early 20’s, Tiffany graduated from college and became a Plastic and Reconstructive Surgery Physician Assistant. When she began practicing in the industry six years ago, she realized that selling a cosmetic and skincare line out of plastic surgeons office was the perfect platform
Tiffany Fluhme Is Staking Her Claim In At-Home Beauty Events Read More »
When some people think of a scarf that will help keep hair dry, their thoughts often turn to the scarves and clear plastic tie-on hats that don’t usually offer much beyond function. However, one mompreneur is ready to change that by offering a more stylish option. Her unique rain scarf is called the Pop.N.Go. Each
Keeping Hair Dry In Style Read More »
Fear can be good, and it can be bad too. It may prepare you to do your best, but if you’re not careful, fear can also stop you from reaching your full potential. Success Magazine has recently covered a few fears you should keep your eye on. The fear of failing in business. Businesses fail
The Deadly Fears of Entrepreneurship Read More »
Dentistry IQ: A franchise can be the answer for women seeking a career with flexible hours. Around four out of ten franchisees have females at the helm, and the number is ncreasing all the time. Women often make great franchisees because they are more likely to follow the franchisor s business model than many men,
Make It A Family Affair Read More »
