How Vets Optimize Military Skills for Franchise Success
Military veterans have an uncanny ability to thrive as franchise owners. That’s why it seems like every franchise – from billion-dollar brands to emerging companies – wants vets to be franchisees in their business, both out of respect for veterans and because of how high they value their business skills. Once they become franchisees, however, […]
5 Time-Tested Marketing Principles That Your Franchise Must Use
Owning and operating a franchise is the best way to start an independent business. It is relatively easy to raise finance, as the lender knows that you have the backing of the franchisor’s proven model. Additionally, you will be provided with access to the franchisor’s operations manual. This is an invaluable tool that will guide […]
Low Morale? Unproductive Employees Cost A Lot (Infographic)
Unhappy works cost the U.S. between $450 and $550 billion dollars a year. Billion. With a capital ‘B’. So, what’s the problem? Low morale leads to low productivity Not to be surprised, employees that are disgruntled and unsatisfied are less productive. What’s to blame? For starters, 46% of new hires fail to perform within 18 […]
5 Ways to Select the Best Site For Your Franchise
If your franchise needs to attract walk-in customers, you must select its location with great care. A choice made in haste or without taking every possible factor into consideration can lead to lower than anticipated sales and even business failure. Every new franchise that performs well owes a large part of its success to its […]
5 Useful Online Tools for Frequent Business Travelers
If you spend a lot of time traveling for business, you’ve probably already figured out some helpful tips—like how to fold your clothes to maximize suitcase space and minimize wrinkles or which rental car company offers the best rates. To make the most of your time away from the office, it’s also important to know […]
5 Simple Ways to Ensure That Your New Franchise Succeeds
5 Simple Ways to Ensure That Your New Franchise Succeeds Buying a franchise and starting off on your own can be a life-changing decision. For one, you will be committing a great deal of money, possibly a good portion of your savings. You would probably also borrow from a financial institution or a bank. […]