Blog | Franchise Grade Team (16) | FranchiseGrade.com, Inc.

Will You Freak-Out or Hunker Down?

November 5, 2014

Sometimes motivation is forced upon us. We are thrust into the Un-comfort Zone. And, whether we sink or swim depends on how we respond to the situation. How do you react during a crisis?

3 Items Required To Land A Franchise Business Loan

October 22, 2014

Financing a franchise is really no different then financing any other business – at least in the eyes of the lender.

The Most Powerful Motivator: How fear is etched into our brains

October 20, 2014

I was abruptly awakened and told, “The house is on fire. Go outside!” As I ran out of my bedroom and into the hall my socks slipped on the polished oak floor. A guiding hand helped me keep my footing and a frantic voice urged, “Hurry! Hurry!”

Can You Crowdfund A Franchise?

October 14, 2014

Currently, in the United States, there are two ways to crowdfund a business or a project.

The Disadvantages of Franchising

October 12, 2014

While the franchising business model offers several advantages to people building retail chains (see my post last month), it also has several disadvantages. Would be franchisees should be take these disadvantages into consideration when deciding whether to purchase outlets in franchise systems.

The Advantages of Franchising

October 11, 2014

Like all business models, franchising offers advantages and disadvantages to those people operating companies. This post discusses three key advantages that franchising affords. (Next month’s post will consider the disadvantages). Would-be franchisees should consider these factors when deciding whether or not to buy into a franchise system because they explain why franchisors are interested in selling franchises.

What's Your Flavor Of Entrepreneurial Uniqueness?

October 10, 2014

The recent tragic loss of Robin Williams reminds us all of the fragility of life. Here today, gone tomorrow. But his loss also reminds us of a life well lived. Williams lived a life that only he could live. He relished in his unique talents and gifts, and released them to the world. He was his own flavor to the world. He was who he was, and that just happened to be one of the funniest people ever. Imagine for a minute if he had deprived all of us from his humor. Imagine if he had settled for a life of “ordinary” rather than shooting for the “extraordinary”. His life would not have been as full, and he would not have filled us all up with the joy and laughter that was his unique genius.

Avoid Business Complacency to Build a Thriving Enterprise

October 9, 2014

Over time, as a catering business grows, it can get inefficient. Especially if there is too much money lying around, either in financing or by generating cash flow. Without urgency, a business can suffer.

Dealing with Customer Complaints

October 4, 2014

Customers that appear to be difficult are usually caused because they are emotional. You must defuse the emotion before you can effectively work with them. This means effectively projecting empathy for their issues. Convincing the customer that you understand, that you feel badly for their problems and frustrations and genuinely want to help them will then normally allow you to hold a constructive conversation that can achieve a satisfactory resolution.

The 10 Commandments of Magnetic Managers

September 25, 2014

The #1 reason great employees quit is because of their bosses. That’s why we often hear the saying: “People join companies, but they leave their managers.”