Buyer: Career Changer (6)
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You Can Win Immunity From The Procrastination Epidemic
Posted by Franchise Grade Team May 1, 2014
Everywhere people are dreaming big and accomplishing less.
Read moreThe Franchise Investment: Trust but Verify
Posted by Franchise Grade Team April 13, 2014
A number of franchise candidates exhibit a high degree of trust as they travel through the franchise process. In some cases it begins with the initial contact between a candidate and the franchisor representative and builds gradually over time. In other cases, the level of trust may arise at a certain point in the franchise evaluation process: for example, at a meeting with a franchisor representative or during a Discovery Day visit.
Read more5 Key Lessons for New Franchisees on Location-Based Marketing
Posted by Franchise Grade Team April 9, 2014
Back when my wife and I were expecting our third son, we made multiple shopping trips to both big-box retail as well as smaller specialty stores.
Read moreSimple Productivity Hacks You Can Implement TODAY
Posted by Franchise Grade Team April 5, 2014
Productivity has become an industry in it’s own right.
Read moreGrading the Best Franchise Deals of 2013 on Social Media Sentiment
Posted by Franchise Grade Team March 24, 2014
Each year, the folks at QSR Magazine release a ranking of the best Franchise Deals for limited service franchise systems.
Read moreWhat's your "Why"?
Posted by Franchise Grade Team March 12, 2014
“It doesn’t matter what you do, it matters why you do it.” This straightforward yet powerful quote from Simon Sinek’s best selling book, Start With Why, goes straight to the heart of business success. Understanding “how” and “what” you do is necessary to be in business. But understanding your “why” is essential to your long term success.
Read moreThe Only Personality Type You Ever Need To Hire
Posted by Franchise Grade Team February 25, 2014
The personality type of your staff determines your business’s success.
Read moreCollege Freshmen, Business Ownership and a Poor Economy
Posted by Franchise Grade Team February 18, 2014
For those of you searching for some good news about the persistently sluggish economy, here’s something: The weak economy appears to motivate college students to want to be successful business owners.
Read moreWhen Identifying a Franchise Opportunity: Know Where to Look
Posted by Franchise Grade Team February 16, 2014
Investing in a franchise is a life altering experience for most individuals and involves taking a risk with your money. In my last blog, I described the importance of doing a profile before pursuing specific franchise opportunities. This should include your strengths and weaknesses as well as your financial profile. If you followed my advice you’ll be in a better position to identify franchises that most closely match your financial, personal and business profile. Your next step in the franchise process is to find 3 to 5 franchises and perform a preliminary evaluation on these franchises. You’ll want to do this before you spend money on franchise attorneys and accountants. If you decide you want to utilize a franchise broker, keep in mind that they represent a limited number of franchises and they are paid by the franchisor when a candidate they submit purchases a franchise. A large number of franchises are not represented by brokers. Avoid being swayed by impressive franchise websites with claims of easily achieved success.
Read more3 Common Ways To Obtain Working Capital For A Franchise
Posted by Franchise Grade Team February 10, 2014
Franchises need working capital. Just like every other business on this planet. Not all businesses need equipment. Not all businesses need inventory or commercial property or even labor. But, all businesses need working capital to ensure that their operations are running smoothly enough to generate revenue day-in and day-out.
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