franchising (2)
Share /The Disadvantages of Franchising
Posted by Franchise Grade Team 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.
Read moreThe Advantages of Franchising
Posted by Franchise Grade Team 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.
Read moreHow To Motivate Employees Through Incentives
Posted by Franchise Grade Team September 15, 2014
Most employers look for ways to motivate and reward their employees.
Read moreThe Most Important Buying Decision You’ll Ever Make
Posted by Franchise Grade Team September 9, 2014
Once you’ve decided which franchise to buy, what is the most important buying decision you’ll ever make to ensure its success?
Read more9 Ways To Set Goals So They Actually Happen
Posted by Franchise Grade Team August 31, 2014
Some entrepreneurs lose the race before they’ve even tied their shoes.
Read moreCulture Trumps Strategy Each and Every Time
Posted by Franchise Grade Team August 21, 2014
While much has been written on the ways culture trumps strategy, I have never seen this philosophy in effect until I was able to spend some time with the Ben & Jerry's family. And let me just say that what I learned from this experience is that culture trumps strategy every single time.
Read moreIt’s All About Who You Know: 3 Tactics to Get an Unfair Networking Advantage.
Posted by Franchise Grade Team August 1, 2014
“It’s not about what you know, it’s who you know” Said everyone, ever.
Read moreHow Do You Know If A Franchise Is Right For You?
Posted by Franchise Grade Team July 9, 2014
Franchises are complicated yet simple. The best ones have spent years fine tuning their processes; their systems, their brand and their marketing so that their franchisees can step in, follow the script and hopefully prosper.
Read more3 Steps for Using Facebook and Email Marketing to Get Customers
Posted by Nate Riggs May 22, 2014
Last year, Forrester Research cited that 838 billion email marketing messages were sent over the course of 2013. That's an amazingly big number of messages being sent directly to consumers. So why is this? We live in the age where billions of people spend unbelievable amounts of time on Facebook, sometimes checking their news feeds multiple times each day. So the question is why are so many companies investing time and effort in email?
Read morePlanning a Franchisee’s Approach to Social Media
Posted by Frances Leary April 15, 2014
As you consider your decision to purchase a franchise, you are most certainly also weighing the other commitments that go along with running your own business: employee management, day-to-day operations, sales, marketing and more.
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