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Understanding Working Capital Financing Options For Franchises
Posted by Franchise Grade Team May 9, 2014
One of the oldest adages regarding starting and running a franchise is the answer to a common question; "What are the three most important aspects of a successful business?" and that answer is - "location, location, location."
Read moreHow To Work On Your Business Not In It
Posted by Franchise Grade Team May 2, 2014
Most small business owners/managers are normally overwhelmed and have too much to do. This is because they spend virtually all their time working in the business rather than working on the business. While it is necessary to do a lot of work in the business in a start-up to reduce overhead costs and lower the breakeven point, not spending a good deal of time managing the work effectively prevents most businesses from optimizing their results.
Read moreYou Can Win Immunity From The Procrastination Epidemic
Posted by Franchise Grade Team May 1, 2014
Everywhere people are dreaming big and accomplishing less.
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.
Read more#1 Way To Succeed With Your Franchise
Posted by Franchise Grade Team April 11, 2014
Just prior to boarding a flight that was the last leg of a long day of traveling, a well-known author and consultant tweeted: “Hey, @Mortons – can you meet me at newark airport with a porterhouse when I land in two hours? K, thanks. :)” Imagine his surprise when he got off the plane to find a tuxedoed gentleman holding a bag with a 24 oz. Morton’s porterhouse, shrimp, potatoes, bread, napkins and silverware.
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 moreFive Off-premise Catering Sales Tactics Every Manager Should Know
Posted by Franchise Grade Team March 31, 2014
When we talk about the 5 Pillars of Restaurant Catering at the MMS Catering Institute, active selling is the one pillar of focus that has the power to truly lead your restaurant catering business forward. To properly service your catering customers, your catering sales team needs to become very good at business-to- business selling. You will need to build key relationships within your community and its corporate sector, and you will need to become experts at feeding your customers where they live, work and play.
Read moreShould I Use My Personal Twitter Account to Market My Franchise?
Posted by Franchise Grade Team March 27, 2014
In my previous posts, I mentioned that more than half of Americans see, read or hear about a tweet every single day. As is often the case with social media in larger companies, franchised brands in particular have struggled to figure exactly Twitter fits into their organizational chart and system, and whether or not it can provide any real business value.
Read more3 Keys To Commercial Real Estate Financing For Your Franchise
Posted by Franchise Grade Team March 10, 2014
So, you decided to buy into a franchise system – one that you have some passion for and one that you think your skills and experiences will make a great success.
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