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What is Better Than Increasing Minimum Wage?

Posted by Franchise Grade Team February 2, 2014

There has been a lot of press recently about the wages of fast food and retail employees. While this is a very real issue, Money, however, is not the number one issue among employees. Survey after survey indicates that recognition is the number one need of most workforces.

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3 Stress Busting Tactics for Business Owners

Posted by Franchise Grade Team January 24, 2014

Owning your own business isn’t just another job. You’re the captain of your fate now, and with that great power comes responsibility. The buck stops firmly on your desk. You’re not just responsible for taking care of yourself and your family - your team are depending on you too.

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5 Tips for Better Multi-Unit Franchise Management

Posted by Franchise Grade Team January 20, 2014

When it comes to managing multi-unit franchises, there is no such thing as a dull day. Whether you have 2 locations or 200, there will always be operational issues that make managing a challenge. For that reason, it’s important to use tools and technology to make managing your franchise as streamlined as possible. Here are 5 tips to help you manage your multi-unit franchise:

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Understanding the Economics behind Franchisor-Franchise Conflict

Posted by Franchise Grade Team January 17, 2014

While buying a franchise can offer would-be business owners the benefits of an established brand name and a proven operating system, it can also mire franchisees in legal disputes. Because many disagreements between franchisors and franchisees stem from the disparity in how the two parties earn money, developing a basic understanding of these differences should help would-be franchisees avoid a heap of trouble later.

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The # 1 Question to Ask Existing Franchisees

Posted by Franchise Grade Team January 13, 2014

Are you interested in investing into a franchise?

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William Shatner & Franchising: More in Common Than You Might Think

Posted by Franchise Grade Team January 10, 2014

In 2012, William Shatner created a show, titled “Shatner’s World: We Just Live In It”. In it, Shatner delivers a larger than life performance complete with humor, storytelling, and musical selections. Through a variety of songs, jokes, and even some serious moments, you experience Shatner’s life journey. Wildly popular, this performance is still in production and dates are selling out around the country. Perhaps most remarkably, though, it is a one-man show! Or is it? When you peek behind the curtain, you soon realize that this “one-man” show has a producer, lighting technician, sound technician, makeup artist, and countless others that all help in their own way to make the entire production work. To the marketers and outside world, this may be a one-man show, but in reality it is anything but that.

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The Number One New Way To Finance A Franchise

Posted by Franchise Grade Team January 8, 2014

There is a lot of conflicting data regarding small businesses’ ability to access capital in today’s sluggish financial markets. This relates to all small businesses including franchises.

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How to Grow Restaurant-Catering Sales from a Franchisee’s Perspective

Posted by Erle Dardick January 5, 2014

It's no secret that the franchise model for growing restaurant companies continues to be a key driver in the restaurant industry. The restaurant industry is no different than other industries such as the music industry, the movie industry or even the software industry. Ours is an industry full of creativity, processes, proprietary flavors and company cultures. It makes good business sense for our industry to leverage that intellectual property across the globe through franchising. Like any business, a restaurant’s strategic plan is critical.

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