own a business (2)
Share /
Deliver More Than Food: Deliver Experience
Posted by Franchise Grade Team September 8, 2014
There are stories of innovation all around us. All we have to do is look and listen. I was reminded of the power of innovation recently when I watched this video of a pizza delivery system in Mumbai.
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 moreYes, You Can Still Finance Your Franchise Purchase.
Posted by Franchise Grade Team August 21, 2014
Finding the right loan or loans to purchase your franchise is not what it used to be. But you can still get the right financing with just a little knowledge.
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 moreMake It Right.
Posted by Franchise Grade Team July 11, 2014
In today’s business environment, the topic of ethics is more important than ever. We have witnessed erosion of our banking and financial institutions, a huge crisis in our mortgage markets and Wall Street has lost a great deal of its credibility.
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 moreItem 20 in the FDD Deserves Your Full Attention.
Posted by Franchise Grade Team July 7, 2014
Individuals considering a franchise opportunity need to review and analyze the Franchise Disclosure Document, commonly referred to as the FDD. Every franchisor is required to have an FDD and provide a copy to qualified franchise candidates. The FDD consists of 23 items or questions and although the responses to each item may differ, the 23 items are the same whether it’s McDonald’s or a new franchisor.
Read moreShould You Buy A Master Franchise?
Posted by Franchise Grade Team June 19, 2014
Consider this scenario: You have been investigating the purchase of an outlet in a new franchise system. After some discussion, the franchisor asks you if you are interested in buying a master franchise for your state. Should you consider the offer?
Read moreTop 5 Tips For Choosing The Right Franchise
Posted by Franchise Grade Team June 16, 2014
Each day countless individuals embark on a journey where the final destination is a franchise opportunity that will lead to a successful franchise business. The path to finding a franchise that most closely fits the profile of the individual can be arduous and difficult. It requires focus, determination, attention to detail and objectivity. The Internet is replete with articles and advice that present the steps one should follow when considering a franchise opportunity. There are articles on the FranchiseGrade and FranchiseKnowHow websites that provide guidance on the franchising process. Whichever steps you choose include in your franchise selection and evaluation process, there are certain ones that should be followed. I’ve outlined five tips that every franchise candidate should use when selecting and evaluating a franchise opportunity.
Read more