Effective and significant expansion of any business requires leverage. With the right leverage model in place, it is possible to expand at a scale that is at least a multiplier of 10, 20, or 50 or beyond. This is one benefit from an effective license or franchise...
In 2021, we are not looking backward. In our house, we refer to 2020 as Voldemort, the “year that must not be named.” Of course, we cannot completely avoid the pandemic's curse, but we don’t want to invite more problems, either. On the other hand, the pandemic has...
Let’s talk about the concept of the ideal scene. I want to share further details as to how it works. Ok - there are only ever 2 scenes in your life - The Current Scene and the Ideal Scene. The entire reason for building the Ideal Business model is to move from the...
Did you know Queen has her own drive-thru McDonald's? When we think of the Queen owning a restaurant, we might imagine an establishment such as London's Claridges or The Ritz – but did you know Her Majesty has her fast-food franchise? Yes, our very own Queen is the...
Having built a business and taken the necessary risks, you want to ensure a high level of resilience to protect your investment and business. This is only possible if you have this objective as a key outcome and the business model that supports this. As I’ve mentioned...
Determining what type of franchise you want is daunting enough—if it also means very long days and weeks and months, the prospect of being your boss might lose some of its sparkles. Frankly, there is no definitive answer to the question that covers all franchises. But...
Did you know… Not only is McDonald’s the largest franchise, but it’s also very versatile. This fast-food franchise adapts its menu to the tastes of different countries. If you visit a McDonald’s restaurant in Japan, you’ll be able to find at least 50 items on the menu...
This is often a key challenge for most businesses. To have an optimal cash flow requires the correct business model and operating system that delivers this outcome and an effective cash flow management system. With this in place stress relating to cash flow will be a...
While Covid-19 may have altered that prediction somewhat, there is great news about franchising, even during an economic or health crisis. Many franchise brands are even thriving, depending on the industry. So, for franchisors and franchisees (franchise owners), there...