It's an ongoing process and an ongoing stress for many business owners.  So Cash Flow in a normal business model will typically have a significant number of expenses, depending on your payment terms, where you might execute the work and carry the costs until you have...

Did you know… Kansas-born brothers Dan and Frank Carney founded Pizza Hut in Wichita, Kansas in 1958. Still in college at the time, they opened the restaurant with $600 borrowed from their mother. The first Pizza Hut was in a small brick house. The 500-square-foot...

There are many very profitable businesses out there.  Are all businesses an Ideal Business Model? The short answer is no. Let's look at what an Ideal Business Model looks like and why you would want to build one. The Ideal Business Model - So, What is it? Definition:...

While there are many similarities between running a franchise and running any other type of business, like the fact that it will take a lot of time and energy to get it up and running successfully, there are also a lot of differences that you should be aware of if...

To build an efficient business model whether you are a franchisor or just running a non franchise model, being efficient in the way that you operate the business is fairly critical.  One of the things that impacts efficiency is the need to service locations whilst...

Did you know… A lot of people have a sweet tooth, especially for doughnuts. Dunkin’ Donuts, for example, serves 3 million customers a day, many of which are subscribers to the company’s coffee delivery service. When founder William Rosenberg opened his first donut...

Unfortunately many business owners see business as a short game. Get in, do whatever it takes to get it to where it needs to be as fast as possible - then reap the rewards. A quick fix. When the rewards don’t come when you expect them, then there is frustration and...

While the world continues to respond to the current unpredictable economy, the resulting trends are opening doors of opportunity for the franchise industry over the next year. Successful businesses tend to have the talent for spotting trends over fads. While a fad is...

So when you look at franchising it, of course, is an ideal leverage model.  I remember explaining to my son once, when I told him that we sold another franchise, he was trying to understand how this works. So where did you buy the franchise from? How does that work?...