The millennial generation has borne the brunt of many unfavorable jokes, right? The group is chastised for needing pats on the back and participation trophies rather than merit-based kudos. But today’s 25-40-year-olds are not the workplace pariahs that older...
Independence
Definition: the fact or state of being independent What I am hinting at here is your business being independent of you. This is no doubt every business owner's ultimate dream. As part of this, it is essential that your business is not Dependent on any one person....
Fun Facts Hertz Corporation
Did you know… The Hertz Corporation operates in more countries than any other franchise. Its offices are located in 150 states across the globe. Founded in Chicago in 1918, this car rental franchise is now present on all continents with more than 10,000 units. It was...
Strategic Partnerships
6 steps to strategic partnerships. When setting up a strategic partnership I use this as a stepped approach: I look at areas within the business that have been problematic in getting staff or suppliers to operate effectively If you have a bottleneck or a stuck point...
Young Entrepreneurs Make Good Franchisees
I’m old enough to remember when the phrase “never trust anyone under 30” was popular among the hard-working “greatest generation” after World War II. Of course, I was very much under 30 at the time, and I thought it insulting and demeaning. For the younger workers of...
Strategic Partnerships
What are some areas to consider when looking at potential partners and how to determine who could be a potential fit? If you have built up a following, a database, or an extensive quality list - consider what these people may want and need that you do not provide but...
Fun Facts Panda Express
Did you know… Panda Express is the biggest Chinese fast food restaurant chain in the United States. Famous for its orange chicken and chow mein, it has over 1800 locations and 27,000 employees around the world. IT ALL STARTED WITH A SIT-DOWN RESTAURANT CALLED PANDA...
Strategic Partnerships
This is an extremely powerful approach to scaling your business quickly with less risk and access to high-level expertise and experience. Rather than building the capacity internally, you are able to access an organisation that has a track record and knows how to...
4 Questions to Ask Yourself Before Buying a Coffee Franchise
Did you know that coffee is the second most popular beverage in the United States? Every day, approximately a third of Americans sip on a cup of Joe, and half of Americans drink at least one cup of coffee per week. This type of consumption adds up as Americans spend...