Archive for March, 2007
Where to Obtain the Best Franchise Advice You Will Ever Need
There are hundreds of different franchise opportunities out there. All their web sites look great and promising. Perhaps you have narrowed your choice to 3 or 4 franchises. Yet, you are still unsure as to which one will be best for you. So, how can you obtain the best franchise information you’ll ever get? Easily! From the current franchisees of …
How to Ensure Your New Franchise is a Huge Success
As a franchisor, you might be very content with opening over 100 franchises. For some, however, nothing short of world domination will be enough.
So, if you are a franchisor who pictures an amount of franchises on a much grander scale, you might wonder: What does it take to become the next McDonald’s?
Well, here are a few tips which will get …
Avoid Sales Killers
When owning a franchise business, possessing good sales skills it of utmost importance. Yet, there are many mistakes you could be making which leads to the utter failure of the potential purchase a customer may make.
Here are the most common mistakes salespeople make. Do not get caught making them!
Sales Killers:
1. Lack of professional appearance
In order for people to listen to you …
How to Improve the Effectiveness of Your Field Visits Part 2
The psychology of the field visit
While you may have sophisticated field management systems the most significant variable for producing good outcomes from your field support will always be the quality of the relationship established between franchisee and field manager. Checklists and systems alone will only ever make a minor impact.
Take for an example the relationship between a psychologist and the …
How to Improve the Effectiveness of Your Field Visits Part 1
Field visits are expensive and extremely time consuming for franchisors and franchisees. Here is how to make every visit count.
How field visits add value
Field visits are a necessary component of most franchise systems. If implemented by skilled people with a clear purpose and supported by efficient systems, field visits deliver the following benefits to a franchise system:
• Improve franchisee productivity - …
Tips on Franchising an Established Business
Franchising is increasingly being used by businesses as they realize the benefits that can be harnessed from the arrangement. Many successful franchises have established extensive operations throughout the country.
To growth oriented businesses, the main benefits of franchising include access to franchisee capital to fuel expansion and, local managers who are more motivated to perform because of their investment tied to …
Making the Right Decision
While there are many franchise opportunities for sale there are as many questions you might like to consider before making any important decisions. There are questions you can ask yourself as well as questions more specific to finding the right business.
Firstly, you need to consider whether you are suited to franchising. While you may possess the drive and enthusiasm required …
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