The email arrived without warning. After decades of dedication, countless late nights, and sacrificed weekends, you’ve been “downsized.” At 50+, you’re packing up your corner office, holding a box of belongings, with a storm of emotions swirling inside. The initial shock quickly turns into a flood of questions: How will I support my family?…
As an executive considering the leap into franchising, you’re at a unique crossroads in your career. The skills and experiences you’ve gained in the corporate world can be invaluable in the franchise arena, but the transition requires a specific mindset and set of traits. Here are 10 signs that you’re ready to make the move…
We’ve all had that moment. You’re scrolling through social media, or chatting with an old friend, when you hear about someone’s entrepreneurial success. Maybe it’s a former colleague who just opened their third store location, or a neighbor who’s built a thriving business from the ground up. And then it hits you – that bittersweet…
When you’re starting out, repeating positive habits is needed to build confidence and competence in any new venture, including franchising. But once these habits are established, they can sometimes create a form of “pride” that makes it hard to acknowledge weaknesses and hinders further growth. This can be particularly challenging when trying to take your…
Mastering Franchise Research: Important for Success What’s the key to choosing the right franchise? It lies in mastering franchise research. This important skill ensures that your investment has the potential to thrive, safeguarding your time, money, and efforts from being wasted on a franchise that may not yield profitable returns. What Happens When You…