The email hits your inbox like a bomb. It’s impersonal, filled with corporate jargon, but the message is clear: your job, the one you relied on, is gone. Fear, frustration and anger swirl – what about bills, your family, those plans you had? The reality is, that even dedicated, talented, and hardworking employees are expendable,…
The world of franchising can be a thrilling adventure, but even the most exciting journeys can encounter unexpected storms. Economic downturns, shifting consumer preferences, and fierce competition can test the mettle of any franchisee. However, fear not! Valuable lessons for navigating turbulent markets can be found in surprising places, like the ancient Chinese military treatise,…
Franchising may hold the future of a thriving business and a taste of entrepreneurial freedom. But many aspiring franchisees underestimate the complexities involved. Michael Gerber’s groundbreaking book, E-Myth Revisited, sheds light on these complexities, offering a framework to avoid the pitfalls that plague many small businesses. E-Myth: Beyond the Franchise Hype E-Myth challenges the…
The world of franchising beckons with the promise of financial freedom and being your own boss. But before diving headfirst, a potential franchisee needs a solid foundation of knowledge. Enter James Clear’s Atomic Habits, a transformative guide to building habits that stick. This book reveals how seemingly insignificant actions, repeated consistently, can lead to remarkable…
As a smart potential franchisee, you’re not just investing in a brand or a product – you’re investing in a proven system and a wealth of experience that has been honed over years, sometimes decades. A franchise’s time in business is an important factor that should not be overlooked, as it can offer significant advantages…