Franchise & Business Owners: Don’t Worry About Passion
“Your passion for your business is most critical because it will drive your eventual success.” So said an “expert”. Who comes up with this stuff? It reminds me of the “expert” who said that most businesses fail for lack of cash flow. Huh? Most businesses fail because the business operators had... View Article
Be careful about who you talk to when you interview franchisees. “After talking to your franchisees, I’ve decided this isn’t the right business for me.” As a former franchisor, I occasionally heard that statement from prospective franchisees, and I always asked, “Who did you talk to?” Sometimes the prospective franchisee... View Article
Rita’s Water Ice is one of my favorite American franchises. It’s headquartered in Philadelphia, the greatest city in the world, and it’s perfect for Kuwait and the Middle East. Rita’s serves authentic Italian water ice — cool and refreshing, a favorite treat for children and adults — it can be... View Article
If The Franchise Isn’t A Phenomenal Business Model, Run!
When the Twitter “franchise victim” said, “Franchising is a phenomenal business model for the franchisor” — did you believe him? A few readers who wrote to me actually did. Of course, they also claimed to be “franchise victims.” Disgruntled and pimping his own opportunity But most readers who wrote to... View Article
The Most Important Question To Ask Before You Buy A Franchise
“If you had the chance to buy a franchise all over again, would you still buy a franchise from this franchisor?” That’s the single most important question to ask franchisees before you buy a franchise. It’s not the only important question Granted, there are other “important” questions,and I tell you... View Article
Powered by WishList Member - Membership Software