What Franchisors Do to Reduce Performance Variability
5 Business Features That Let Franchisees Focus on ExecutionDuring due diligence, franchisors will explain the key features of their business models. For you, as a candidate, it is especially important to evaluate how those features [...]
Published On: February 28, 2023
Why Larger Franchise Investments Do Not Necessarily Lower Risk?
High-Cost Retail Franchises May Seem Safer, But Leases, Operating Costs and Other Factors Increase Risk There is a widespread assumption in franchising that investing more money will lead to a greater income and [...]
Published On: February 1, 2023
How Do You Measure Business Risk in Franchising?
Risk in Franchising is a Measure of Certainty, Predictability, and Consistency of Return When discussing franchise risk and the fears of starting a business, clients almost always discuss losing their money and [...]
Published On: January 5, 2023
3 Factors That Reduce Systemic Business Risk in Franchising
By Design, a Franchise is Less Risky than a Startup Business. Here’s Why. A few months ago I spoke to a couple who, when I met them, were validating a health and wellness franchise. [...]
Published On: November 27, 2022
Is Your Job Really Safe? No!
Amid Sweeping Layoffs and a Looming Recession, Americans look to Franchising for Security There are sweeping waves of layoffs hitting Corporate America. Amazon, Meta (Facebook) and Twitter all announced layoffs. Same with Salesforce, [...]
Published On: October 27, 2022
Redefining The Arc of Your Career
Reasons to Make a Mid-Career Change to Franchising An interesting thing about life is that while all of us consider ourselves and our journeys unique, the arc of the human odyssey is similar. [...]
Published On: September 14, 2022
Growth Mindset vs. Fixed Mindset: What’s the Difference?
How Perception Impacts Your Ability to Change Mindset is everything in business and life. I have come to believe that the greatest distinction between people who follow their dreams and those who [...]
Published On: August 31, 2022
What is Quiet Quitting?
Disgruntled Employees Have Resorted to Quiet Quitting, But Franchising Offers a Better Path Quiet quitting has become a popular buzzword lately, but it has actually been a thing for a long time. [...]
Published On: August 10, 2022
Scaling The Wall of Worry With a Franchise
There will Always be Challenges in Business Ownership, but the Right Mindset Helps Overcome Them It is said that business success and achievement climb a wall of worry. Stated differently, there are [...]