The Franchise Fix: 12 Keys to Make the Most of your Franchise

 

There is a big confusion in the franchise world: franchisees believe that when they acquire the rights to duplicate a brand, they will receive everything they need to be successful. The reality is they only get one part of the formula. This causes unfulfilled expectations, constant frustration, tremendous struggle, hard work, and sometimes sadly, even failure.

But there’s a way to fix that to make the most of these businesses. I have found that there are 12 keys to being a successful franchisee. And I have portrayed them in The Franchise Fix, a book that collects my 30 plus years of experience in this industry, working with franchisors and franchisees and running operations, units, and brands.

Do you want to discover those best practices and how applying them can help you obtain financial and time freedom

How The Franchise Fix was born

After a 25-year career in the franchise world, I wanted to take a sabbatical and then go back into the corporate world to...

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How to Increase Sales in your Business in 4 Steps

numbers profit sales Jan 12, 2022

We can’t deny that the increase in the costs around the world makes it more difficult for small business owners and franchisees to operate their business, maintain their team, grow, and achieve their goal of time and financial freedom. That’s why knowing how to increase sales in your business, even in these uncertain times, is key to protecting your profitability.

To do so, you need to make some adjustments. This is critical not only because sales are the oxygen of every business, but also to have a healthy and prosperous company in the short, mid, and long term.

Do you have a succession plan for your franchise? Review these recommendations to build one.

Increase Sales in your Business with These Strategies

To boost your revenue you can increase the number of customers to grow your transaction count or have each customer pay you more either by increasing your prices or influencing their buying decisions improving, therefore, your average ticket.

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