Have you ever worked at a franchise? Whether it was just a high school job, a part time side hustle or a managerial position, being a former franchise employee puts someone in the perfect position to become a franchise owner.…
Think back to your first job (or really any job). Do you remember if you had a good or bad boss? Of course you do. You might forget what project you worked on or the name of your least favorite…
If you’re a new franchise owner, or even if you’re an old pro, recruiting and hiring talented employees who are good fits for your business can be daunting. It’s all about attracting the right people, and then retaining them. Use…
Did you know that according to the US Census Bureau, 1 in 10 US business owners are military veterans? This is for good reason. Veterans have often developed many skills over their years of service that help them shine when…
In dealing with clients, without a doubt the most common objection to choosing to purchase a franchise is the concept of paying a franchise fee. To many, especially those that have never owned a franchise, the concept of paying a…
By Marc Stephens If you search the Web for articles and advice on using a franchise broker, you will quickly find article after article putting them down; claiming they steer you in the wrong direction, that they only show you…
A semi-absentee business is one that can be started and run while still maintaining other obligations. Semi-absentee ownership typically requires 10 to 15 hours a week of time investment. Ownership of a semi-absentee business affords additional income to diversify current…
With over 2,000 franchise opportunities to choose from researching for the best opportunity can be a confusing and overwhelming task. Before deciding which franchise is the best fit for you, it’s important to determine which franchises are best for anyone and truly…
There are many critical stages to researching a franchise and determining if it’s truly the right opportunity for you, but few are as valuable as a stage called validation. This article will explain what validation is and what questions to…
Goal Setting Techniques from Franchise Select Group CEO, Marc Stephens In Mark McCormack’s book, “What they Don’t Teach You at Harvard Business School” he discusses a study conducted of Harvard MBA grads between 1979 and 1989. Graduates were asked if…
