So You Own a Franchise Pt. 2: 5 Management Tips
Think back to your first job (or any job). Do you remember if you had a good or a bad boss? Of course, you do. You might forget what project you worked on or the name of your least favorite…
So You Own a Franchise Pt. 1: 8 Recruiting and Retention Tips
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…
5 Great Skills Veterans Possess
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…
Why On Earth Would I Pay a Franchise Fee?
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…
When to Run From Your Franchise Broker
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…
What Is a Semi-Absentee Business?
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…
Top-Down Vs. Bottom-Up Franchises
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…
The Real Power in Franchise Validation
There are many critical stages of 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…
The Power of Goal Setting
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…
Military to Civilian Career Transition Tips
This article was written for Hundred Acre Consulting by Veteran, Daniel Klein. Daniel transitioned from being an active duty Captain in the Army to a successful small business owner in the civilian world. Making the move from the military to…
