Nathan Magnuson

OCTOBER 28, 2013

Several years ago when I was in graduate school, I invested a summer at a major restaurant franchise with the hopes of landing a corporate role after I graduated. I worked with an incredible operator who went out of his way to help me build my network with the corporate staff. Through one of the […].

Franchising 202

Franchising Influence Operations Leadership 202

Strategy Driven

JANUARY 11, 2021

Owning a franchise is an easy and affordable way of starting a new business. As a franchise owner, a lot of the heavy lifting involved in starting a business is already done for you. Franchisees can take on an already established brand and don’t have to worry about marketing themselves, as this is done by the franchise centrally.

Franchising 65

Franchising Licensing Depreciation Software 65

Strategy Driven

NOVEMBER 16, 2020

Franchising is a the ultimate definition of scale where a business owner removes themselves completely from operational responsibilities in order to become a coach to others who wish to enter the world of entrepreneurship. billion and a boat that is larger than some countries.

Franchising 65

Franchising System Entrepreneur Strategic Planning 65

Strategy Driven

JUNE 3, 2021

There’s no denying that you’ve got several routes into the world of commerce, and one of those is starting a franchised business. Many of today’s top everyday brands that you see on your travels are franchised organizations, so that’s proof alone they are a winning idea. Myth #2: Franchises Will Make You Go Bankrupt.

Franchising 65

Franchising Brand Entrepreneur Licensing 65

Strategy Driven

MARCH 16, 2020

This is where franchises come in. The main advantage of a franchise is that you don’t need to establish your business in a competitive marketplace. With a franchise, you have that brand awareness in place already, and the marketing burden is largely taken off your shoulders. Advantages. Disadvantages.

Franchising 65

Franchising Supply Chain Business Model How To 65

Strategy Driven

NOVEMBER 20, 2020

When choosing from the many senior care franchise opportunities in Markham , you need to be sure if you are doing the right thing. The response you get to these questions will determine to a large extent if the franchise system is worth investing your hard-earned money. One way to do this is by getting answers to several key questions.

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Franchising Outsourcing Survey System 65

Strategy Driven

SEPTEMBER 24, 2020

Franchising your company is a good way to earn more revenue, grow your brand, and take on exciting new opportunities. People often assume their franchise’s growth will come naturally, but businesses don’t grow on their own. You need to be willing to put in the work to make sure your franchise grows. Have a teacher’s mindset.

Franchising 58

Franchising Tips Business Model Brand 58

Leading Blog

JULY 10, 2023

He was also the first African American to own a McDonald’s franchise in Birmingham, Alabama, among other firsts on his journey. Find your center and operate from it. Beginning as a sign painter for the local Coca-Cola bottling company, he would become the first and only African American to serve on the company’s board of directors.

Franchising 215

Franchising Discount Guidelines Follow-up 215

Strategy Driven

APRIL 29, 2019

Owning a franchise is an easy and affordable way of starting a new business. As a franchise owner, a lot of the heavy lifting involved in starting a business is already done for you. Franchisees can take on an already established brand and don’t have to worry about marketing themselves, as this is done by the franchise centrally.

Franchising 52

Franchising Licensing Depreciation Cost 52

In the CEO Afterlife

DECEMBER 31, 2011

There has to be a break from day-to-day operations in the process. Brand Managers inherit brands and manage existing franchises. Strategic Plans have to start with deep strategic thought and the right conviction. A ‘do-more-of-the-same but better’ attitude will surely result in mediocrity. Why Mission Statements Suck [link].

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Blog Mission Statement Strategic Planning Brand 222

Strategy Driven

DECEMBER 29, 2016

Franchising is a the ultimate definition of scale where a business owner removes themselves completely from operational responsibilities in order to become a coach to others who wish to enter the world of entrepreneurship. billion and a boat that is larger than some countries.

Franchising 50

Franchising System Entrepreneur Strategic Planning 50

Mike Cardus

AUGUST 9, 2013

Example – Working with a large Coffee and Bake Shop franchise headquarters wanting the district managers to use Coaching & Feedback as opposed to authority and demands with the franchise owners. Management must be OK with the team changing the steps, as long as the change goal is met you cannot micromanage the process.

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Resistance Franchising Power Management 141

N2Growth Blog

JUNE 11, 2010

Listening, engaging, reciprocating – have earned us 2 billionaire backers, 4000+ franchising inquiries & 300+ stores now in development (launched franchise company in Fall '09). link] Social Influence Measurement – Tools, Resources & Commentary | Digital Marketing Blog // Digital Operative [.]

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Media Influence Blog Real Estate 407

Strategy Driven

MAY 16, 2018

This is where franchises come in. The main advantage of a franchise is that you don’t need to establish your business in a competitive marketplace. With a franchise, you have that brand awareness in place already, and the marketing burden is largely taken off your shoulders. Advantages. Disadvantages.

Franchising 51

Franchising Supply Chain How To Business Model 51

In the CEO Afterlife

DECEMBER 11, 2011

Firstly, by facilitating all aspects of Apple’s hardware and pre-installing its own operating system, he secured sustainable competitive insularity. Campbell’s happens to be profitable but they’ve been trying to fix their weakening soup franchise for the past 15 years. Secondly, he innovated with blockbuster products iMac and iPod.

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CEO Advertising Franchising Brand 201

Leading Blog

AUGUST 20, 2019

Examples may include selling products online, starting a consulting business, or purchasing a semi-absentee franchise opportunity. It means you have to be willing to invest time, money, or both in order to build your side hustle into a fledging small business operation. You can have your cake and eat it too. * * *.

Debt to Equity Ratio 205

Debt to Equity Ratio Chief Financial Officer Chief Executive Officer Entrepreneur 205

Leading Blog

MAY 18, 2018

Other interesting ideas Schramm covers: Franchising is often overlooked as a real entrepreneurial business and is generally not taught in colleges. You should operate with sufficient flexibility so that you are open to considering other ideas as you work on your original concept.”.

Planning 176

Planning Entrepreneur Franchising Learning-by-Doing 176

Strategy Driven

JUNE 17, 2024

Some of the business models to consider include: Franchise Model: Franchising lets you run your business under an established brand name, get ongoing support, and profit from its marketing strategies Service-based Model: Here, your business mainly offers dryer vent cleaning services.

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Franchising Licensing How To Business Model 86

Strategy Driven

APRIL 7, 2021

Among these is the question of what kind of business are you actually going to operate in terms of its business structure and its function and purpose within your chosen industry. First of all, you might want to consider operating as a manufacturer within a particular niche. A Franchise. Manufacturer. Distributor.

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Business Model Franchising Retail Company 65

Strategy Driven

OCTOBER 2, 2020

You can choose to open a physical store at another site, and you can either run it or operate it as a franchise. When you open your business at a new location, you aim to gain access to new markets and customers. You can list your products on other websites like Amazon or even use social media.

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Entrepreneur Strategy Franchising Media 131

Eric Jacobson

MAY 30, 2021

What are your thoughts about a family owning a franchise business? Many families own successful franchise businesses. Of course, franchises come with rules and requirements from the franchisor -- you are not as free to build the business in your own way as you might be if you started a business from scratch.

Franchising 65

Franchising Handbook How To Survey 65

Eric Jacobson

FEBRUARY 21, 2021

What are your thoughts about a family owning a franchise business? Many families own successful franchise businesses. Of course, franchises come with rules and requirements from the franchisor -- you are not as free to build the business in your own way as you might be if you started a business from scratch.

Handbook 65

Handbook Franchising Survey Efficiency 65

Great Leadership By Dan

JUNE 4, 2015

Guest post by Brenda Corbett : The Star Wars franchise has seen numerous leaders, including great ones of the dreaded Dark Side. The operative term here is “my motivation.” With Star Wars: The Force Awakens coming out late this year, we will see new and old leaders take the big screen with various styles of leaderships.

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Executive Coaching Leadership Franchising Motivation 120

Strategy Driven

JUNE 6, 2014

I recently stopped for lunch at a franchise restaurant. I went to their website, where franchise chains allege they want customer comments. The franchise owner later called. We’re a franchise,” he admitted. Franchisers should not sell sure-fire promotions to build sales as part of the worth of the franchise.

Franchising 68

Franchising Marketing Strategy Strategic Planning 68

Steve Farber

JULY 24, 2017

1 place to work in Minnesota for four consecutive years, and more than 3,000 people – franchise owners, employees, and club members – have gotten the company’s running man logo tattooed on their skin. It’s been tabbed as the No. It’s hard to beat tattoo loyalty.

Franchising 66

Franchising Entrepreneur Bottom-up Strategic Planning 66

Great Leadership By Dan

APRIL 23, 2015

Or how Larry Page and Sergey Brin stretched beyond search, expanding into productivity software, operating systems, hardware, self-driving cars, advanced robotics, and even life-extension technologies. Their answer was Curves—a women-only club which is now the world’s largest fitness franchise chain.

Innovation 120

Innovation Business Model Franchising Trends 120

Miles Anthony Smith

NOVEMBER 1, 2018

Janitorial and Cleaning Services Operating a business from your home and staying on top of cleaning can be tough. If you go the non-medical route, you need to decide if you want to be part of a home care franchise or go independent. For those interested in selling franchised clothing from home , there are a number of great options.

Tips 95

Tips Franchising Cost Travel 95

Strategy Driven

JANUARY 3, 2020

Fortunately, there are a number of proven ways for restaurant owners and operators of all kinds to raise the bar higher. From focused franchise accounting services to one-off consulting projects, the required kinds of support are now readily accessible. There are Ways to Improve Any Restaurant’s Operations.

Franchising 65

Franchising Operations Tactics Long-term 65

Tanveer Naseer

DECEMBER 8, 2015

Great execution can elevate a flawed plan; at the same time, poor operational capabilities can easily sink a great set of ideas. The real magic for me as a leader was understanding how to shape our strategy and operational plans by integrating ideas from others and empowering them to bring those concepts to life.

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Team Rogers Diversity Franchising 100

HR Digest

DECEMBER 12, 2023

The move follows through with their “Operational Excellence Program” that they announced in October 2022, adding that additional organizational restructuring was necessary, highlighting that certain corporate functions would be supported by third-party outsourcing providers in addition to the Hasbro job cuts. Travelling and Trekking ?

Franchising 98

Franchising Restructuring Outsourcing Retail 98

Strategy Driven

NOVEMBER 11, 2019

This is fairly common, and will often take the form of a franchise fee. The franchise fee is an annual fee submitted whenever the LLC submits its annual report. The annual report contains information regarding total revenues, total operational expenditures, philanthropic expenditures, etc.

Franchising 11

Franchising Document Report Resistance 11

Strategy Driven

MAY 20, 2021

From here, then you will need to contemplate whether or not you would prefer to start a business from scratch or own a franchise. This is particularly important if you are planning on running a franchise, as your responsibilities will be mainly management and administration-based instead of dealing with the public.

Franchising 66

Franchising How To Proposal Brand 66

Strategy Driven

JANUARY 26, 2021

As there is no other way to operate for your business, you know that you don’t have any worries of competitors doing things differently. Maybe it is franchising your business or selling the business plan and potential that your business has.

Outsourcing 127

Outsourcing Advertising Media Franchising 127

Strategy Driven

NOVEMBER 3, 2021

For instance, if you are ready to expand or operate a small business, you must decide when to purchase and plant the container. Not everyone is willing to work with large businesses and franchises, so a cozy coffee shop is a good choice. You should see a shipping container for yourself and decide what type you want to work with.

Business Model 105

Business Model Construction Transportation Franchising 105

Strategy Driven

DECEMBER 9, 2020

Yes, the team is there to help you, but an owner knows best, and he should look at all aspects of the business and check that all operations are working efficiently. Don’t think that you’ll be making passive income and profits by delegating all the work to your team of professionals.

Quality 93

Quality Succession Entrepreneur Due Diligence 93

Strategy Driven

OCTOBER 11, 2019

In the US, McDonald’s doesn’t allow franchise locations near highway rest stops. All McDonald’s locations in rest stops are directly owned and operated by the corporation. A neighborhood restaurant relies on customers from nearby. It can’t survive if it’s alienated them.

Brand 11

Brand Real Estate Game Theory Franchising 11

Change Starts Here

MARCH 5, 2015

An airline adopted Lean Six Sigma concepts to increase agility and reduce waste across the operation. To push decision-making authority closer to the customer, a restaurant chain modified its franchise management structure, redefining roles and responsibilities across its many locations. Reorganizing and Redefining Roles.

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Six Sigma Agility Franchising Airlines 60