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Recruiting The Right Franchisees For Your Franchise

April 11, 2017 // 0 Comments

As a franchisor, it is your vision to see your business evolve into a brand, and then a household name! But that doesn’t come easy. The success of a franchise lies, first, in developing a clear brand identity; then, finding the right franchisee who understands the core aspects of your brand. Despite the fact that franchisees […]

Overcoming Fear and Finding the Right Franchising Opportunity

April 10, 2017 // 0 Comments

Do you want to buy a franchise but are afraid of unexpected difficulties? You’re not alone. Too many entrepreneurs, especially first-time franchisees, can resonate with you. Franchise buying is undoubtedly an exciting business proposition, but it’s also risky. This investment, sometimes costly or uncertain, could make or break your future. This is precisely what intimidates buyers. Common franchise […]

Check List For Buying A Franchise

February 14, 2017 // 0 Comments

    1. Key Financial Information Current financial statements, preferably going back three years: i.   Balance Sheets ii.  Profit & Loss Statements iii. Business Tax Returns iv.  Projected Sales & Profits   2. Fees Consider the fees of various types of services/equipment you will acquire: i.    Current Fess ii.   Ongoing Fees iii.  Benefits You Receive […]

Is franchising right for you?

February 13, 2017 // 0 Comments

Although buying a franchise is a worthwhile decision, it really isn’t for everyone. Operating a franchise requires various resources as well as a certain mindset. Are you the right candidate for buying a franchise? These questions will help you make an informed decision: What are your interests? From restaurant to retail, franchise industries are unlimited. […]

5 solid strategies to promote your franchise

February 10, 2017 // 0 Comments

New to franchise marketing? Promoting your franchise is crucial to spread business awareness, attract customers and generate sales. Not to mention, franchise promotion becomes even more necessary if you want to expand your unit.   How should you market your franchise? Here are 5 tips to get the most out of franchise marketing: 1. Know […]

Want to expand your franchise? Here’s something to think about

February 8, 2017 // 0 Comments

Do you plan to expand your franchise? Moving from single to multi-unit franchises is a major step. Although the rewards are plenty, one shouldn’t ignore the risks associated with franchise expansion. Successful expansion requires careful planning and seamless execution. Here is how to go about it: Evaluate the purpose of expansion Regardless of industry, franchisees […]

5 Tips For Franchise Owners To STICK TO A PLAN

December 15, 2016 // 0 Comments

We usually start off new endeavors with the best of intentions. Then along the way, we lose sight of our goals & fall off the wagon. Here are some tips from franchise experts at BizHubNow to help you stay on track!   BREAK IT DOWN No matter how big your goal seems, the path towards […]

Profitable, Accessible And Praise-Worthy – How To Be A Great Boss!

December 14, 2016 // 0 Comments

  A great boss has to achieve outstanding results for their business, while also realizing their personal goals successfully. At the same time, they must extend the same kind of courtesy to their subordinates, employees and team members, allowing them to reach fulfillment. Whether you are running a franchise, or spearheading your own personal business, […]

5 Tips For Sticking To Your Plans Successfully!

December 2, 2016 // 0 Comments

We usually start off new projects and plans with the best of intentions. And then we quickly forget all about it and fall of the wagon. But when things start going south, we pause and reflect on where it all went wrong. The trouble with enthusiasm is that it makes everything seem easy. However achievable […]

Running a Successful Franchise: What’s involved?

November 1, 2016 // 0 Comments

Starting a franchise business is hard work no matter what type of product or service you sell. Ensuring its continued success year after year needs a strong set of skills. You will need to put in considerable amounts of time and money behind your new franchise venture. And despite all the hard work, there will be days […]

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