If you are seriously considering buying a franchise, you should be aware of the franchise types that are available. Since you want to work on an already proven model, you should be able to identify which sector of the industry you are comfortable working in, depending on your financial status. While franchises can be differentiated […]
If you own a business in multiple locations, you should consider franchising it. Like living cells that multiply and reproduce into thousands in no time, a carefully executed franchise program can spurt your business growth globally. Notable examples are 7-Eleven that has 36,000 stores in 20 countries and Subway with 33,000 outlets spread across 91 […]
If you are looking to hire a franchise broker just because you have heard that this is what all franchisees do, then pause. You need to understand who you are hiring exactly and how that individual can help you with your franchise buying decisions. “Franchise Broker” is a broad term. These professionals can be franchise […]
When I hit the three year mark in my own business, I did what many business owners and entrepreneurs do, I hit a wall. No matter what I did, I couldn’t seem to find my way around it, over it, or through it. It wasn’t my sales or marketing skills, it wasn’t the delivery of […]
As ActionCOACH business coaching celebrates its 20th anniversary in franchising, I would like to revisit the humble beginnings of franchising as a business model and show how franchising has adapted to the needs of both consumers and entrepreneurs alike, making it one of the most successful and prevalent business models today. Franchising as a business […]
I’m sure everybody reading this article knows somebody who can regale you with tales of a nightmarish boss. You might even be that person. Power trips, backstabbing, favoritism – some bosses, intentionally or unintentionally, purposefully pit their workers against each other so as to prevent anybody from potentially challenging their own position. Others simply don’t […]
Major changes in the worldwide population affect not only who consumers are today, but also the available labor market. Franchisors and franchisees alike must adapt to this changing customer and employee base to find opportunities for growth. So how do young adults, millennials and franchising, impact business in our digital age? The “Millennial” generation—those born near […]
A lot of books have been dedicated to the subject of debt and money. It seems simple enough: don’t spend more than you make. As you know, this is not what reality actually entails. Sometimes it’s the person’s fault: they wanted that new, shiny car, or maybe they felt like going on a shopping spree. […]
My name is Rick Plaskett, I live in Atlanta Georgia, and I’m a business coach in the ActionCOACH community. In the last 8 years, I’ve journeyed beyond all my expectations, and daily I get to see that there’s so much more to experience. Thorough ActionCOACH, I’ve connected with some incredible minds, and some huge hearts. […]
Barb Kyes: It’s really interesting when people ask me how I ever became a business coach, I never thought I’d be who I am today.I was born and raised in a small town called Ottumwa Pennsylvania, and early in my life I made some decisions that weren’t such great decisions. Through those challenges I’ve really […]
Every person should have the expectation of a safe workplace. This doesn’t just include occupational hazards, but also from the people you work with. In an ideal world employees don’t get bullied or harassed by their coworkers, but as many of you (unfortunately) know from experience, having rules in place to stop that behavior doesn’t […]
Hi I’m Brad Sugars, Chairman and CEO at ActionCOACH. The team asked me to make a quick video because a lot of people don’t understand franchising, and I recommend franchising highly. When I recommend franchising, people ask me why do you recommend franchising. Well, if it’s your first business, 100% I would recommend franchising. In fact your […]
Today we’re learning about management vs leadership. I want to say that leadership is one of the biggest problems in business. Not because leadership is bad, but because there is a lack of management leading to the leadership. Let me explain that for you. Ultimately leadership is something that everyone is studying…they’ve read the books, […]
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