Owning your own food business, or any business, is a little like going back to school. Instead of grades however, you need to improve your business acumen – sales, financial, customer service, communication skills - and adapt to the various challenges that will be thrown your way. Here we have compiled some top tips for self-improvement.   Never say never   Business is best approached with an open mind. By…
So, you’re following your business plan and all the systems and process of your business or franchise. The orders are rolling in at a steady pace, and you’ve got sales appointments lined up. On the whole, business is going well. However, are you going to accept that as the status quo, or are you going to push for something better? Starting your own business isn’t merely about being content with your lot – it’s…
I am taking about self discipline. This means every day ensuring you do the things required of you to achieve results. Every day doing the things you said you would do to make your franchise a success, and doing them in the right frame of mind.   Yes that’s right, you can see it now: to be really successful in any franchise you are going to have to be more in control…
Looking for a food business for sale can often be a mine field. Every business has a history, and with that history comes risk. Don’t let that put you off though as there are things you can do to minimise the risk when investing into or buying a food business for sale.  Emotion will play a big part in selecting the right food business for sale and that’s great as you have to be…
What is franchising? Well have a look at the British Franchise Association’s website for their true (but complex) definition. They are the industry body for franchising. My definition of franchising (ie a real life franchisor who is franchising right now) is:   A proven business model (business that is real and doing it right now) that has detailed guides on how to do what that business (B) does in the tangible…
Up until now you are most likely to have relied on an employer to take responsibility for ensuring a business runs well enough to pay you money. Yes of course you may have thought your line manager, colleagues or boss were terrible, but the job you had led to you being paid, having holidays, weekends, maybe the odd sick day off and so on.   That was because other people took full…
Franchisors are ambitious. They wouldn’t take on the responsibility they do if they weren’t. It makes sense that their success is dependent to a large degree on your success and therefore they will expect you to be ambitious. Now you might think, “I am ambitious” but, be warned, one person’s excelling is another person’s mediocrity. From the off I would recommend you discuss your goals with your prospective franchisor and explain to them what…

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