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…
My advice is as follows:   Start with what you need to live your life as you are doing right now   Then find a franchise that will potentially and realistically give you that income   Then check if you can raise enough money (remember to factor in any borrowing costs!). A franchisor will have plenty of serious options for you to finance your choice or they…
It’s simple. Do the things that your franchisor (the expert) sets out in your franchise agreement and manual, at the right rate with the right attitude.   This will bring you maximum success and, worst case, will enable you to engage in constructive discussion with your franchisor.   When choosing your franchise look at the systems and that have been set out and ask yourself two questions:   …
Before you invest in any business, you need to hear about the challenges - the bumps in the road. This is so important. Franchisors are sometimes fearful that franchisees will be turned off if they raise the challenges like long hours, early start times, staff management and accounts.   My argument is that if you are turned off by the mention of these things then you should not invest in any franchise…

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