“My mate told me that he has just made £1,000,000 after only investing £2,000.00. It’s true, he is loaded.”   The odds of that being true are far greater than £500,000 to 1. In fact, I have never come across a business success story which doesn’t involve intelligent, controlled, hard work.   There is a simple rule of thumb in business and franchising: if something sounds too good to be…
How is it that in every franchise network the products and services of each franchise are the same, the brand is the same, the currency is the same, the market place and language used is the same YET there are always some really top performers in the network that outperform the rest?   The difference is the franchise owners themselves. The difference is their ‘state’. They might be naturally blessed with a…
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…
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…
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…

 < 1 2