For those of you unfamiliar with the franchise television series, Undercover Boss, featured on each episode is a different senior CEO, owner, or executive of a different company/corporation who goes undercover as an entry-level employee within his/her own company. During his or her time “playing” an entry-level employee lacking experience,
food franchising vs. home service franchise With the presence of so many ever-changing fad and elimination diets, it is not easy to know how long a popular diet, or food choice will last. Not only is the popularity of the type of food we eat always changing, but also the way
Because buying patterns continue to change based on who the predominate purchasing generation is, so too will business models and selling methods. Being in tune with the newest trends, behavioral patterns of consumers, and what marketing avenues the purchasing generation responds best to is key in a business owner’s continued
Although Millennials have been, and still are the current dominate workforce, individuals that fall under Generation Z (born within 1995-2012) are officially beginning to enter the working world. With their entrance, will come future business model changes in order to remain relevant and recruit a staff for the future wellness
Recently, we came across an article on Forbes.com called “13 Mistakes New Franchisees Make — And How To Avoid Them”. We found this article to be particurally interesting because many of the talking points that are addressed within it are common franchising fears that we hear often. This article has
Are you ready to purchase a franchise? Have you conducted your research? Be sure to avoid these common franchisee mistakes! Unrealistic expectations Not doing your research Not speaking with current franchisees prior to purchase Not reading and/or not fully understanding the FDD (Franchise Disclosure Document) Believing that other franchisees are
So, you have imagined a vison of business ownership. You’ve done your research, and you’ve established what you want in a business model and have decided to purchase a franchise. At this point, you are ready to begin your journey. You are excited about following a system to success, but
When thinking about starting a business, market research is one of the most important aspects, prior to getting your business up and running. One of the most important parts of your research should be establishing market demand. Market demand is exactly what it sounds like. It is the general demand
In a society where the need to get a four-year degree has been ingrained in the minds of young people, for most, it seems like the only option. But, unfortunately, after completing the years of schooling required to receive that degree, most college grads are left jobless and/or forced to
You have a large interest in the operations side of business, and you’ve always dreamed about owning and operating your own business but you’re still stuck at a 9-5 job, because after all it pays the bills, right? Does this sound like you? If it does, chances are you are