Tag Archives: Franchise

The Power of Leverage

IF EVER THERE WAS a concept you absolutely have to understand in order to succeed in business, it is the power of leverage. In fact, I would see less than one in 20 – or one in 30 – business owners who actually do grasp it, and even less who use it well.
So, why learn [...]

ActionCOACH Named one of the Franchise Direct “Top 100 Global Franchises”

With the Business Excellence Forum and Award and the 2011 Global Conference, it’s already been a busy summer for ActionCOACH.
But, recently another exciting bit of news was announced as ActionCOACH was recently named by Franchise Direct as one of the “Top 100 Global Franchises” in the world.
The “Top 100” list is populated by large franchisors [...]

Don’t be a Victim of a Franchise Scam

Whether you are a young person just getting started or a seasoned member of the business community, the thought of being your own boss may generate feelings of freedom, wealth, and pride.
One of the best ways to become an entrepreneur is to start a local branch of an already established business, or franchising.
While many legitimate [...]

How to Keep Your Franchise From Failing

The statistics are daunting: 80% illustrate the uphill battle every new business owner faces when opening their doors or turning on the website.
In the world of investing, if we were to read that we have an 80% chance of losing our investment, we wouldn’t give that investment a second thought.  The risk of losing it [...]

Overcoming Growing Pains Faced by New Franchisees

There is both personal and professional fulfillment in owning a franchise.
But for first-time franchise owners, as well as most first time business owners, there are many growing pains associated with actually operating and successfully running a business.
Personally, I’ve known many of these growing pains from my own experience of running a franchise.
The bad news is [...]

Is Franchising the Golden Egg for the Economy?

There is no doubt the recession and its aftermath have continued to play a major role in the economic hardships that plague the United States. Unemployment rates are still high, consumers are still too frightened to spend and there doesn’t seem to be an end in sight.
As bad as things are, it makes one wonder [...]

Want to Make the Most of Your Franchise? Work the System

There is no business that is risk-free, but working within a franchise system offers certain safeguards that starting an independently owned small business simply doesn’t.
The systems are already setup to work and, most importantly, they are setup because they work. Simply put, no successful franchise would be where it is today if their systems didn’t [...]

If You Want to Run a Franchise, Practice Due Diligence

Do you remember when looking something up required more effort than just typing some words into a search engine? In those days, researching anything, from your favorite band to the next car you wanted to buy or business you wanted to visit took real effort and time.
Today we have the Internet and finding almost anything [...]

Franchise Business Review Rates ActionCOACH Highly

I’m very proud to talk about the fact that ActionCOACH was ranked 31st in the latest Franchise Business Review in the large systems category.
Because franchisee satisfaction is so important to the health of our business, this is an award we strive for every year and, happily, earning a spot on this list is becoming routine [...]

Don’t Miss the Global Conference and Business Excellence Forum

Will you be in Miami this August?
Of course the ActionCOACH Global Conference takes place August 21 through 26 at the Fontainebleau Hotel. But that’s not the only excitement that week because the Global Conference will come on the heels of one of our newest global initiatives, the Business Excellence Forum.
The Forum will take place August [...]