1. Franchise Opportunity - 5 Questions to Ask About The Franchise
November 23, 2005


Franchising has become one of the most important and effective business growth strategies in the past quarter century. Although franchise system development dates back centuries to the times when monarchs awarded territories to tax collectors, current franchise business systems date back decades to the Singer Sewing Machine strategy of granting rights to individual business people to sell Singer products in various regions. A Franchise strategy allows the Franchisor to penetrate, develop, and dominate markets on a simultaneous basis. A Franchise system also allows for each individual Fran... (read more)

Author: Dennis Schooley | Article Views: 773

2. Franchises - What's The Exit Strategy?
November 23, 2005


At an International Franchising Symposium in London, Peter Holt made the bold statement to his audience of Franchisors that they needed to understand that their business would fail, and in fact all businesses are bound for failure. Needless to say, there were a few shocked faces in the crowd. He was making the point that it really is just a matter of the number of calendar flips before time strangles any business. It’s a hard point to argue when you think that the Neanderthal Fortune 100 included Barney’s Dinosaur Obedience School. Not a lot of money in that these days. Evolutionary chang... (read more)

Author: Dennis Schooley | Article Views: 783

3. Franchises - Emotional Fulfillment - The Challenge
November 23, 2005


Does A Franchise Meet Your Needs? Do you look forward to Friday afternoon or Monday morning? Perhaps that’s the true litmus test of happiness. If you’re thinking about the fact that there’s only one day to go before the weekend, when you just got back from lunch on Wednesday, it may be time for a change. Maybe your day-to-day activities simply aren’t all that fulfilling. Maybe you’re in a rut, and it feels like you have to crawl up the side of the Chrysler building to get out. I seem to carry a certain amount of guilt on weekends because I’m always looking forward to Monday morning. ... (read more)

Author: Dennis Schooley | Article Views: 756

4. Franchises - Emotional Fulfillment - Controlling Your Own Destiny
November 23, 2005


Does A Franchise Meet Your Needs? When you think of becoming a businessperson by making the transition from employee to Franchisee, you don’t generally think in terms of emotional fulfillment. However, in reality, the evaluation of emotional factors should play a significant role in making that final decision to join the world of the capitalist, or remain in the realm of employee. Of course, every analysis should include the standard of comparing risk to return. It should include income projections, and cash flows. It should include the analysis of financing avenues, site selection a... (read more)

Author: Dennis Schooley | Article Views: 620

5. Franchise Opportunity - Questions To Ask The Franchisor - #1
November 23, 2005


Finding The Right Franchise Whether it’s hamburgers, pizza, telecom, coffee, Internet, muffler parts, or seniors’ services, there are Franchise opportunities available to evaluate. There are great Franchise systems, good Franchise systems, and bad Franchise systems. The challenge is to ask the right questions to find the right system that will fit your goals and dreams. The key is to ask the questions – and listen closely to the responses. Only then can you determine if the Franchise opportunity is the right fit for you. So whether it’s food services like burgers or coffee, professional s... (read more)

Author: Dennis Schooley | Article Views: 701

6. 3 Simple Secrets to Manage Stress
November 17, 2005


Stress can be caused by a number of situational factors, but if you find you have constant stress in your life on a regular basis, it could be due to your own personality traits. Fortunately, these traits can be changed with three simple strategies to manage stress. First, consider whether or not you are prone to perfectionism. Overly critical parents or teachers during your youth may have caused you to strive for complete perfectionism, which is not necessarily a good thing. Most perfectionists are frustrated and have high stress levels. Many are procrastinators because of the overw... (read more)

Author: Amy Grant | Article Views: 736