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Acquisitions can make your firm more diverse

If you’re like most RIAs, one of the first pieces of advice that you share with nearly every client is to keep their portfolio diversified. In fact, most of us learned that “don’t put all your eggs in one basket” message long before we began careers in the investment...

5 Due Diligence Keys When Buying a Franchise Location

If you’re exploring the possibility of purchasing an existing franchise location, you’ve probably studied the market area and considered the potential sales volume you could achieve. You’ve probably also looked at the operation itself and determined what you’d need to...

Don’t make these 5 mistakes when acquiring a store

You’re ready to expand your franchise operation by purchasing another location. That’s exciting, and it presents opportunities for you. Acquiring another store also exposes you to a variety of risks. That doesn’t mean you should automatically change your mind. What it...

Reasons to keep improving your POS system

Because technology can be expensive, it’s easy to think of any new system as a one-and-done purchase. You’ve installed a new POS system, so you can forget about it for a few years and shift to other needs, right? Actually, that’s a shortsighted approach. Even if you...

Franchise Technology: Real Opportunity or Necessary Evil?

How technology is transforming franchises and why you can’t afford to ignore it As technology plays a growing role in the design and operation of restaurants, some of those operators are hesitant to change or resistant to replacing the familiar with something new. But...

7 Habits of Successful Multi-unit Franchisees

While outsiders may view operating a franchise as easy — after all, someone else has developed the concept and all the procedures, right? — franchisees know that a substantial commitment of time, energy, and resources is required for success. That...