Strategic planning in a time of rapid change When businesses and the financial markets are changing at breakneck speed, the idea of creating a strategic planning process sounds daunting and arduous. But having a solid strategic framework is more important than ever in... read more
The benefits of technology can carry a cost that doesn’t always receive much attention from franchise owners. It’s the significant increase in business risks that encompasses everything from the latest cyber threats like ransomware and denial of service attacks to... read more
Running a franchise business is more time-consuming than non-owners realize, and one of the biggest reasons is the amount of time involved in hiring and managing employees. Fortunately, a wide variety of apps and software can help you simplify or automate many of the... read more
In part one of our two part series of self-reflection, we discussed that self-reflection is an important exercise for your employees. In Part 2, we discuss how to do self-reflection. The importance of personal goals In simple terms, self-reflection will help employees... read more
Do your employees enjoy their work? Are they genuinely happy when they walk into one of your locations? Is their life turning out to be what they envisioned? Does each day help them grow into the person they want to be? Questions like these might seem odd for a... read more
Is delivery a necessary survival strategy for franchisees? The never-ending tension between restaurant brands and the franchisees who serve the brands’ customers has gained another sore point in recent months as chains enthusiastically embrace third-party delivery... read more
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