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Using a Board to Help Develop Your Staff

Using a Board to Help Develop Your Staff

This is Part 7 of an 8 part series that dives into the eight key benefits of having an board of advisors and how it can help you, the business owner, achieve greater levels of success.  If you’d like to read an overview of the other key benefits,...

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Interview: The Benefits Of Having An Advisory Board

Interview: The Benefits Of Having An Advisory Board

Could you benefit from an advisory board? Last month, I was invited to speak on the Social Geek Radio podcast about advisory boards and how they can provide the experience and accountability needed to help franchise professionals succeed. During...

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Increase Your Efficiency With a Board

Increase Your Efficiency With a Board

This is Part 6 of an 8 part series that dives into the eight key benefits of having an advisory board and how it can help you, the business owner, achieve greater levels of success.  If you’d like to read an overview of the other key benefits,...

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Having Someone to Blame

Having Someone to Blame

This is Part 5 of an 8 part series that dives into the eight key benefits of having an advisory board and how it can help you, the business owner, achieve greater levels of success.  If you’d like to read an overview of the other key benefits,...

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Does Your Organization’s Culture Have a Shelf Life?

Does Your Organization’s Culture Have a Shelf Life?

  Earlier this month, I gathered for a fun evening of food and drinks for the 19th annual holiday get together of my family’s business, The Barbers. What makes this remarkable, is that these yearly events continued after the business was sold...

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Accountability and the Franchise Life Cycle

Accountability and the Franchise Life Cycle

I spent some time with the team at DreamMaker Bath and Kitchen recently, where I was invited to speak on the topic of the franchise life cycle. It’s an important topic for both new and veteran franchisees in helping them understand how to grow...

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The Discipline of Preparation

The Discipline of Preparation

This is Part 1 of an 8 Part series that dives into the eight key benefits of having an advisory board and how it can help you, the business owner, achieve greater levels of success.  If you’d like to read an overview of the other key benefits,...

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5 Growth Benefits For The Franchisee

5 Growth Benefits For The Franchisee

Have you stopped to consider the benefits that are available to you because you’re part of a franchise brand? Perhaps the biggest benefit is that you are not alone...and that is a powerful proposition! As a franchisee, it can be easy to get so...

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The Importance of Planning in a Franchise Environment

The Importance of Planning in a Franchise Environment

If your planning strategy mirrors many franchise organizations, you probably completed the majority of your 2017 planning before the year even began - hopefully with enough detail and accountability to ensure it’s implemented effectively. And while...

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An Attitude of Gratitude

An Attitude of Gratitude

I am convinced that life is 10% what happens to me and 90% how I react to it. And so it is with you...we are in charge of our attitudes.”  - Charles Swindoll As I celebrated my 50th birthday recently, something that struck me was how grateful I was...

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Creating a Plan for Profit

Creating a Plan for Profit

  Last year at this time, we talked about the importance of budget planning and how to create a 12-month budget to plan and project growth. If you'd like to look back and review that article, you'll find it here. Now that you have the budget...

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The Decision to “Unboard”: When and How to Do it

The Decision to “Unboard”: When and How to Do it

From disaster planning to maintaining accountability, there are a number of great reasons why every serious (franchise) company should have a board. But sometimes, despite the best intentions of a company, the board simply isn’t creating the value...

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Economic Darwinism in Franchising

Economic Darwinism in Franchising

In franchising, it’s important to remember that it’s not always the biggest or the fastest that survive – it’s those who adapt, take action and grow. For some, this means being the leader in their category – the ones who establish and execute a...

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What Makes a Deal Attractive

What Makes a Deal Attractive

Last week I had the pleasure of speaking at the 5th Annual “Franchise Capital Exchange” in Chicago. In a presentation titled, “What Makes a Deal Attractive,” I spoke to the group about my own experiences as both an investor and a franchisor. My...

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Developing the Multi-Unit Franchisee Mindset

Developing the Multi-Unit Franchisee Mindset

For many franchisees, the definition of success isn’t simply to grow a thriving single unit business:  it’s to grow and expand into additional units, as well. And while it may seem like a natural progression for many franchise owners, it does...

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Improve Your Performance as a Franchisee?  Pick Five!

Improve Your Performance as a Franchisee? Pick Five!

When I was an area developer and franchisee in various brands, I developed a simple engagement strategy that allowed me to accelerate my learning curve, develop lasting relationships and achieve my full potential as an owner.  And all it took was...

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The Currency of Time

The Currency of Time

Time can be spent or time can be invested – a lot like money in our economy. By investing time, I’m not necessarily talking about being busy. Rather, what I’m talking about is investing your time valuably in your behavior or a specific activity....

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What Does Your Headquarters Say About Your Business?

What Does Your Headquarters Say About Your Business?

There is a franchise company here in Minneapolis called Anytime Fitness that recently announced the opening of its new headquarters – a beautiful building that represents a huge step forward for the business.  Reading this news reminded me of my...

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3 Steps to Peer Group Success

3 Steps to Peer Group Success

With spring upon us, many are starting to think about spring cleaning and maybe trying something new. As a franchisor executive, this means doing more than simply cleaning out your office and doing more of the same  – it means it’s time for...

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