Maintain your old Siemens Hipath system

Expanding Franchisee Advice

Franchisor expansion policies are not as simple as one might think. On the mind of every businessperson is the idea of expansion. We think we will make more money when you expand to a second, third, fourth, etc. unit, store or work truck. So you would think if you are franchisee of a large franchise system that the franchisor would want to help you into that additional outlet as soon as possible or, like some franchisors, much sooner. After all they will make more royalties and have an additional unit or push pin on their map of the country or state. The franchisor's goals are actually more complicated than that. Our goal is your success-profit-happiness. Running an additional unit can create tremendous amount of headaches, which a franchisee may or may not be ready for.

Most franchisors have simplified this process of expanding for their franchisees. It does take time however. For instance:

Training of a manager

Hiring of crew members

Scheduling modification

Finding a good lease

Modifying the location

Installing the equipment

Increasing the percent of new customers

Setting up a labor payment programs

Grand Opening Marketing

Vendor Notification and Logisitics

And this is just the start. Some franchisors want to see the franchisees other unit or original unit busting at the seams first. Some even recommend that you have a minimum of 1.5 times what a typical unit in he franchise system does adding units. If your unit or outlet is failing it makes little sense to dig a deeper hole. Get the problem first, then fix it. In other words, get too much business, then expand. Don't expand into the next unit until you have enough business to support both with the first one. This is one reason franchisors often have different policies for corporate franchisees and individual franchisees.

A large corporation can absorb the expansion costs without taking money out of the profits of the existing units. Not every new franchisee going into franchising today understands this, but it is something you should know and think on.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs

In The News:

Celebrations in France after World Cup triumph
Sun, 15 Jul 2018 16:54:00 +0100
Crowds of French fans have gathered in the streets of Paris and other cities to celebrate their team's World Cup triumph.

Five other winners from the World Cup
Sun, 15 Jul 2018 19:00:00 +0100
France put on a thrilling show to win the World Cup final.

Trump arrives in Helsinki ahead of meeting with Putin
Sun, 15 Jul 2018 16:49:00 +0100
Donald Trump has called the European Union a "foe" of America, as he landed in Helsinki for a summit with Vladimir Putin.

Indictments cloud Trump-Putin summit in Helsinki
Sun, 15 Jul 2018 14:36:00 +0100
Stories drop so thick and fast with Donald Trump it's vital you stand back and take stock.  

Cave rescue boys in tears over diver's death
Sun, 15 Jul 2018 10:59:00 +0100
Twelve boys rescued from a flooded cave in Thailand shed tears as they paid tribute to a diver who died during the rescue mission. 



tikatoshop.it

Erfahrungen mit Pallhuber Wein
Agen Bola SBOBET Terpercaya

Travel in comfort and at your leisure with CT Airlink Limousine & Car Service for top quality private transportation and exceptional customer service. We operate Sedans, SUVs & Vans for CT Car Services to covering all Connecticut airports including Car Service from CT to Newark Airport , Mohegan Casino Uncasville CT, Foxwoods Casino Mashantucket CT, Manhattan Cruise Terminal NYC, Brooklyn Cruise Terminal NYC and Bayonne Cruise Terminal NJ. CT Airlink hire licensed and friendly chauffeurs who have in-depth knowledge of the Areas.

Pressure Washing at Golf Courses

There are many potential niches for pressure washing companies that... Read More

Small Business Success Tip: Learn Something New Everyday

Your grandfather probably told you to "learn something new everyday".... Read More

The 5 Traits of Baby Boomer Business Owners

As a practitioner and student of Small Business Marketing, I... Read More

Become The Squeaky Wheel and Watch Your Business Skyrocket!

Providing high quality customer service is a must for any... Read More

Small Business Computer Security, the Basics

Anyone in business today realizes both the natural dependency on... Read More

Boston Suburban areas a good choice to run a business

BioTechs even with the latest news had shed over 1000... Read More

Is Your Business Legally Prepared?

It is imperative to have your business legally prepared. How... Read More

Effectively Completing the Operations Plan Section of Your Business Plan

The Operations Plan is a critical component of any business... Read More

Success Tips for Small Business Owners

Running a small business requires many skills. However, to do... Read More

If You Want To Be Remembered...

Send handwritten notes. That applies whether you're a guy or... Read More

Look Like Sizzle, Be The Steak

You've heard marketing and advertising gurus quip, "Sell the sizzle,... Read More

Self-Employment: Managing Your Money: Tips for Living with a Fluctuating Cash Flow (Part One)

The way you manage your money is one of the... Read More

Choose Your Own Guru

What is a guru?A guru is a teacher. A mentor.... Read More

The More you GIVE the More you GET

Why give freebies?We have all seen freebies at trade shows... Read More

Dealing With a Crooked on the Take Government Worker

Many government department heads are on the take. Oh they'll... Read More

Is Your Business Property Safe and Secure?

Security Professionals provide the products and services necessary to create... Read More

Grants vs. Contracts

Commonly folks have asked me what the technical difference is... Read More

Excuses Franchisees Make; When They Violate Exclusive Territory Agreements

One of the biggest excuses franchisees of home based and... Read More

Where Can I Get Clients From?

The following tips have come from a wide variety of... Read More

WARNING to Home Based and Small Business Who Want to Buy Television Cable Advertising

Most small businesses will not even try to advertise on... Read More

Window Cleaning Business Start Up

Should you buy a business opportunity or Franchise if you... Read More

10 Best Practices to Consider as Your SBIR Negotations Approach Contract Signature

10 Best Practices to consider as your SBIR negotiations approach... Read More

Bringing Home the Bacon

In general, all of us know how to accomplish the... Read More

Smart PR Tactics for Small Businesses

Small businesses need Public Relations, possibly more than large corporations,... Read More

Web Based CRM Systems: Get Mobile; Get Results

Everyday more web based companies enter the business scene. The... Read More