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Hub You - Franchise Deals Are Sweetest on the First Day
Let’s face it. Not every business person is a marketing expert. Sure, you’re great at plumbing, moving, or appliance sales, but that’s where it ends. After all, you have an accountant, insurance person, financial planner, and perhaps an attorney to guide you in those areas you are not familiar with. So why not admit that you are also uneducated when it comes to promotion and
Few, if any, franchiser will bale you out of trouble. His contract with YOU is in HIS favor. You "pays your money" and "takes your chances".
Just skimming the TOP! YOU must DIG deep into the details before signing any franchise agreement. Please!
#1 recommendation - go to work for an existing franchisee. Learn the ropes on his dime rather than risking your own money. Be straight up and honest in every detail. This is your hour of discovery before buying your franchise.
=======================================
You found your first job and you feel a little anxious. You think to yourself – “How am I going to survive through all these?” With the right attitude and guidance, you will soon look forward to doing your best.Like any other career enhancement tips, there are no guarantees for success. However, if you bring the right attitude and decide to take action then you are ha
A few years ago, I had a business partner who bought a well known restaurant franchise. However, it was well known on the West Coast while we were on the East Coast. Six months later the building was empty. Doors locked! There stood a $350k beautiful tomb for the undertakers.
What happened?
Lots of things. Sometimes you can point to the economy. People quit eating out. Like today, gas prices soared and the lines formed at the pumps. Recently, another restaurant owner discovered that his "wonderful" cook was emptying the cooler on Sunday afternoon.
Waitress gives friends free tea and enters the drinks as water. The dishwasher carries out steaks in her BIG "hooters". For the newbie on the scene, it's one rude discovery after another.
However, one particular failure stands out from the rest. Franchisees need their own business plan. Prices are different in the South Vs the North. Also, Location, location, location is a KEY factor in success.
R.P.C.= Return Per Customer. How many customers does it take DAILY to turn a profit? Do you know? Have you run a proforma? It may really surprise you to discover the facts.
FULL CAPACITY
Activity does NOT equal PROFIT. Run the numbers with your financial advisor. You can fill every seat in the "house" and still lose money.
How many service calls do you have to make at $65. an hour to make a profit? How much can you pay the helper riding shotgun? Are you driving a gas guzzler or the economy model service truck?
Do you run a crew of 5 when 3 can do the job? These are critical questions to your success in a landscape business. My point is.... every franchiser should give you case studies of real success in their particular business.
HOW MUCH MONEY
Money is critical for the franchisee (unless you have a "sugar-momma"). When you are told it will take $50k then you need to know what happens if you need $100K more to stay in business. You are NOT an employee of the franchiser. This is YOUR business and YOUR money.
Few, if any, franchiser will bale you out of trouble. His contract with YOU is in HIS favor. You "pays your money" and "takes your chances".
Just skimming the TOP! YOU must DIG deep into the details before signing any franchise agreement. Please!
#1 recommendation - go to work for an existing franchisee. Learn the ropes on his dime rather than risking your own money. Be straight up and honest in every detail. This is your hour of discovery before buying your franchise.
========================================
Complete Industry, employer and job research gives job career search applicants a competitive edge. The work you do before the interview will pay off in spades many times over and over.Employers nationwide report soundly that applicants who research employers well increase their employability as much as 25- 40 %. Thus by doing a thorough job of research of the com
Waitress gives friends free tea and enters the drinks as water. The dishwasher carries out steaks in her BIG "hooters". For the newbie on the scene, it's one rude discovery after another.
However, one particular failure stands out from the rest. Franchisees need their own business plan. Prices are different in the South Vs the North. Also, Location, location, location is a KEY factor in success.
R.P.C.= Return Per Customer. How many customers does it take DAILY to turn a profit? Do you know? Have you run a proforma? It may really surprise you to discover the facts.
FULL CAPACITY
Activity does NOT equal PROFIT. Run the numbers with your financial advisor. You can fill every seat in the "house" and still lose money.
How many service calls do you have to make at $65. an hour to make a profit? How much can you pay the helper riding shotgun? Are you driving a gas guzzler or the economy model service truck?
Do you run a crew of 5 when 3 can do the job? These are critical questions to your success in a landscape business. My point is.... every franchiser should give you case studies of real success in their particular business.
HOW MUCH MONEY
Money is critical for the franchisee (unless you have a "sugar-momma"). When you are told it will take $50k then you need to know what happens if you need $100K more to stay in business. You are NOT an employee of the franchiser. This is YOUR business and YOUR money.
Few, if any, franchiser will bale you out of trouble. His contract with YOU is in HIS favor. You "pays your money" and "takes your chances".
Just skimming the TOP! YOU must DIG deep into the details before signing any franchise agreement. Please!
#1 recommendation - go to work for an existing franchisee. Learn the ropes on his dime rather than risking your own money. Be straight up and honest in every detail. This is your hour of discovery before buying your franchise.
=======================================
So many times in seminars I hear people say that the main goal for them is “to get through the day without someone yelling at me.”I propose a new day for you with a new skill set. The proactive “I will service you before you start yelling” skill set.So, what do you do now?1st is identify your weakest area in your skill set. Is it listening, communicating
R.P.C.= Return Per Customer. How many customers does it take DAILY to turn a profit? Do you know? Have you run a proforma? It may really surprise you to discover the facts.
FULL CAPACITY
Activity does NOT equal PROFIT. Run the numbers with your financial advisor. You can fill every seat in the "house" and still lose money.
How many service calls do you have to make at $65. an hour to make a profit? How much can you pay the helper riding shotgun? Are you driving a gas guzzler or the economy model service truck?
Do you run a crew of 5 when 3 can do the job? These are critical questions to your success in a landscape business. My point is.... every franchiser should give you case studies of real success in their particular business.
HOW MUCH MONEY
Money is critical for the franchisee (unless you have a "sugar-momma"). When you are told it will take $50k then you need to know what happens if you need $100K more to stay in business. You are NOT an employee of the franchiser. This is YOUR business and YOUR money.
Few, if any, franchiser will bale you out of trouble. His contract with YOU is in HIS favor. You "pays your money" and "takes your chances".
Just skimming the TOP! YOU must DIG deep into the details before signing any franchise agreement. Please!
#1 recommendation - go to work for an existing franchisee. Learn the ropes on his dime rather than risking your own money. Be straight up and honest in every detail. This is your hour of discovery before buying your franchise.
=======================================
Classified advertising is a form of advertising that is particularly common in newspapers and other periodicals. A classified is usually textually based and can consist of as little as the type of item being sold, and a contact number to call for more information. It can also have much more detail, such as name to contact, address to contact or visit, a detailed description
Do you run a crew of 5 when 3 can do the job? These are critical questions to your success in a landscape business. My point is.... every franchiser should give you case studies of real success in their particular business.
HOW MUCH MONEY
Money is critical for the franchisee (unless you have a "sugar-momma"). When you are told it will take $50k then you need to know what happens if you need $100K more to stay in business. You are NOT an employee of the franchiser. This is YOUR business and YOUR money.
Few, if any, franchiser will bale you out of trouble. His contract with YOU is in HIS favor. You "pays your money" and "takes your chances".
Just skimming the TOP! YOU must DIG deep into the details before signing any franchise agreement. Please!
#1 recommendation - go to work for an existing franchisee. Learn the ropes on his dime rather than risking your own money. Be straight up and honest in every detail. This is your hour of discovery before buying your franchise.
=======================================
When election races get tight for political party control of the government you have to stop and wonder who makes out like bandits? Well consider this if you will; the average American has surrendered their mind to the television set and to the mass media hysteria with all the chaos and controversy, as well as sound and fury.Those that run for political office know t
Few, if any, franchiser will bale you out of trouble. His contract with YOU is in HIS favor. You "pays your money" and "takes your chances".
Just skimming the TOP! YOU must DIG deep into the details before signing any franchise agreement. Please!
#1 recommendation - go to work for an existing franchisee. Learn the ropes on his dime rather than risking your own money. Be straight up and honest in every detail. This is your hour of discovery before buying your franchise.
============================================================ Action Tip: READ carefully the franchise agreement. Ask questions about disclosure documents. Interview former owners and current franchisees. Investigate carefully. ============================================================
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