Articles

The Huge Power of Small

The Huge Power of Small

A Franchise Simply Radio Show with Paul Dunn from Buy1Give1 Many of the most successful franchises are not complex but are based on simple concepts which connect to people and give them what they want. The things that move us are actually tiny. As Seth Godin, in

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The Difference Between Licensing and Franchising – Does It Really Matter?

The Difference Between Licensing and Franchising – Does It Really Matter?

So often I am asked, “What is the difference between licensing and franchising?” Usually followed very fast by the statement, “A license is so much easier and faster to set up and so this is the way I want to go.” And you are right, a license

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The Disadvantages of Franchising

The Disadvantages of Franchising

In the last of our three-part series on the advantages of franchising, we thought it would be extremely useful to look at the disadvantages. Like with all important decisions, it is a wise idea to weigh up both sides to ensure that you are fully aware of

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Advantages of Franchising Part 2: For the Franchisee

Advantages of Franchising Part 2: For the Franchisee

In part 1 of our Advantages of Franchising series, we looked at the advantages of franchising for a franchisor. Now it’s time to look at the benefits for a franchisee. You may have been considering owning your own business but have been worried that you don’t have

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Advantages of Franchising Part 1: For the Franchisor

Advantages of Franchising Part 1: For the Franchisor

Franchising has been around for many years, and has proven to be an excellent way for businesses to expand. It allows individuals to own and operate their own business under a business model that has been tried and tested, and ideas can be bounced between franchisor and

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Coaches, Mentors, Specialist Advisors – Building Your Team

Coaches, Mentors, Specialist Advisors – Building Your Team

We have come to the last post in our series and what better way to bring it all together than to talk about teams!  After all, choosing your team will help link those ever important pieces together for you! In the previous few posts we talked about

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The Fine Print – Legal Documents and Agreements

The Fine Print – Legal Documents and Agreements

This part is a bit more daunting than the six preceding components of our series – the basics, the people, the vision, the finances, and the the operating systems – because the preparation of legal documents and agreements is a highly specialised area. However, since they stitch

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Be a Smooth Operator – A Solid Operations Manual Equates to Franchising Success

Be a Smooth Operator – A Solid Operations Manual Equates to Franchising Success

You’ve covered a lot up to now with our 7 part series: learning the basics, choosing the right people, envisioning the bigger picture, and the finances. Now in part 5, we roll up our sleeves to create the operating systems which benefit both the franchisor and franchisee.

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Money in a Franchise Group

Money in a Franchise Group

We’re now in Part 4 of our 7 part series. Now that you’ve learned about franchising, realised the importance of choosing people and envisioned your empire, it’s time to look into money. It’s obvious, the need for profit drives all business. And franchise groups are no exception.

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Envisioning Your Franchise Empire – Begin with the End in Mind

Envisioning Your Franchise Empire – Begin with the End in Mind

Already in Part 3 of our 7 part series!  Just to recap; in Part 1 we covered Learning about Franchising and in Part 2 we looked at how important it was to choose the right people and in this post we are going to delve into the

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