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Considering a franchise
Many people think starting a business is a solo endeavour. They want their brand and vision.
But, a successful business can also take the form of a franchise with a credible brand. Generally speaking, franchises are valued 10 - 20% more than non-franchises.
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20 reads
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Franchise advantages
- It creates a higher value.
- You can work with a franchisor, who can be a valuable ally.
- Considering that 90% of businesses fail within the first five years, a franchisor has experience getting a business running successfully. ...
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10 reads
How to stand out
- One way to stand out is to connect with the local community. Then, you are positioned to know what your customers need and want.
- Adapting your offerings to the community will attract locals and build loyalty with your customers.
- Par...
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6 reads
Franchisors invest in your growth
Franchisors are interested in supporting you and want you to succeed. Your success is their success.
A franchisor is a business partner and a coach. They have the experience about what works and can help you address common mistakes or help to avoid them.
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13 reads
How to build a strong relationship with your franchisor
- Trust: Your franchisor has been around for some time. They know what works and can save you time, money, and stress. Trust their plan.
- Care: Your franchisor may oversee the business from a distance, but you are running it on the ground. Ensure to put...
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8 reads
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“European co-op sector is generally as diverse as any other type of ownership structure, including full-scale factories . Though co-op conversion is often seen as a way to rescue “failing” firms, Perotin...
Navigating the end of a friendship
- Try to be honest with the person. Do it with kindness and just talk about your own emotional availability. "I realize that I'm not a good friend right now. I just don't feel very emotionally available."
- Try to avoid "all or nothing" thinking. Frien...
Types of people
Category 1: Losers
People who always see negative in everything and put in the least amount of effort or no effort at all. They are least bothered about what is happening around them. They will only crib and complain about how the world is. They will say someth...
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