Just about everyone that wants to know How To Franchise by now knows. But Why? You need a FDD, an Agreement, and an Operations Manual. Then you’re ready to sell Franchises. But why did you Franchise? Clearly Franchising is the fastest, least risky, and most profitable way to grow your business. But why did...
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I met with a Genius today. An Apple Genius, that is. Toni got a CD stuck in her MacBook Pro. All the shaking, messing with it, shutting down, etc. did not solve the issue. So, I took it to a Genius. That’s what they call their top problem solvers. Greg, my Genius, took it...
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The Gibbs Gardens opened 3 weeks ago and the Rathers have already visited 6 times. Jim Gibbs bought 80 acres years ago….built a summer home….and kept purchasing more and more land. He currently has 300 acres with 220 of those acres landscaped. To give you an idea of the extensive project this was….it is...
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Today, March 1, 2012 is a very important day. About 10 miles from where I live, Gibbs Gardens opens, www.gibbsgardens.com. Several years ago, before the Garden was closed to the public, I would call Jim Gibbs’ secretary and get permission to visit the Garden. I was allowed to wander, at my leisure, through the...
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WHY YOU FRANCHISE YOUR BUSINESS Imagine opening 10 new business locations without taking on any risk. Imagine managers running all those locations, which are just as committed to growing the company as you – and not having to pay them a dime. In fact they pay you money for the right to operate your...
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So the DOW dropped by 5% last week and 10% over the last few days. What does that mean to you, a business owner that wants to franchise? Not a whole lot, and here’s why. You plan to franchise because you want to grow using others to fund the growth and others to manage...
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While the woods are full of businesses that want to franchise, few if any, think ahead to: How to find franchisees How to sell them on their particular franchise With 10 million people out of work, you can easily find franchise buyers and people to sell franchises. After all, isn’t that what you’re aiming...
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Since no one wants to sell your first few franchises, it’s up to you. Yes, it’s up to YOU. Since that is the case, you want to make is as painless and easy as possible for potential franchisees to buy into your system. My experience says that a reliable source of financing is the...
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Business owners like you franchise for 3 reasons: You want to grow faster than opening other locations yourself You want to grow using other’s capital & energy You want to grow without managing more employees In today’s economy this is even more important as the unemployment figures approach 10%. More people are looking for a...
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