How to Franchise – Strategic Planning, Documentation and Management of Franchise Systems
Imagine opening 20 new business locations without having to foot the bill for real estate, equipment and development costs or taking on any of the risk. Even more, imagine finding managers to run all those locations, who are just as committed to growing the company as you, and you don’t have to pay them a [...]
Evaluating Potential Businesses – 8 Critical Components of Your Business Viability Analysis
Indeed, Business Viability Analysis is a boring topic. But this is also the most critical component of your business & marketing plans which provides direction on the potential market environment, market demand and supply, and to extent, guides your potential market direction decisions. Note that financial modeling is beyond the scope of this article.I have [...]
Business Planning: Eating the Elephant
We really get tired of seeing the same old tired ads for business planning. It appears that what is being sold is “business in a box.” The suggestion that once completed, you will have a full business plan that any banker will fund, is false and misleading. Here are the facts: If you are writing [...]