“Don't fall in love with a business or industry, or whatever it is, early on. If you’re looking at franchises, make sure you take the time to talk to other franchisees in the system and talk to a lot of them. Ask the tough questions about worst-case scenarios as well as the positive aspects of the business. Make sure you think about your potential customer base and how that might be evolving because things don't just stay the same in any industry. Keep an open mind.” It’s normal to feel excitement about a business or industry as long as you can approach your research with a practical and open ..read more

“My networking group was very welcoming. I remember my first meeting where I had to stand up and introduce myself and I stumbled over my words. I knew what I wanted to say, but I just couldn't get it out. And slowly, I've mastered the art of explaining what I do, and they've embraced me. I'm comfortable now.” One of the things that comes up in every conversation we have with a client is their willingness and ability to get out and network. Being the face of your business in the community is a very important part of growing your business. People want to do business with people they know, like ..read more

“It's so fun and we've had many renewals. We have franchisees that have been with us for 10 years, and for them to ask for another five, it’s wonderful. I love that we’re also creating options for people. Listen, after 10 years, if you’ve got a thriving, booming business, you can sell it and we’ll be happy for you. Or, you can keep going and continue to build it and we’ll be happy to support you in that decision too. What we want and what we love is that we create opportunities for people to have whatever they want their lives to be. Tippi Toes is the vehicle that's done that for Sarah and me ..read more

“My advice is read the E-Myth by Michael Gerber. It's the first business book I ever read, and that set me on the path to franchising because that whole book is all about setting systems and processes in place. It recommends keeping the end in mind as if you're going to franchise your business, even if you never do, because that allows you to truly own a business rather than own a job. Let's face it, when we start a business, typically the business owner is a technician by trade, meaning that they're really good at the craft. I was really good at personal training, so I did it on my own. I fel ..read more

“Our business is in its infancy. We are truly just scratching the surface of what it is that we're doing. There is so much more growth potential here. Some of the offices across the country are well above 30 million in sales. This has set my eyes and goals towards thinking that we should be closer to 40 million at one point or another. That is extremely exciting.” Owning a franchise can offer limitless opportunities for growth versus working for a company that confines you to their perception of your worth. With a franchise, you set your own goals and work to achieve your version of success ..read more

“All three of these buckets are very viable reasons to attend this conference.  The first one is you're already in a brand with multiple locations, you're not really interested in another brand, but you want to keep growing the locations you have either through organic growth or acquisitions, and you want to learn how to do that better with less stress, cheaper. This is a conference for you.  The second is, you may be in a situation like my brother and I were where we had built out our Little Caesars market. There were no more locations available. It was time to find another brand ..read more

“After attending that seminar, I learned the longest product offering was a two-week bathroom remodel. Every other business was windows, siding, roofing, and driveways, all quick in-and-out jobs where you could create a volume-based business. You can still make your customers happy, but you're in and out and you're onto the next project. I told myself my next business has to be a product where we're out of that house completely within a week to two weeks.” If you look at service-based franchises, you’ll notice that most of them have a very specific offering; things like windows, doors, gutter ..read more

Cash flow and profit are not the same. Both times Jhony went into business were out of necessity because the two businesses he was working in were not properly managing their finances. The first one ran out of money and couldn’t meet payroll, and the second one was not profitable due to overspending. Starting out on the right foot with a solid business plan is key. Then, you have to go back and review that business plan regularly. Are your expenses more or less than you originally planned? Is your income on target? If not, what needs to change? This might sound basic to some, but for folks who ..read more

Imagine getting involved in a concept 29 years ago when this idea emerged that chicken wings can one day be a center-of-the-plate opportunity. Wingstop now has over 1500 locations worldwide. They definitely proved the concept! And, now we have many chicken wing brands to choose from as consumers and investors. Every brand has to start somewhere. If you’re someone who wants to get in early and take advantage of the exponential growth, it's all a matter of having the wherewithal and the risk tolerance to do so. You’ll also really need to believe in what the business is offering, the founders, a ..read more

Sharing our fall franchise convention industry updates ..read more