The ChoiceBOSS Franchisor Show: Recent Episodes
Martin Barnes
Welcome to the ChoiceBOSS Franchisor podcast. This is for entrepreneurs and business owners who want to learn how to franchise their business in a way so they have income from multiple locations giving them, time freedom to spend with the family, financial freedom to do what they want, and security from a competitor coming along and wiping out their single location income source.
I often get asked whether a particular business is good enough to scale by franchising. So today, I will list seven important attributes I look out for in the business to give you an idea.
Today I thought I will share with you the different reasons I hear why Founders look to franchise their business.
This is for the franchises that get extra busy over the Christmas New Year Holiday Season. Leadership is required to maximise the busy opportunity. Who is working the most, and time for 2019 goals.
Make sure to maximise the sales conversion in your sales process to get new franchisees you tell your story.
If you set yourself a goal or a project, include a time when you want to achieve it... then be serious and commit. Make it happen and have the mindset that you have no choice. After all... it is your goal.
Fall in love with your product or service. You have proven it to work... but don't fall in love with the business model.
When franchising, make sure your cost of goods buy prices are available to everybody and not just you.
Opportunity can come at anytime. Stay open minded to make them work for you and for your business.
What happened that made me so passionate about the power of franchising when done right. It all goes back to the beginning about six months after opening my first business.