Everything (other than franchise sales) abut scaling up.
Here at the Franchise GrowthLab, we do a lot of work with franchise start-ups. By far, the # 1 question we get from franchise founders is how much does it cost to franchise my business? If you do a search, the answer ranges from between $10k to $500k. So, I thought it was time […]
How Much Does It Cost to Franchise My Business? Part 1 Read More »
One day I was doing my rounds in the U.S., trying to determine the best way of our expansion across the border and into the American market. I met up with a Venture Capital contact of mine. As I walked through our business model, he asked me one question: what was the payback period on
At the FranchiseLab, we do quite a bit of work in the franchise start-up space, and because we have launched so many systems (of our own and for our clients), we have developed a methodical process to help new franchisors build and launch a new franchise business successfully. When a brand decides to build
I Want to Franchise My Business. Where Do I Begin? (It’s Probably Not Where You Think) Read More »
When we launched our franchise consulting company, we knew that emerging franchise brands struggle with growth. The statistics don’t lie. As we dug into a number of emerging brands, it became apparent to us why many brands fail to grow: they don’t know, and therefore don’t have, the proper systems required to scale their business. Think
Where Most Emerging Franchisors Fail Read More »
Ha! I get asked the question “why did I start a franchise consulting company?” all of the time. When I sold my stake in our company, I didn’t have my next step planned out. I knew that I wanted a break, but I also knew that my mind can only sit idle for so long.
John built one of the fastest growing and best operated franchise systems in the country before he exited in 2019 by being highly disciplined in using Verne Harnish’s Rockefeller Habits checklist. Through his experience and his learnings from other best in class franchisors, he adapted this list specifically for the franchise industry.
The Top 10 Habits checklist provides the 10 most important functions that should be on autopilot for your franchise business to grow and scale predictably and smoothly.