All posts about franchising your business
Over here at Franchise GrowthLab, one of our specialties is franchise sales. We build a lot of systems for our clients, and for a select few, we act as their Chief Development officer. In that role, we sell a lot of franchises! During the sales process, we do a lot of education on what a […]
The Franchise Business Model Explained Read More »
Most new franchisors underestimate how much money they need to franchise their business Back for Part 2 of the most common question we get when it comes to starting a new franchise system, and, I might add, the most misunderstood concept of franchising at this stage. We have come to realize that the topic of
How Much Does It Cost to Franchise My Business? Part 2 Read More »
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 »
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 »
One of the driving reasons we started the Franchise GrowthLab Consulting came from a combination of our experience building franchise brands across North America and my having seen so many brands launch during my time as Chair of the Canadian Franchise Association. And being in this position, I get asked the question “how do
How Do I Franchise My Business (The Right Way)? Read More »
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.