Some people dream about retiring and then sailing into the sunset, but longtime franchise finance pro Bob Solliday is finding a way to build a second career of sorts on the high seas.
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When Dean Fisher works with Carstar collision repair franchisees who want to go to the next level, he suggests handing out packets of sticky notes in different colors.
They say follow your passion when choosing a franchise; the car enthusiasts at Detail Garage are Exhibit A. One describes his ‘childhood dream car,' a Honda S2000. Another prefers a ‘68 Camaro. All host monthly Rides & Coffee events, where customers can ogle other autos.
To provide opportunities for her people—and shift into a smaller footprint model—Dianne Mayer adds Blaze Pizza, keeping in mind the need to ‘show up every day' as her portfolio continues to grow.
Think you're busy? Consider the plight of QSR cashiers answering calls while taking in-person orders and coordinating with the back of the house to expedite food. It's not easy, and we've all been on the other side, calling in to place an order and immediately being put on hold.
It's not raining money in the restaurant world, but operators are enjoying the perks of an extremely low interest rate environment and a sector that remains crowded with financing options.
Knowing it didn't have culinary expertise, Tastebuds Group went the franchise route with Freddy's Frozen Custard & Steakburgers, which it believes has the signature products to stand out with help from a heavy dose of marketing.
Red is the traditional color for flags of Persian Gulf states. The five points of the white serrated band represent the five pillars of Islam. Until 2002, the flag had eight white points, but this was reduced to five to avoid confusion with the Qatari flag.
Many of the most desirable cities have become unaffordable for middle- and lower-income Americans, to the point that it's time to adjust business plans to reflect the difficulty of doing business in places where employees can't afford to live anywhere near their jobs.
Franchises are under intense pressure to stand out in a crowd, but it's hard to know where to focus time, energy and resources. Smartly scrutinized data, Living Large bosses say, can help identify key opportunities.