Running a franchise offers a distinct advantage, a proven business model. However, even the strongest franchise systems cannot shield owners from operational blind spots. Those hidden inefficiencies that quietly drain cash, time, and energy. Having spent 13 years within one of the world’s largest franchise organizations, including serving as the COO of a major global brand, I have encountered the same issues repeatedly. The good news is that once these blind spots are identif

When entrepreneurs dream of business ownership, franchising often comes to the top of the list, and for good reason. It’s a proven model, backed by established systems and recognizable brands. But like any business path, owning a franchise comes with both opportunities and challenges. Having spent years working inside a major franchise organization, I’ve seen the incredible success stories, and I’ve also seen owners struggle when they assume a franchise guarantees profitabili

In the race to win customers, it’s tempting to slash prices or offer big incentives to your sales team to boost volume quickly. But what if I told you that this strategy could actually be costing you more than it’s making? Many small to medium-sized businesses fall into the trap of chasing volume at the expense of profit — and it has some serious consequences. Here’s what’s really happening when you chase volume through price cuts and incentives: 1. Margin Erosion Lowering p

Hello there, fellow entrepreneurs and small business owners! Today, I want to dive into a topic that often gets a bit overshadowed in the hustle and bustle of running a business: profit versus revenue. While revenue is crucial, it’s vital to understand why profit should be your main focus for achieving long-term business success. Let’s break it down in a friendly, conversational way, so it’s easy to grasp the nuances of this important subject. Understanding Revenue vs. Profi

Running a successful business requires many moving parts to work in harmony. One of the most important aspects of a successful business is having the right people in the right places. This means that each member of your team should have the skills, knowledge, and experience necessary to excel in their role. When it comes to building your team, it's important to take a strategic approach. This means identifying the key positions within your organization and being intentional

When it comes to creating a 5 year business plan, there are a few key things to keep in mind. First and foremost, it's important to have a clear understanding of your company's goals, strengths, and weaknesses. This will help you to identify opportunities for growth and develop a plan to achieve your objectives. Next, it's important to conduct thorough market research to identify trends, opportunities, and potential challenges. This will help you to develop a realistic plan