I am honored that you have looked to me as a trusted resource for honest insight about the business ownership and franchising industry in our community. As such, I feel an obligation to share these candid observations with you about the state of affairs in franchising in these unusual times. The Current Impact Although [...]
Without a doubt, the world is living through a challenging moment in real-time. The root cause of our shared anxiety is in direct proportion to the uncertainties we face as the global pandemic of COVID-19 continues. Will the infection rate slow down and case rates disappear? How long will this health crisis last? Will our [...]
Every prospective franchise owner is asking the same thing in the wake of the coronavirus pandemic: “Is this a bad time to open a franchise business?” The team here at FranNet always strives to not only be your consultant but your confidant. It’s important that we’re candid about the current circumstances not being the most [...]
In the wake of the Coronavirus (COVID-19), conferences have been postponed, sporting events and concerts canceled, schools closing and tourist hot spots shutting down, experts recommend that even those who show no sign of illness should self-quarantine. But that leads to much lesser evils: boredom and anxiety. You might find yourself yearning for something to [...]
Many FranNet clients have expressed that they want to keep the focus and use this time productively as the Coronavirus (COVID-19) pandemic will eventually pass. As a 30+ year old franchise consulting firm, FranNet has seen situations like this actually become a true benefit to our clients as long as they stay focused on their [...]
Welcome back! Hopefully, you and yours had a memorable Thanksgiving break, full of family and holiday spirit. Our apologies if one of your relatives actually did “go there” on a political topic at the table. We’re sure you’re feeling full, rested and content. But now isn’t the time to retreat into your shell and ride [...]
We keep mentioning it in this space and each time it becomes more real. 2018 is winding down—and quickly. This is FranNet’s last blog post before we enter the final month of December. How did we get here so fast? While some would argue that it’s still a tad early to put up Christmas lights, [...]
We know that there is an amazing array of social media platforms that can greatly enhance your franchise profile and brand awareness. Stalwarts such as Facebook, Twitter and LinkedIn were the original three giants in a crowded field, but today, we’re going to take a look at one of their distant cousins. While actually owned [...]
While it may appear that the title of this week’s FranNet blog makes a lot of assumptions about your future, we say it never hurts to be prepared. When you take the entrepreneurial plunge, you will become your own boss. And depending on the type of franchise you buy, you may be responsible for a [...]
Some businesses this year have decided to opt out of having a holiday party for employees because they are leery about potential misconduct shining the worst kind of spotlight on them. However, holiday parties are a good way for employees to bond with each other and get to know each other better outside of the confines [...]