Nobody ventures into a business thinking they are going to fail but it's not always sunshine with a bed full of roses. Before taking up that perfect franchise concept, be sure you can weather the storm by preparing for some scarily possible scenarios.
In 2014, the global health and wellness market will continue to be driven by demand for natural products, with consumers becoming increasingly sophisticated in their expectations. Not only do they want less of the “bad” stuff, but they also want more of the good.
Every successful business will reach a point where the stakeholders will look at expansion options in order to increase profits. If you belong in this category, franchising could be a potential option for you.
While Budget 2014 may include plans to continue many of the polices introduced in previous Budgets, it also features a distinct focus on the future - a future of quality growth, improving living standards, and changing social norms.
Instilling accountability within a franchise system takes a lot of work, not just during the implementation phase but perhaps more so to maintain that level of accountability. Here are 3 ways to help develop, bolster and keep in place a perpetual system,