Meet Rahul Malik- Director of Franchise Ready India
1. Why did you join the Franchise Ready network? I have been in touch with Doug for more than a year and was amazed with the systems and processes that Franchise ready has created. I was an independent franchise consultant and becoming Franchise Ready franchisee has given me access to expert guidance, proven systems, ,network […]
Meet Tracy Eaton -Director of Franchise Ready WA
1. Why did you join the Franchise Ready network? I met Doug over 30 years ago during my McDonald’s career. I travelled to Sydney regularly to facilitate and present at McDonald’s top training course, of which Doug was also a trainer. Since then, I’ve been a business consultant and trainer across many industries, and worked […]
People always need to eat, so a Food franchise has to be good, Right?
People think food businesses look easy. After all, we all eat, and lots of us cook food, so it shouldn’t be that hard. They look like businesses that practically anyone can operate and make massive amounts of money in. After all, everybody eats and drinks, right? How hard can it be to operate one of […]
IS FRANCHISING JUST BUYING YOURSELF A JOB?
Business Ownership versus Self-employment “Every business owner is self-employed, but not every self-employed person is a business owner.” —Doug Downer Around 16% of the world’s eligible working population get into business ownership, and they do this for several reasons: it may be to be their own boss, to take control of their life and future, […]
Meet Tim Horbury -Director of Franchise Ready SA
1. Why did you join the Franchise Ready network? Owning a franchise business can be both rewarding and terrorising, I bought my first franchise in 2019 prior to relocating back to Adelaide after 12 years working in the sector in Sydney. My first franchise was bought with the knowledge that franchising was a great way […]
THE FOUR-LETTER F-WORD
Have you got the guts? “I never get the accountants in before I start up a business. It’s done on gut feeling.” —Richard Branson I remember attending a sales training session where the facilitator posed the question, ‘Do we, as human beings, desire pleasure or the avoidance of pain?’ Having not heard that before, I […]
IT’S NOT A BUSINESS, IT’S A WAY OF DOING BUSINESS
What Is Franchising? “With a franchise, you have someone who cares as much about the businessname and image as you do because they own it”—Jim Evanger WHAT IS FRANCHISING? Have you ever heard the term ‘disenfranchised’ and wondered what it meant? Every time I hearthat someone is disenfranchised, I cringe. It is used out of […]
SHOW ME THE MONEY
All Things Financial “Beware of little expenses. A small leak will sink a great ship”.—Benjamin Franklin Setting up to be a successful business is no easy feat. It requires guts, hard work, and a goodsystem, particularly when it comes to financial management. Running a successful businessmeans that you now have even more responsibilities on your […]
The Importance of the Business Model and Systems
“Build systems within each business function, let Systems run the businessand people run the systems. People come and go but the systems remainconstant.”— Michael Gerber The Importance of the Business Model and Systems What came first, the chicken or the egg? Some may argue that a business needs to articulate thebusiness model first, and then […]
