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10 Steps to buying a Franchise Business, Step 9 – Training

The life of a honeybee is mostly a predictable one: young bees, called house bees, do the hive chores, feeding the brood, cleaning and repairing cells. They grow up to become a nurse, helping to feed the larvae in the hive and caring for the queen. Some guard the hive to keep out raiders

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10 Steps to buying a Franchise Business, Step 8 – Time to sign the Franchise Agreement

Bees avoid decision-making pitfalls by considering several options, but they make fast and effective decisions in order to react to opportunities. Businesses need to evaluate, respond and act taking in new information put it into good use, and modify or eliminate ineffective ones. That’s it, it’s time to take that big leap of faith, not

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10 Steps to buying a Franchise Business, Step 7 – Decision Time

You see for all of the honeybees’ wonderful abilities, they would not succeed if they failed to have the right proportion of workers deployed in the right jobs, or if they failed to mobilise them quickly. The bee’s highly decentralized form of government allows the workers who are closest to the information to act upon

£10,800

£10,800 - Keep the number in mind, we’ll come back to it shortly. We’re creatures of habit, we have habits that we follow every day. Wake up, get out of bed, bathroom, shower, breakfast, get dressed, go to work. You did it this morning, probably the same way you did it last week and more

Let’s get social

Over the last few years the number channels that allow our customers the opportunity to give us feedback has increased, traditional methods of providing feedback to businesses (phone, letter, face to face) have fallen by the wayside with most feedback now being received electronically. Social media has become the predominant method of feedback, however where

The ‘C’ Word!

Here I am, sat in the sun, kids have broken up from school and I’m contemplating how to keep them amused for the next six weeks, and then someone mentions Christmas. It’s not even the end of July yet and already we’re starting to think about the festive period. Retailers have probably spent the last

  • how-to-buy-a-franchise-business-impression-quote-franchising

10 Steps to buying a Franchise Business, Step 6 – Visit the Franchisor

In the Beehive everyone trusts each other, everyone has their role to play and they rely on each other to complete their jobs in the right order and the right time for the higher mission of the colony. The definition of a colony is a group of people of one nationality or ethnic group living

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10 Steps to buying a Franchise Business, Step 5 – Due Diligence

Honeybees’ basic strategy is to maximise return over a broad geographic area and extended time horizon. Bees have to assess their environment at all times and be prepared to adapt depending on the weather conditions, the time of the year, the type of flowers and the competition for nectar with birds and other insects. Bees

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10 Steps to buying a Franchise Business, Step 4 – Request Franchise information

Bees avoid decision-making pitfalls by considering several options, but they make fast and effective decisions in order to react to opportunities. Businesses need to evaluate, respond and act taking in new information put it into good use, and modify or eliminate ineffective ones.   OK, so by now you have a pretty good idea of

Epic Lessons

Last week I took part in the Epic Week organised by Warren Mauger and Phil Smith of Epic Challenges. Warren and Phil had set out to undertake 7 Ironman Triathlons in 7 Days (an Ironman triathlon is a 2.4 mile swim, a 112mile cycle and a 26.2 mile run) and raise money for 2 charities,