A winning employment engagement strategy is vital for a healthy business. Keeping your workforce happy is as beneficial to you as it is to your staff. By taking the right steps to boost employee satisfaction, your business can get an edge on the competition.
As a social media platform with over 800 million active users, Instagram has the potential to boost brand recognition for any business. The site has become a huge part of many companies’marketing initiatives since it allowed users to create business profiles in 2016.
Every employer has been there – you’ve poured time and money into training one of your employees up but just a short while later, their resignation letter is sitting in your inbox.
Recruitment and selection are key parts of . If you want to source and appoint the best workers, you’ll need to examine your hiring process and make sure it is as streamlined and efficient as it could be.
Ever wondered what multi-level marketing (MLM) is? Here, we take a deep dive into the business model, looking at its pros and cons, as well as some of the best known MLM brands.
If you’ve established a successful network of business locations in your home country, you might be interested in taking it across the world. But how do you set up your business in foreign countries and what do you need to bear in mind when running an international franchise? Let’s find out.
Success does not come for free. In order to become a franchisee, you’ll have to make sacrifices and build your business from the ground up. You’ll need to make changes to your lifestyle and habits. You’ll have to consider new ways to save money.
For , getting your first business up and running can be tough. It's often a tricky learning experience that involves overcoming obstacles, only to encounter another, then another, and another. The good news is that this doesn't last forever.
A healthy franchisor/franchisee relationship is essential to a functional, profitable, and successful franchise. If these two important individuals aren’t able to cooperate and work together, there’s a good chance that conflict will soon surface, and insurmountable problems will begin to arise.
No business, whatever size they are or industry they're in, can afford to ignore the issue of customer loyalty. If a isn't attracting loyal customers, it has to continually appeal to new customers. This is not only expensive; it's also unsustainable.
Taking the time to make new contacts is something we should all be doing. And as we increasingly rely on digital resources, both in the office and in our personal lives, there is a rising number of opportunities to grow your circle. Here’s our guide to networking in a virtual world.
Profitable franchise units don’t spring up overnight. But there are certainly some tips and tricks you can take on board to help you reach your most ambitious business goals.It’s one thing to follow your dream of becoming the boss, but another thing to turn your passion into .
If you’re interested in taking your business to different territories, you’ll need to know how to effectively prepare your franchise for international expansion. Many franchisors are concerned about the impact of launching their business in faraway places and appointing strangers to oversee it.
There are many reasons why budding entrepreneurs turn to franchising to start their own business. However, increasingly prospective franchisees are turning to the as a way to work with their loved ones.
If you're looking to build brand awareness, there are a few different things you need to be doing. Here, we look at how you can develop your franchise identity, raise awareness of your brand and refine and improve upon its image.Brand Awareness: How do you build it?1.
As a franchisor running a growing operation, recruiting more and more franchisees, hiring a franchise mentor just makes sense. As a franchisee, having a franchise mentor guarantees you provision of dedicated support. With a franchise mentor on board, both parties win.
Franchising is a competitive industry, and exceptional customer service is key. Getting it right every time isn’t easy, but with effort and research, you’ll have all the information you need to improve rates of customer satisfaction with your franchise.
Running a franchise can cause a lot of stress. There’s only so much time in the day, and when people are counting on you to get things done, the pressure can take a toll. Understanding how to manage stress in the workplace will help you, and your employees, too.17.
Maintaining employee happiness should be high up on the priority list for all business owners. Aside from the fact that low levels of job satisfaction can lead to poor performance for the company as a whole, employers should be looking after their workers.
If you're considering becoming a franchisee, one of the first things on your mind will be how you are going to fund your venture. To help make life easier, we’ve provided some top tips for securing finance for your franchise.
The biggest challenge for many franchisees is how to stay productive and make sure they’re achieving their goals. It’s not always clear how to self-motivate when you’re working for yourself, particularly if you’re stuck with tedious tasks that just have to be done.
Want to minimise disruption to your business? Check out these five common sources of franchise conflict so you can work to prevent them before they become an issue.Whether you’re a franchisor or a franchisee, it’s in your interests to minimise franchise conflicts across your business.
When you’re a franchisee, you operate your own business, with the franchisor above you and your employees below you. To keep things running smoothly, you’ll need to minimise disagreements with both groups. Here are our top tips for managing conflict as a franchisee.
It’s easy to slip into a rut, using the same old promotional material templates time and time again. So, we’ve collected eight of the best and most innovative marketing ideas to get your creative juices flowing.
In a franchisor-franchisee relationship, both parties work together to achieve success. The importance of a positive franchisor-franchisee relationship is high, and every aspect of the business can be impacted by the strength of this central relationship.
Running a franchise with family can be very rewarding. But there are plenty of unique challenges that crop up when working with those closest to you. Here’s our guide to turning your family unit into a franchise dream team.
For business owners, finding ways to manage stress is really important. As a franchisee, you’ll be meeting many different demands and completing many different tasks. If you let stress begin to control your day-to-day life, you will suffer, and so will your franchise.
When you first started your own business, it’s likely that your immediate concern was getting through the first couple of months. The early days of business ownership can be tough, but you survived. Better than that, your business performed well.
Franchises come in all shapes and sizes, but they’ve got one thing in common: they’re defined by their staff. In today’s competitive business environment, brands must understand the importance of hiring the right employees in order to see success.
Ask any business owner about the importance of having a robust business plan in place, and they'll tell you that it's essential to the success of every venture. But ask the same entrepreneurs if they have a PR strategy in place as part of their business plan, and not many can say ‘Yes’.
It’s easy to get caught up in the day-to-day tasks involved in running a business. But how can you make sure you get the most out of your franchising journey as a happy franchisee? Here are our eight top tips for job satisfaction in the franchise world.1.
You’ve overcome the initial franchising or independent business hurdles in the setting-up stage and you’re now looking to scale your business. But where do you start? Here are 10 simple ways to scale up your business or franchise.
When you think about franchising, the prospect of being a franchisor’s first franchisee doesn’t always spring to mind. But business networks have to start somewhere and someone has to be brave enough to take the leap.
No franchisor wants to waste time and risk damaging their reputation as a result of disagreements within their business. Here are our top tips for managing conflict in your franchise.Avoiding franchisor-franchisee conflict relies on developing a robust relationship with all your business partners.
If you’re a, you’ve probably heard of content marketing, but maybe you feel like you haven’t got the time, experience or knowledge to start.As a business owner, writing an exciting blog regularly is one of the most cost-effective marketing tools at your disposal.
When you’re a working mum, making time for family can be difficult - but it’s not impossible. There are many mothers who successfully run businesses, balancing their work and personal lives. Here, we’re exploring how to be a good franchisee and a good mum at the same time.
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