From the monthly archives:

March 2009

Got Retirement Money? Then You Have Money To Invest In A Franchise

March 30, 2009
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An unpublicized tax law is helping thousands of people buy franchises If you (or your franchise prospect) have a retirement fund, and even if you’ve been told the money can’t be used to invest in a business, you’re just four steps away from funding your own franchise acquisition. Across the USA, entrepreneurs are turning their [...]

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My Secret Love Affair

March 28, 2009
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I haven’t told many people about my secret love affair, but I promised to share “secrets” at FranchiseMastermind.com, so here goes. Her name is . . . Dairy Queen. And I love her! You’re disappointed? . . . You expected a more sordid secret?          I’m sorry. I’ll do better. I promise. But [...]

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Franchisors And Franchisees: Are You Being Led Or Managed?

March 23, 2009
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Some leaders are managers and some managers lead, but most do not. That’s my experience after 30+ years in franchising. Leaders are rare, but they’re easy to identify. They are the folks who inspire and motivate while managing. They give people an edge that creates momentum, knowing that momentum generates progress. And they are the [...]

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Five Qualifiers For A Franchise Mastermind

March 18, 2009
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Napoleon Hill introduced the concept of a “master mind” in his famous book, Think And Grow Rich. Here’s what he said about Henry Ford’s mastermind: “Men take on the nature and the habits and the power of thought of those with whom they associate in a spirit of sympathy and harmony. Through his association with Edison, [...]

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Franchising Your Business In A Recession May Be Your Best Move

March 16, 2009
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It takes money to expand a business and with the credit markets continuing their stingy ways, it’s difficult to get money today for expansion. But if expansion is what you need to do, franchising may be your answer. You can use other people’s money to expand, but of course, there’s more to it than just that. Here’s what you need to consider.

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Can You Spell Paciugo? Can You Pronounce It Even?

March 16, 2009
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When I sat down recently for coffee with Ugo Ginatta, franchisor of Dallas-based Paciugo, I couldn’t wait to ask him why he chose a name that’s challenging to spell and just as difficult to pronounce. Just in case you don’t know, it’s pronounced pah-CHOO-go. And they sell the world’s most glorious varieties of gelato! Turns [...]

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HR Issues Popped Up While Reinventing Myself

March 14, 2009
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TJ Carter is a human resources adviser who wants business owners, including franchisors and franchisees, to be aware that the Federal government can instruct severe penalties when employees are misclassified. But the real brunt of the issue is the “pain and suffering” when you endure a government audit. “It’s worse than the fines and paybacks,” said TJ.

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How I Created A 30-Year Career From A Workshop That I Never Taught

March 8, 2009
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Just when I thought my workshop had failed because no one registered for it, the phone rang three times with three new opportunities, one of which created my 30-year career in franchising. This is a story about how I almost missed the Big Picture! It’s also another testament to my former client, franchise founder extraordinaire, John Kinch.

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Have You Read The 100 Best Business Books?

March 5, 2009
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If 90% of all the decisions we make are by intuition, it makes you wonder what we can do to improve our intuition! However, “wisdom for decision making” continues to be one of the top challenges facing business owners, per Todd Sattersten of 800CEOREAD.com.

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