Franchise Business | ActionCOACH Tag Archive for "Franchise Business

Articles tagged under “#Franchise Business”

Business Planning for Beginners

There’s a reason most businesses go belly-up within the first five years: starting a business is hard. In fact, if the foundation isn’t solid, everything that you do can be negatively impacted. That’s why it’s so important to begin with a business plan. But what does a modern business plan r…

How Millennials Impact Business in the Age of Social Media

Social media has changed the business world.  Franchisors and franchisees alike must adapt to this changing customer and employee base to find opportunities for growth. So how do young adults, millennials and franchising, impact business in our digital age? The “Millennial” generation—those …

Investing In Business

You will commonly hear this refrain from successful business owners: nobody ever got rich working for somebody else. Working for somebody else means that you’re always capped by what they are willing to pay you. Work for yourself, and the limit is only what you’re willing to work for. Businesses…

Business Goals: Why Start with Why?

Business Goals: Why Start with Why? One of the first things you learn in business coaching is to find your “why.” It’s the same for any business owner. It’s not so much about what you want to achieve but why you want to achieve it. This leads to setting clear and significant goals which are …

Money Mastery: The Key To Successful Business

What is one of the most critical aspects of getting to the finish line and really knowing you have arrived? Money Mastery.   Think about this: If business is a game, what’s the scoreboard? Yes, your financial statements. The question is if you can’t read the scoreboard, how do you know the scor…

Creating Raving Fans

If you have read about the Customer Ladder of Loyalty, you know the ladder starts with Suspects and peaks at Raving Fans – one of your business’ most valuable assets. Imagine what your business would be like if you had 500 Raving Fans on the street? Better than salespeople in one respect, they h…

Are You A Creative or Reactive Leader?

Good leaders are creative rather than reactive.  In other words, they anticipate future demands and trends and make new products or tailor the ones they already have to suit that future. It’s more important than ever to be able to understand how those changes will affect your business and establi…

How To Woo Existing Customers

Retaining existing customers is far easier, and much less costly, than looking for new customers. But so many businesses believe the exact opposite. Too many businesses spend precious resources focusing on finding new customers as the driver of their business growth. Consequently, the business can b…

blogging, woman reading blog

Blogging Like A Pro

Blogging may well be the last thing on the list for a busy entrepreneur, which really isn’t that surprising. Blogging is not a medium in which you can often see an immediate return. But the truth is that blogging does, in fact, make a substantial difference in your business. It can expand the reac…

Panic attack in public place. Woman having panic disorder in city. Psychology, solitude, fear or mental health problems concept.

Stress Busters for Entrepreneurs

Entrepreneurship is stressful. If you’re going to survive with your sanity and or family intact, you are going to need to learn a few coping strategies, the most paramount of which may be mindfulness. The following are seven ways you can keep stress at a minimum and prime yourself for success. 1. …