Sep 15, 2020 | Articles, Sean Answers
What should I include in a business plan of a franchise? Many items in a traditional business plan will be provided by your franchise such as competition information, marketing, and what you will need to open and operate. What I would focus on is whether buying a...
Sep 14, 2020 | Articles, Sean Answers
What question do you have about how to get along with your co-founder? HOW TO MAKE A BUSINESS PARTNERSHIP WORK You and your co-founder are married in business so it’s a long term commitment. Remember why you partnered in the first place. Reignite the passion you...
Sep 13, 2020 | Articles, Sean Answers
Will an MBA from a top school help me if I want to be a small business owner/franchisee? Obviously, if you have an MBA it shows you have the discipline to not only attend school but to stick with it but other than that I do not believe it will dictate whether you...
Sep 13, 2020 | Articles, Sean Answers
What is the most difficult part in making a marketing plan? The most important part of your marketing plan is HOW ARE YOU GOING TO ATTRACT CUSTOMERS? It does not matter what you are selling if you cannot attract target customers to your offering. What will be your...
Sep 13, 2020 | Articles, Sean Answers
How do I promote personal development in my organization? Encourage your staff to develop themselves Challenge them to pick an area of improvement over a given time period. Provide the funding to assist in they want to take a class, seminar, etc. Reward them for...
Sep 11, 2020 | Articles, Sean Answers
How can one reignite the passion for their business again? HOW TO REIGNITE YOUR PASSION FOR YOUR BUSINESS Ask what excited you when you first started the business? Ask what is keeping you from being passionate about the business? Bad cash flow Bad Team (makes you...
