This month we're spotlighting our Bronze-Level Broker of the Year, Sid Lee, the President of Choice Franchise Advisers. Sid became a broker when he joined the FBA in January 2013. He comes from a long career as an executive with Starbucks. He personally experienced what so many people do in corporate America and was RIF'ed (Reduction in Force) because of his age and elevated income. Devastated, and with no income, he was forced into launching his ...
June 24, 2016Chris Wall
Franchise Consultants are the people who help guide potential entrepreneurs to the ideal franchise. The good ones, with whom you want to associate with and can trust, are true advocates and work closely with their clients throughout the entire process -no matter how long it takes. Their goal is to deeply understand their clients and to use their knowledge and experience to best serve them. Cheryl Chiasson is a Franchise Consultant at Franchise Connexion and understands how big ...
May 26, 2016Chris Wall
A business is only as good as its people, process and product (The 3 P's Principle). When it comes to franchising, this principle couldn't be more obvious and important for success. Franchsors are supposed to provide the systems, tools, and support of clearly defined processes that give their franchisees a blueprint for how to succeed. In addition, the franchisees must be properly validated, capitalized, and motivated to achieve their long-term goals. But, what does it really take to develop and a grow a business ...
May 5, 2016Chris Wall
Most parents want their kids to have a better life than they did. They constantly plan for their children's futures from birth through childhood and, in many cases, beyond college. It's not a burden, but a feeling of personal responsibility and an innate desire to provide for their children. Some even take this responsibility beyond their own lives. They seek to build a legacy to ensure that their children will always be taken care of long after they are gone. This ...
April 25, 2016Chris Wall
The Scout & Molly's franchise is a rare find in both franchise concepts and boutique chic storefronts. After only franchising for just two years at the beginning of 2016, they've grown to 60 stores and are expanding nationwide! Powered by the Franchise Development experts at Rhino 7 they are on track to grow another 30-40 units a year. This is a ...
April 13, 2016Chris Wall
I often hear from people who are interested in what it's like to be in business as a franchise consultant. Even other franchise consultants are interested in what others are doing so that they can hopefully learn a few tips to apply to their own businesses. Last year we conducted a case study of Brian Frazier from Apex Business Advisors in his first year in business as a Franchise Consultant. Since the time of the first ...
March 31, 2016Chris Wall
Last moth we shared Robin Rapaport's Top 5 lessons learned from a lifetime of owning a franchise. Robin is now the Franchise Development Director with Tutor Doctor after a long career of being a leading franchisee in the Top 5% of the system. Today she is slicing up the Tutor Doctor opportunity and sharing the key features of the brand that set it apart from the competition. Explain the Tutor Doctor Concept Tutor Doctor was first established in 2000, and after seeing how successful ...
March 30, 2016Chris Wall
Being a Franchise Consultant is very much a niche business. In fact, most people haven't even heard of the profession or understand what it means to be one. Over the years many organizations have come and gone or morphed, all with a promise to get people into the business through initial training alone or simply by giving you access to franchise contracts. The big question, though, is what does it ...
March 29, 2016Chris Wall
Are you an active franchise consultant who is looking to grow your business quickly and advance your proficiency? Then you'll not want to miss our introductory webinar this Thursday at 3pm when we discuss our new program, The Business Accelerator. Make the most of your business and gain access to the secrets of the pros. This program was developed by our Top Producers for those who are actively searching for ways to fast-track their business to the big leagues. ...
February 25, 2016Chris Wall
Robin Rapaport has spent a lifetime being a teacher, motivator, and entrepreneur. Today she shares her story, and the lessons she's learned over a lifetime of experience, in the hopes that it will provide valuable perspective for anyone looking to be their own boss and interested in owning a franchise. A native Californian and single mom of three, she spent nine years running a non-profit organization, ...
February 24, 2016Chris Wall