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Casual Articles - Is Franchising Right for You?
Making the Best of Your Time and ResourcesCongratulations! You’re the new maintenance manager of Megamonolith Corporation. Although you’re exited about the position, you realize you have your work cut out for you. Megamonolith recently bought out another company, and you’re assigned to the site. During your first six months, you conduct a facilities audit and discover that the prior maintenance program consisted only of breakdown repairs. (For information about facility audits, please refer to my white paper “The Facilities Audit” available through my website at www.fps-fm.com.)One of the first things you need to do is establish a work coordinati
THE FRANCHISE BOOM
The franchise concept is not new. The first franchises appeared shortly after the Civil War (established by the Singer Sewing Machine Company and other large corporat
If you love traveling, have a heart for adventure, and enjoy seeing cities from a vantage point high above the clouds, a career as an aviation pilot may be right for you. Thanks to growth in the aviation industry, job opportunities for pilots abound. In fact, aspiring pilots can find jobs with either commercial airlines or corporations that own their own private jets. With many of the military aviators of the Vietnam War era retiring, industry observers are actually predicting a shortage of pilots in the years ahead.It was once thought that few people could succeed as pilots—but nothing could be further from the truth. Research indicates that as man
There's no way to completely eliminate risk from business. It comes with the territory. The key is risk management, based on the rough formula that says: the fewer variables (risks), the greater the probability of success. That's the concept behind the phenomenal boom in franchising -- from auto dealerships to fast food to print shops to lawn services, pest control and more. That's also why, over the last several decades, the franchise form of doing business -- now with more than 3,000 franchise companies and better than 750,000 franchise units in operation -- has changed the way small business does business in this country.
THE FRANCHISE BOOM
The franchise concept is not new. The first franchises appeared shortly after the Civil War (established by the Singer Sewing Machine Company and other large corporat
They are two elements of negligent entrustment that defines it from negligent hiring. The first, and most obvious, is that negligent hiring requires the actual employment of the person causing the injury while negligent entrustment can apply to anyone, employed or not.The second is that in the case of negligent hiring, the provision of a dangerous instrument need not be provided to the employee carrying out the injury. If that instrument is provided by an employer, then the employer could be guilty of both negligent hiring and negligent entrustment.Negligent entrustment applies in tort law where the entrustor negligently supplies the entrustee w
There's no way to completely eliminate risk from business. It comes with the territory. The key is risk management, based on the rough formula that says: the fewer variables (risks), the greater the probability of success. That's the concept behind the phenomenal boom in franchising -- from auto dealerships to fast food to print shops to lawn services, pest control and more. That's also why, over the last several decades, the franchise form of doing business -- now with more than 3,000 franchise companies and better than 750,000 franchise units in operation -- has changed the way small business does business in this country.
THE FRANCHISE BOOM
The franchise concept is not new. The first franchises appeared shortly after the Civil War (established by the Singer Sewing Machine Company and other large corporat
If you're just starting out as a medical billing company, one of the first decisions you have to make is what claims you're going to support. In other words, who are you going to bill? Because of all the complexities involved with medical billing procedures, we can't possibly cover all the pros and cons of billing each type of agency but we will cover the main points. This way, if you are just starting out, you can decide what kind of claims and carriers you want to support.Let's start with billing Medicare. Medicare is one of the oldest carriers in the United States. It is run by the government but each region and office is independent and has slig
THE FRANCHISE BOOM
The franchise concept is not new. The first franchises appeared shortly after the Civil War (established by the Singer Sewing Machine Company and other large corporat
Many organizations in San Diego also are highly in need of junior and senior level executives. The executive recruiters in San Diego strive to get highly qualified and experienced executives for their client companies.In order to get a senior individual for the recruitment of the executive post, these executive recruiters need to go to the senior executives already working in other companies only. As the senior individuals feel comfortable working in a company, achieving their own periodical goals, they will rarely try to change their company. At this juncture, it is the duty and effort of an executive recruiter to change their mindset and make them get
THE FRANCHISE BOOM
The franchise concept is not new. The first franchises appeared shortly after the Civil War (established by the Singer Sewing Machine Company and other large corporat
During the holiday season, and in business generally, we can hear the pursuit of more: more money, more customers, more profits, more food, more clothing, more friends, more time, more more.When is more, enough? Do you have enough air to breathe and food to eat? Enough space to live in and business to keep you busy for a while?If you are reading this now, you’ve surely got enough in your life to give yourself an occasional rest, a break, a moment out of the persistent quest for more…a chance to really enjoy what you already have, which most of the time is quite enough.This is not a call to discard ambition or quell your quest for greater go
THE FRANCHISE BOOM
The franchise concept is not new. The first franchises appeared shortly after the Civil War (established by the Singer Sewing Machine Company and other large corporations to distribute their products). The idea took off earlier this century with the rise of auto dealerships.
But franchising has truly come of age in the decades since World War II, with the boom in retail and service franchises. Franchises now account for account for between 40% and 50% of all retail businesses, employ more than 18 million workers, and generate better than $2 trillion annually in economic output, creating what would be the fourth largest GNP in the world!
The franchise concept is simple. The franchisee or franchise buyer purchases a legal right to sell a good or service from the franchisor. This includes the parent company's trademark and other services. In return, the franchisee agrees to certain restrictions and pays an ongoing fee.
That's perhaps why franchises have become the domain of the small
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