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Tag: #franchising

Crisis Management Planning

It takes 20 years to build a reputation and five minutes to lose it..Warren Buffett   What is a crisis? A time of intense difficulty or danger? So, in business, a crisis is related more to a significant adverse event with possible reputational damage. An out-of-the-ordinary event, disclosure or set of circumstances, real or perceived,…
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Franchising is like a marriage

Will the new changes to the Franchise Code ensure more franchisee success? A new Franchising code was released on the 1st of July. The new fully updated Code Legislation can be downloaded! More disclosure and a stronger contract will not guarantee franchisee success. Instead, a strong business model, passionate franchisees, and a strong relationship between…
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