When looking at where to start, a lot of entrepreneurs get caught up in the weeds looking at the numerous items that need to be tackled: sourcing materials, speaking to landlords, and arranging for financing, to name a few.
By Sebastian Fuschini Q: What types of initial and ongoing support from a franchisor are the most important to a first-time franchisee? A: Starting up a business can be daunting. For a first-time franchisee, especially, support from the franchisor is key. A good franchisor will offer support in many areas, including site selection, lease negotiation, design, construction, financing, marketing and training.
By Eric Lofholm
In the first fiscal quarter of each new year, it is prudent for franchisees to prepare a profitability plan for the coming months, especially with respect to your sales and marketing endeavours.
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