By Eric Parker Most companies have been severely affected by the Covid pandemic. It has changed their business plans for expansion in most of the following ways: Profit has been reduced leaving less capital available for expansion.Their appetite for risk has been...
by Eric Parker As a franchisor once you have your concept right and your franchise package in place you are now ready for the franchisee roll out. The most important thing for a successful roll out is to select the right franchisees. This is very...
By Eric Parker It has now become evident that 2020 will be a difficult year! For you, your family and friends, your country and the world at large. We believe the best way to get through this is to focus on the 1st of January 2021 and set up plans to get through...
By Eric Parker The hot topic at the moment is ‘’the worldwide spread of the Coronavirus”. There is little doubt that this virus will have an impact on all businesses. Let’s examine the impact it could have on Franchising. The Franchisor has a responsibility to support...
By Eric Parker In this changing business environment and challenging economy, it has become essential to re-evaluate your business and refresh it at least annually. Just as annual reviews are conducted with staff to determine what they are doing right (affirmation)...