The Winter of Discontent or Disenchantment

The Winter of Discontent or Disenchantment

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...
How Could the Coronavirus Affect Franchising?

How Could the Coronavirus Affect Franchising?

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...
The Importance of an Annual Review of Your Business

The Importance of an Annual Review of Your Business

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)...
The Financial Impact of Franchising Your Business

The Financial Impact of Franchising Your Business

By Eric Parker If you have a successful business that has expansion potential, you could consider various options to achieve your expansion objectives.  You have 3 expansion options: Develop a branch network.Develop a franchise network.Develop a Joint Venture network....
10 Commandments of Franchising

10 Commandments of Franchising

by Eric Parker and Sasha-Lee de Bod 1. Thou shall make sure your business concept is proven before you start to franchise. Franchising is a very successful distribution strategy to expand a proven, successful business. It’s not ethical or practical to franchise an...