There has possibly never been a better time to start a franchise business, ever. Not only is the franchising model proven, but with a pro-business administration in Washington, the regulatory, and tax environment, along with consumer spending power has never been better! Please don't take my comments as a political endorsement of any politician or political party. I simply think that the facts stand on their own.
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Written by Jim Otto
Some of our readers may recall that the Shear Madness Haircuts for Kids Salon Franchise in Albuquerque was voted Best of the City in 2014, 2015 AND 2016. We are excited to say that they've done it again, and have been voted by readers as Albuquerque The Magazine's Best of the City for 2017! This is quite an honor to be sure, as numerous votes were cast in order to spotlight those businesses, organizations, restaurants, and people that help make Albuquerque such a great place to live!
Read MoreIn previous blogs we have discussed the importance of being able to manage people and create a great team in your franchise. This doesn't happen over night, and depending on the industry you're in it may take months or even years. The key to all this may be your ability to identify the one or two employees who have the ability to lead. Identifying individuals who are the ultimate team players may very well be the key to your business success. A recent Harvard business report calls these individuals "charismatic connectors". These employees will become your Managers and free up your time so that you can work ON your business and not IN your business. They will help save you hundreds of hours of time, and be your wall against you working in your business handling problems. By letting them handle the problems, this helps free you up to work on growing your business.
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