Communication: the recipe to success in business
Communication is defined as the process of transferring information and meaning between senders and receivers, using one or more written, oral, visual or electronic channels. Simply put, communication is the exchange of information between people. With such a simple definition, you would think the process is an easy one that never results in any misunderstandings. […]
Big city franchising versus small town franchising
Bronwyn Oliveira, Brand Manager of Maxi’s, a family restaurant chain that forms part of the Taste Holdings group, gives some input on the differences between big city and small town franchising. Franchising has become an alluring business venture for many entrepreneurs, with the main attraction being a proven business model, an operational support basis, a […]
A dozen characteristics of a great franchisee leader
Great leadership is hard to define but easily recognisable when seen in action. We can distinguish great leaders through their willingness to make a sacrifice, respond to a challenge, the excellence of a long-term game plan or how they tackle venturing into uncharted waters. Successful leaders understand that to lead a new franchise to growth […]
Teaching the tricks of the trade in franchising
Training plays a vital role in ensuring the progression of any business. Without it, staff will not be able to reach the goals of the company, and they will also not be able to advance and achieve their own potential. Fortunately, the franchising model is one in which training plays a great role. Since new […]
Busting common franchising myths
It is said that franchising increases a business’ success rate by 80% or more, as it is cemented on the learning and triumphs of other business pioneers, making it an ideal option for the entrepreneur looking for a smart investment. The concept of franchising is not a new one, and countless information sources are available […]
3 habits of highly successful franchisees
To be a franchise owner is one thing, but to be a successful franchise owner is another. Many people think the day they open up the doors to their business is the day they automatically start making money but it’s not as simple as that. To be a successful franchisee or in fact a successful […]
New Year’s resolutions for the determined franchisee
With the end of 2013 fast approaching, many business owners are either fervently preparing for the festive season or for the annual business shut down. In this time, which is known for being the busiest period of the year, the process of planning ahead and preparing for the new year can be easily underestimated. Managing […]
Gearing staff up for the festive season
Bronwyn Oliveira, Brand Manager of Maxi’s, a family restaurant chain that forms part of the Taste Holdings group, explains why franchisees need to get their staff ready and motivated for the festive season hustle and bustle. As Christmas edges closer, people eagerly count down the last few days of the year until the festive season […]
Franchisees, your franchisor needs you!
According to many entrepreneurs, franchising is a great way of becoming a successful business owner. With its business fundamentals and a solid reputation already in place, the franchise model is ideal for any entrepreneur who values a business concept that is solidified with additional support from the franchisor and their team of experts. Unfortunately, no […]
Will a franchise work for you?
Many people, who receive large sums of money such as a retrenchment or retirement package or even an inheritance, consider buying a franchise to make their money grow. The food franchising industry can be very exciting, but can also very challenging as it demands a lifestyle change to run it successfully. This is why Maxi’s […]