by lwelko | Dec 2, 2019 | Franchise business, Franchises, Franchising
With Thanksgiving last week, I have pumpkin pie on the brain. One slice is never enough! Likewise, in franchising sometimes owning only one franchise just doesn’t cut it. While franchises provide sales and support services to individual franchisees, there is another...
by lwelko | Nov 25, 2019 | Franchise business, Franchises, Franchising
Opening and operating a business takes hard work, owning a franchise is no exception. But the benefits of having your own business and possibility that your income will continue to grow while the amount you work remains the same or is actually reduced, is hard to...
by lwelko | Nov 18, 2019 | Franchise business, Franchises
Now that football season is underway, I find myself using more and more football metaphors when discussing how potential franchisees need to keep their eye on the ball when reviewing franchises. See, there I go again! In my years of being a franchise consultant, I’ve...
by lwelko | Nov 11, 2019 | Franchise coach, Franchises, News, Retirement
Today we celebrate and honor veterans for all they’ve done for us. I personally pay tribute to my grandma and grandpa on my father’s side (photo of them is from 1945), and every uncle on my mom’s side, as well as her father, my paternal grandpa (attached photo from...
by lwelko | Jul 30, 2019 | Business Tips, Franchisee, Franchises, Franchising, Franchisor
All good Franchise systems will require that Franchise agreement are the same for all Franchisees. As a consequence, they will generally make the statement that the Franchise Agreement is a non-negotiable instrument. If a Franchise system allows for the negotiation of...
by lwelko | Jul 16, 2019 | Franchise business, Franchises, Franchising
Who would have thought 10 years ago that you’d be able to control your home’s thermostat, lights and security system using your smartphone? Today, everything is connected to the internet. It’s a key component of home automation and smart homes, which feature...
