Using Creativity and Brainstorming as a Strategy for Recovery
Businesses and franchisors that successfully emerge from the COVID-19 will need to rely on creativity. As an outsourced CFO, I have been working with franchise concepts…
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Marketing Strategies During COVID-19
As rumblings continue about how the economy will emerge from the COVID-19 crisis, I reached out to Kim Shepheard, President of Shepheard Marketing. Kim and I…
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Climbing Out – What will it look like after COVID-19?
There have been glimmers of hope this past week. While the country is still embroiled in the COVID-19 crisis, a discussion is starting about when and…
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The Power of Customer Data – Three Considerations for Finding Your System
When I took over Monkey Bizness Franchising, an indoor kids’ play concept, in 2015, I asked our franchisees a question, “How many times do you think…
Read moreYoung and New Franchisors Should Crunch the Numbers on Online Ordering
While ordering food online through apps such as Grubhub or Uber Eats has only been around for a few years, it has made a huge impact. …
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3 Ways to Build a Financial Support System For Franchisees
Success for any franchisor can be measured by their number of healthy franchisees. The statistics bear out that franchises fail about as often as a regular…
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Five Ways a CFO can Help you Stick Out in a Competitive Franchising Landscape
While it is hard to get an exact count on how many franchise brands are in the United States, the number is somewhere between 3,500 and…
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Marketing, Customer Value, and Capital Allocation: 3 Things Small Businesses Can Learn from Spotify
Spotify is going through changes. Recently their CFO announced he would be leaving and an in-house candidate was chosen to succeed him. The Company is in…
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14 Budgeting Season Tips and Tricks
The season is upon us….its that time of year you walk into Hobby Lobby and know exactly what time of year it is without need a…
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How to Win in a Fighter Jet and in Business
Many would be surprised to learn that there was little science to flight combat during World War I and II. In fact, the beginning of thinking…
Read moreA Quick History on “Paying Yourself First” and Why It Matters
I didn’t learn it on my first go around. I studied a lot about entrepreneurialism and small business. Like many, I read books, articles, and most…
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Your Accounting and Finances Could Be Better
Some might look at the title of this article and say “Oh ya, how do you know?” Odds are, you fall in one of those groups. …
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