When I purchased Monkey Bizness Franchising in December 2015, I thought I was only purchasing a business that franchised indoor active kids play centers. Little did I know the number of friends I was acquiring with the business……after buying a business, everyone wants to be your friend. There is no shortage of people that want […]
Strategies and Costs of Franchise Development Read More »
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 calendar. When your significant other comes home, you can tell what is on their mind. While it should be a festive atmosphere, it often gets tense after awhile. Yes,
14 Budgeting Season Tips and Tricks Read More »
I have spoken with enough small business owners to know they don’t understand what role a Chief Financial Officer (“CFO”) would play in their business. Admittedly, the role is not as cut and dry as other jobs they most likely have filled in the past. Small business owners can tangibly see what a sales manager,
Why Your Small Business Needs Some CFOing Read More »
I was recently at a 2-day franchisor retreat. As a franchisor myself, I am around the industry quite a bit. It was one of those retreats that are typical when you think of such events. Yes, it was at the airport (actually, the hotel attached to the airport). Most of the attendees had flown in
CFO’ing for Franchisors Read More »
I talk with many business owners who tell me their goal is to increase their revenue by X% next year. “Great, how are you going to do that?” is usually my response. Many of these owners haven’t really thought through a solid plan to increase their revenue. The response is often a new marketing method
4 Ways to Drive Revenue Growth Read More »
As businesses grow with time, bad habits begin to form. These bad habits take many forms…some will effect your customer service, some will effect your employees, and most all will effect your bottom line. For those of you that have ever purchased a business, you will know exactly what I mean. When you purchase a
3 Ways Small Business Owners Can Give Themselves a Raise Read More »
When I first purchased my small business, Monkey Bizness, I took a meeting with a small business strategist. I have to admit, I left the meeting and I turned to my Director of Marketing and asked: “Did you understand what that guy does for businesses?” It wasn’t that the meeting was fascinating and insightful (it
Finance + Strategy – What You Need to Know Read More »
