Strategies for “growing” a franchise business

Strategies for “growing” a franchise business
(from an organizational growth perspective – getting beyond capacity)

1. There are 9 Stages to growing a business (not just two: broke and really broke)

  • Know what challenges you will face
  • Know what to focus on and when

2. There are 3 Primary Roles/Functions of a Business Owner

  • Bringing inBusiness
  • Getting the work done
  • Serving your customers

3. The sooner you delegate, the sooner you will elevate, your business

4. Manage your business so it doesn’t manage you

  • Your time is your most important asset
  • How you manage (you & your people) determines your momentum
  • 80 % of your business comes from people you know
  • What are you doing to create RAVING Fans?

5. Client Experience is key

BONUS:

6.Vision, Mission & Mindset are everything

  • What is your Vision for your business and your life?
  • What Mission are you on? Does it bring out your passion?
  • What are you going to do to stay positive (Vision & Mission?)

Hope you enjoy this mini-moment
Jim Roman
www.BOIVA.com

Copyright © 2011 Business Owners Institute, LLC All Rights Reserved

 Knowledge is not power,
applied knowledge is what makes a difference!

This entry was posted in Business Strategies, Operations. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*


5 + = ten

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>