Franchise Success Formulas

Super star General Managers get promoted to District Managers every day. The business owner has complete trust that if they were great GMs they can be great District Managers. They can't be further from the truth. There are many things that can put those super stars on the road to failure. Join Aicha on this show and learn some of the reasons why new District Manager can fail and what to do to pre...

There is some confusion between what is a Multi-Unit LEADER and what is a Multi-Unit MANAGER. I hear those two titles sometimes used interchangeably and that is not only confusing but also dangerous for your business. There is a significant difference between them and if you are - or are planning to be - a multi-unit business owner you need to understand this or it can cost you. Join Aicha on this...

Being an entrepreneur is not easy. It requires a wide variety of knowledge and talent. Almost everyone can be a successful entrepreneur if they possess some of the talent and knowledge and they are willing to acquire whatever they are missing from those who have it. In this week's show Aicha will share what it takes to be a successful entrepreneur, and why it is important that you always have a Bu...

There are many reasons why your Multi-Unit Leader / District Manager must be trained. Join me on this show where I share the top 3 reasons why they should be trained.

As the number of multi-unit franchisees continues to grow, so does the need to hire or promote District Managers. This is a key position in a franchise organization and for that reason it is critical that the right person is chosen for it. Join me in this show where I will share the qualities of a great District Manager so that you keep those in mind when selecting your next leader.

The biggest reason why Multi-Unit Leaders (District Managers ) fail, is because instead of doing their actual job, they become glorified super GMs. Join Aicha in this show to learn what that looks like so that you can identify this problem, the consequences if this is happening and what they should be doing instead so that they can be successful at their job and achieve the organization's business...

Acquiring the right to a Franchise requires a significant investment. Usually, the higher the investment the higher the ROI. But are franchisees investing the right amount to ensure their success and in the right places? In this show Aicha shares what is the normal Franchise Investment and how it should be different to ensure success.

There is one little known fact about Franchising that most franchisees only find out AFTER they purchase their first franchise and start to operate it on their own. This secret is the reason why many new franchisees struggle and it takes them a long time to figure out and even longer to be able to overcome it. Join us in this show to learn what is this secret and what you can do to overcome it soo...

We are in a battle for staffing. Things are turning around but not fast enough. We have to figure out how to win the race so that we can provide the quality product and service that will win our customers and provide the revenue we need to have a healthy and profitable business. Join m in this live show where I will share 6 Practical Tips that anyone can do but very few actually do… because it is...

Turnover is the highest hidden cost in retail and service based businesses. Having high turnover is actually the highest threat to a business financial health and the owner's and employees overall work experience. In this show Aicha will walk you step by step in the calculation of the cost of turnover so that you can put a $ amount behind it and be clear of what it is costing you today every time...

The road to success is not easy. Owning and managing one franchise unit is something that most people are able to do, but if you want to build a true multi-unit enterprise you have to go through the hell of running 2-4 units first. Listen to this show to learn what is that hell and what you can do to go through it as quickly as possible and not let it be as bad as it can be.

While being mindful of your expenses is a critical responsibility for a business owner, that alone cannot drive your long term success. Join me on this show where I share how solely focusing on cost saving cannot take you to the success you look for when building a franchise enterprise and what you should do instead.

There is big hype these days about becoming a Multi-Unit Franchisee. Many brands are focusing a lot of their expansion in selecting existing successful franchisees and encouraging them to grow into a multi-unit enterprise. But is that as good idea as so many make them to be? Well… that depends on your goals and many other things. Join me on this show as I cover the Pros and the Cons of becoming a...

There is one key element that supersedes all others, when it comes to franchisee success. This is something that no one tells the new franchisees when they buy the franchise and they don't figure it out until years later. Sometimes they never figure it out and that is why they fail! It is also the #1 reason why many franchisees struggle every day and end up compensating by working harder and longe...

The process of choosing the right franchise for you takes time and a lot of research. Many franchisees often wonder after they have opened their first unit if they chose the right franchise for them. In this show I will explore how to determine if you have the right franchise and what to do about it if you do not.

When you have a job, you are normally clear on what is your role within the organization. That clarity defines what you are supposed to focus on day-in and day-out to accomplish the business goals. When you are an entrepreneur, especially a Franchisee, that role is not as clear. Join Aicha on this show to learn what is your Role as a Franchisee so that you can achieve your business and financial g...

Hello! Welcome to this first episode of Franchise Success Formulas! I hope that you enjoy this podcast, subscribe, and send us your questions and request for topics. We would love to hear from you!