Franchisees Should Learn From Each Other

If you own a franchise you should be in contact with your nearest franchisees and share information as if you were the manager of a corporate store. You should set up meetings once or twice per month and have their phone numbers logged into your speed dial for easy reference.

You should learn from the experiences of your fellow franchisees. For example, let's say you found out your next-door franchisee neighbor as a certain type of customer and you are starting to see a few of these types of customers come into your store. You decide you would like to see more of them as their average ticket prices are better than your current average customers. You, of course, will want to learn all you can from your neighboring franchisee and what they have done to target this market segment. It's really nice to know you can pick up the phone and call a friend who has answers to these types of questions you might have on a regular basis. They can help you by:

Allowing you to work with them in their store for a half of day

Introducing you to certain types of customers to help you understand their needs

Explain idiosyncrasies in serving different market segments

Dealing with these different customers and their fears

Learning how to best service these new customers and understanding their buying behaviors.

This works well. Your regional director can also help you but he/she may be learning as they go just like you. As a franchisee you have a team to plug into, it is a system, the system is dynamic and you can learn from it to help you become more efficient and profitable. You should call your Regional Directors as well as your local franchisees, because two minds are better than one. We know you can figure it out, but it sure helps to have the extra support. Maximize the team synergies of your franchise system, stay plugged into the strength of numbers and economies of scale. Think on this.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs

In The News:

Kaloom's Container Networking Dramatically Improves Overall Application Performance  Business WireSEATTLE--(BUSINESS WIRE)--Kaloom, an emerging leader in the automated data center networking software market, today announced the complete ...
Seven Networking Tactics Borrowed From The Broadway Stage  ForbesJust in time for the holidays: networking advice to help you prepare for and successfully navigate any gathering.
Lenovo Unveils ThinkSystem RackSwitch Networking Gear  eWeekLenovo announces its initial lineup of disaggregated network switches, which can run either its own CNOS operating system or Cumulus Linux.
Networking trends and news: 2018 year in review  TechRepublicSecurity and wireless bandwidth were the top computer networking subjects of 2018. Those topics were no great surprise. Here are some highlights from these ...
Japan bans Huawei and ZTE 5G networking hardware; will Canada be next?  VentureBeatIf 5G equipment bans from the United States, Australia, and New Zealand weren't enough this year, Huawei will end 2018 on an even worse note: Kyodo News ...
Arista to Demonstrate Any Cloud Networking for Kubernetes at KubeCon NA 2018  Business WireArista demonstrates AnyCloud networking for Kubernetes at KubeCon. Technology preview includes integrated solutions with Red Hat and Tigera.
Amazon is Running a Huge Green Monday Sale On Home Networking Gear  Comicbook.comToday is Green Monday 2018, which is basically the Black Friday of December. That's certainly true for anyone looking to upgrade their home networking gear ...
The Branch to host co-working and networking for local area businesses  Racine County EyeThe Branch, a café and event center at a historical venue with a modern twist, is opening up a shared office space at their location at 1501 Washington Avenue.
Indicoe: Networking Organization Gets Artists from A to B  DC Metro Theater ArtsWhether you are an actor, a dancer or a painter – being an artist can be a lonely business, characterized by short-term jobs, self-doubt and a constant need to ...
Wolfe Research Launches New Coverage on 12 IT Hardware & Networking Names at Market Weight  StreetInsider.comAnalyst Steven Milunovich comes out on twelve IT Hardware & Networking names with a Market Weight outlook. Serious News for Serious Traders!
Networking chance for scholarship winner  Royal GazetteThe Association of Fundraising Professionals (AFP) Bermuda Chapter announces the Chamberlain Scholarship Award winner Ms. Katie Bennett, the.
Am I obligated to foot the bill for a colleague who invited me to a networking event?  The Globe and MailMy colleague invited me to dinner with partners. Normally I wouldn't have attended this event but my colleague thought it would be good to include me for ...
The Usefulness of networking  BYU-I Scrollby Ashley Hatch | Dec 10, 2018 | Campus | 0 comments. The Usefulness of networking. Sharing is caring! Every semester students graduate and are sent out ...
Bringing security to the next-level of networking  IT Brief AustraliaBy securing your network at the DDI level, you can prevent DNS attacks, data exfiltration, and put a barrier around every connected device.
This Is How You Should Be Networking Your Nonprofit  ForbesDespite the availability of digital tools, connecting with potential donors has never been harder. Why? Fundraising still takes time and organizations with a big ...
Pica8 to Offer Multilayer Dell EMC-based Enterprise Open Networking Campus Solutions by Adding Support for Dell EMC's S4100-Series of Aggregation Switches to Portfolio  GlobeNewswireBrings Open Intent-Based Networking (OIBN) capability to every switch port in a campus network, allowing for granular security, policy, and visibility of data flows ...
The Most Productive Networking Comes From Mixing It Up: Four Ways To Add The Variety You Need  ForbesThere is no one-size-fits-all with networking. Not everyone likes to connect in the same way, in the same frequency, or about the same things. For practical ...
The Secret To Getting More Responses To Your Networking Requests  ForbesIf you tend to resist networking because you feel like it's just schmoozing, the tips in this article will help you to balance the playing field and open the door to new ...
Global Optical Communication and Networking Market Competition 2018-2025 Harris, Cobham, Terma, Rami, Rohde & Schwarz  Journal of IndustryOptical Communication and Networking Market 2018-2025. QY Market Study offers an Seven-year forecast for the worldwide Optical Communication and ...
When Networking Meets Hyperconvergence  EnterpriseNetworkingPlanetHCI is driving demand for new software-defined networking capabilities.
Members Review ONF Next-Gen Networking Reference Designs  Virtualization ReviewThe Open Networking Foundation released for membership review the draft versions of reference designs being developed to help advance open source ...
Amazon has Discounted Tons of Networking Gear for the Holidays – Super Cheap Mesh WiFi Systems, WiFi Routers, Switches, More  WccftechNow's the time to pick up some neat looking networking gear as Amazon has unleashed a plethora of deals on some of the best hardware available.
Cisco Systems And David Goeckeler's Vision For Networking  ForbesAnalyst Will Townsend takes a look at David Goeckeler's leadership and vision for Cisco's Networking and Security business.
Networking Tips For Any CEO Who Works 'On' Or 'In' The Business  ForbesAs the CEO of your firm, is networking your responsibility or should the task belong to others in your firm? The answer depends on your level of business ...
Digital transformation sparks innovation in networking  MIT Technology ReviewThe network needs to keep pace with the demands of exciting new technologies like containers and microservices, according to presenters at a recent industry ...
What’s the buzz around Priyanka Chopra-backed social networking platform Bumble?  YourStoryThe US-based social networking platform for women finds its way to India. YourStory caught up with the founder, Whitney Wolfe Herd, to hear more about the ...
The week in networking? It's SD-WAN all the way down  The RegisterRiverbed made two announcements covering its SteelHead SD-WAN solution this week – a bunch of enhancements, and subscription pricing options.
Dell EMC committed to networking, shares product and partnership plans  Network WorldTom Burns, senior VP and GM of Dell EMC Networking and Solutions, sheds some light on the company's diverse and broad networking portfolio.
Capita seeks new networking chief: Up for it?  The RegisterCapita is looking for a new networks chief. fake smile. Shiny new Capita boss to UK.gov: I know you are but what am I? READ MORE. The company has ...
Vancouver networking company SmartRG sold  OregonLiveIt's the latest in a string of deals for tech companies in the Portland area.
Belden Focuses on the Future of Industrial Networks  Automation WorldFrom Time Sensitive Networking and Gigabit Ethernet to Power over Ethernet, Belden showcases the building blocks of industrial networking's future.
2019: Look for improvements to software-defined data-center networks  Network WorldDevelopments in cloud services, security, containers and white-box switches can make a positive impact for software-defined data-center networks in the coming ...
Cisco Systems In Talks To Acquire Optical Chip Pioneer Luxtera: Report  CRNLuxtera develops silicon photonics, which integrates fiber optics with silicon electronics. The "fiber to the chip" technology is said to greatly speed data ...
Bureau En Gros' All-New Networking Space Opens This Saturday, Here Is Everything You Need To Know  MTL BlogWhen you think of Bureau En Gros, you probably recall all the times you went shopping with your parents for new school supplies when you were in elementary ...
Networking the last billion: Are solar drones part of the solution?  IDG ConnectAt the time of writing, there are rather more than 7.5 billion human beings alive on Earth. More than half of them - 3.8 billion, according to analysis from the ...
Why Physical Networks Aren't Like Their On-Paper Counterparts  The WireBy ignoring the geometric characteristics of links and nodes, networks theorists might have been missing out on important features that determine why some ...
10 useful and free networking tools that are Windows 10 apps  Network WorldNetworking tools for Windows are typically command-line programs or desktop applications. Under Windows 10, there's a third format: apps that you download ...
Scenes from D Magazine's Young Professionals Event: Networking 101  D MagazineTo prepare for the holiday season, more than 100 young professionals joined D Magazine on November 14 at 3015 Trinity Groves for “Networking 101,” an ...
Coastline hosts Christmas networking event for businesses of West Kempsey  The Macleay ArgusThe team from Coastline Credit Union West Kempsey hosted a Christmas networking evening for local businesses located in West Kempsey last night.
Pink Link launches networking group in Poulton  Lancashire Business ViewPink Link is launching a third group in Poulton. Demand for women-centric networking has been huge and this will be the seventh network across the region.
Cisco to Acquire UK Networking Software Specialist  Light ReadingCisco is to acquire small British outfit Ensoft, which develops software that supports routing, switching, carrier Ethernet and much more.
Networking For Franchisors: Money Maker or Time Waster?  ForbesThe traditional goal of attending a business networking event would be to attain sales and new customers. For franchisors, the reason for attending networking ...
IN PICTURES: Leicester Mercury Business Awards networking breakfast at College Court  Leicestershire LiveEvent is a prelude to 2019 awards, which take place on Thursday, April 11.
Karen Wickre's networking advice for introverts  QuartzKaren Wickre has been working in Silicon Valley longer than most Silicon Valley CEOs have been alive. She came to the Bay Area in the mid-1980s to join a ...
IEEE makes IEEE 802.1CM time-sensitive Ethernet networking standard available  LightWave OnlineThe IEEE and the IEEE Standards Association (IEEE-SA) have published IEEE 802.1CM™-2018, “IEEE Standard for Local and metropolitan area ...
Why Extreme Networks' Shares Rose 18.6% Last Month  The Motley FoolThe data center networking expert crushed analyst expectations in the first quarter, making the stock look downright cheap at recent prices.
Who is Justin Gimelstob: The networking king who has risen to the top of the ATP  The TelegraphDuring this year's first Wimbledon semi-final in July, BBC viewers could hardly help but notice the tall figure in a blue suit who kept rising from his seat at ...
F5 Networks makes a play in mesh space with Istio-based Aspen Mesh | FierceTelecom  FierceTelecomF5 Networks announced this week that its Istio-based *service* mesh was now in public beta testing. Also at KubeCon, which started Monday and ends Thursday, ...
3 Reasons Why You Should Attend More Networking Events  ForbesHave you been skipping networking events? Here are three reasons why you want to start showing up.
Prep to Earn Valuable Cisco Networking Certifications with This Bundle  XDA-DevelopersWhen it comes to networking and IT, Cisco reigns supreme. Used by many of today's top companies, Cisco networks act as the driving force behind ...
AWS Launches ARM-Powered Servers & Networking Enhancements  Light ReadingNew A1 instances use custom AWS Graviton ARM processors to reduce costs up to 45% for scale-out workloads like microservices and web servers.
3 Characteristics Of Powerful Female Networking Groups  ForbesFemale Networking Groups support the inner and outer work of being a leader. Here are 3 characteristics you should look out for.
Networks Fumble Football C3 Rating Gain in November  Broadcasting & CableDespite rebounding viewership for NFL football, the C3 ratings used to buy and sell network TV advertising fell by double digits in November, according to an ...
Google's Gpipe library for faster Training of Neural Networks  Analytics India MagazineThe researchers at Google Brain, came up with a new library to scale up deep neural networks training for managing ever changing time-series data.
5 Networking Tips For MBAs  BusinessBecauseNetworking is key to success in business, so here are five ways you can boost your likelihood of networking success.
Aetna settles with state over ‘ghost networks’  The Boston GlobeHealth insurer Aetna has agreed to vastly improve information for consumers, after an investigation by the Massachusetts attorney general found that its provider ...
INICnet™ Technology Simplifies Automotive Infotainment Networking with Support for Ethernet, Audio and Video Over a Single Cable  GlobeNewswireINICnet coexists with automotive Ethernet, efficiently linking IP-based communication across vehicle domains. MUNICH, Germany, Nov. 13, 2018 (GLOBE ...
How To Survive Networking Drinks Without Making An Utter Pelican Of Yourself  Pedestrian TVWell, well, well. Look at you being all fancy and ready to take on the world of networking and contacts and events and business and OH GOD, it's just a lot, okay.
Google Cloud Expands Partnership With Palo Alto Networks  Gadgets 360Palo Alto Networks will run its Application Framework and GlobalProtect *service* on Google Cloud.
Women build less effective professional networks than men as they underestimate self-worth  Science DailyA new study reveals that it is not only exclusion by men, but also self-imposed barriers including hesitation and gendered modesty that prevent women from ...
Sinclair Broadcasting seeks redemption in its bid for Fox’s regional sports networks  Fox BusinessFox's regional sports networks may have a leading bidder in Sinclair Broadcasting.
Palo Alto Networks expands partnership with Google Cloud  Networks AsiaPalo Alto Networks will use the Google Cloud Platform (GCP) to run to run some cloud-delivered services.
Infinera, NEC Networks and System Integration Corporation Team to Help Regional Japanese Service Provider Modernize its Metro Backbone Network  NasdaqSUNNYVALE, Calif., Dec. 11, 2018-- Infinera, provider of Intelligent Transport Networks, announced today that it has teamed with NEC Networks and.
A Unified Communications Business Is An Opportunity, And A Defensive Play  CRN'Someone is going to be in there selling UC services. If it's not you, then it's another provider,' Jonathan McCormick, COO of Intermedia, said at The Channel ...
Right Networks Acquires Propelware  Business WireRight Networks, a leading provider of cloud solutions for accounting professionals, has completed the acquisition of Propelware.
ADVA Ensemble Controller aids in transition from legacy networks to SDN  LightWave OnlineADVA (FSE: ADV) has expanded its Ensemble software-defined networking/network functions virtualization portfolio with the Ensemble Controller. The controller ...
Industry's Fastest Storage Networking Speed Announced by Fibre Channel Industry Association 64GFC and Gen 7 Fibre Channel  GlobeNewswireContinuous Speed and Feature Improvements of Proven Fibre Channel Storage Network Technology Provides a Return on Investment for Years to Come.
Gas Networks Ireland: Farming is 'key to our ambition'  AgrilandA representative of Gas Networks Ireland has said that agriculture is vital to the company's ambition to produce renewable gas. Speaking on Newstalk today, ...
Facebook Messenger down: Social networking app crashes for thousands around the world  Economic TimesThe outage came a day after Facebook unveiled a new update to Messenger.
This free networking event is the ultimate opportunity for tech professionals  Daily HiveAre you a graduate seeking your first job in the tech industry? Or are you already in the workforce but looking for a career change? Either way, why not get a ...
Over a dozen networks passed on Stranger Things before Netflix said yes  Winter is ComingStranger Things creators Matt and Ross Duffer credit Game of Thrones for the wild success of their show. It's a time for genre.
10 New Social Networks for 2019  Practical EcommerceNew social networks help merchants reach customers and team members. Here is a list of new social networks — building on our comprehensive list from 2017, ...
Japanese mobile networks ban Huawei  MyBroadbandJapan's three largest mobile phone carriers announced they will no longer use equipment from Huawei.
Bees with backpacks? Gnat-sized systems turn swarms of bugs into sensor networks  GeekWireBees with tiny electronic devices on their backs could sound like a researcher's dream come true, or like a science-fiction novelist's nightmare come true.
Calling all Student Network Innovators. Juniper Networks and Comcast Want You!  njtechweekly.comIf you are a graduate or undergraduate student involved in higher-level programming, you might want to take advantage of a challenge being issued by Juniper ...
Using neural networks to visually overhaul Doom  TechSpotThe big picture: Perhaps work like this will inspire other developers to revisit their classic IP and re-release them as HD versions. I could easily come up with a ...
Versa Networks Teams Up for AWS Cloud Service  Virtualization ReviewVersa Networks is working with several industry partners to offer secure software-defined wide-area network (SD-WAN) solutions tailored to work with the ...
BlackBerry Could Help Secure Data With 5G Networks, CEO Chen Says  BloombergJohn Chen, BlackBerry Ltd. chief executive officer, discusses data security risks with Bloomberg's Amanda Lang on "Bloomberg Markets." (Source: Bloomberg)
Government announces plans to regulate heat networks  NetworkThe government has announced plans to implement a heat network regulatory framework to support market growth and ensure customer protection. .
Edge-chips could render some networks unnecessary  Network WorldNeuristor circuits will perform super-edge computations similar to how the brain does them, reducing network loads and possibly making some networks ...
Accenture seals $31M deal for Australia's PrimeQ  Networks AsiaAccenture has finalised its acquisition of PrimeQ, in a $31 million deal designed to drive capabilities across the Oracle suite of technologies. The move comes ...
The road to 5G: the biggest news on next-gen mobile networks  The VergeCarriers around the world are preparing to move on from 4G LTE to 5G, the next era of mobile networking that promises ultra-fast data speeds and low latency ...
Arista Networks (ANET) Dips More Than Broader Markets: What You Should Know  Zacks.comIn the latest trading session, Arista Networks (ANET) closed at $229.12, marking a -0.28% move from the previous day.
O2 outage: 4G services fully restored as networking giant launches review  IT PROSwedish supplier Ericsson blamed for day-long data outage that saw up to 32 million unable to use mobile data.
Dense Air offers to extend reach of Aussie 5G networks  iTnewsDense Air, the only surprise bidder in Australia's recent 3.6GHz spectrum auction, says it will launch a wholesale *service* that carriers can use to extend the ...
Disney Roundup: Disney World bus crash… Fox regional sports networks sale… Major box-office milestone  L.A. BizFifteen people have been taken to a hospital with minor injuries after two buses collided at Walt Disney World. Here's more on this and other recent stories on ...
Infinera Expands Open Optical Networking Capabilities Nasdaq:INFN  GlobeNewswireBest-in-class Infinera Groove G30 Network Disaggregation Platform Offers New Capabilities to Enhance Optical Network Efficiency, Reliability and Flexibility.
LiFi technology sends broadband data through light  Networks AsiaLiFi is a two-way, high-speed wireless technology similar to WiFi but uses light waves instead of radio waves to transmit data.
Experts discuss latest electricity networks at Saudi conference  Trade ArabiaExperts, researchers and academics in the electricity industry are discussing latest systems and developments at the ongoing 8th Saudi Arabia Smart Grid ...
NGage Technology co-founder Jarrod Bloomfield exits as Cirrus Networks executive  CRN AustraliaCirrus Networks enterprise sales executive Jarrod Bloomfield has stepped down from the company, 18 months after it acquired the business he co-founded s...
Katz Networks Plans to Relaunch Court TV  Broadcasting & CableKatz Networks said it plans to relaunch crime and trial based Court TV as a 24-hour channel.
'Dense sexual networks' behind high HIV rates of gay black men, study finds  NBCNews.comBlack men who have sex with men have higher HIV rates, despite less high-risk sexual activities. New research shows sexual networks are largely responsible.
Liberal Media Scream: Together now, networks preach 'impeachment'  Washington ExaminerThis week's Liberal Media Scream features the media jumping on the impeachment bandwagon, with CBS and ABC leading the way, even in their intros.
Heat networks: the experiences of consumers and operators  GOV.UKThis report includes findings from a research project commissioned by BEIS into the experiences of consumers and operators of heat networks. The research ...
What is CNAB? Inside Docker and Microsoft's new open source standard  Networks AsiaDocker and Microsoft are making a joint bid for what they hope will be a "universal standard" to significantly simplify distributed computing as well as setting up a ...
Little-known among consumers, Huawei has high profile in Canadian tech networks  CityNews VancouverTORONTO — Before the arrest of Huawei Technologies' chief financial officer Meng Wanzhou in Vancouver last weekend, the Chinese company wasn't a ...
US mobile networks fear possible order to rip out Huawei equipment  MyBroadbandSome small U.S. phone companies fear they'll be forced to rip out network equipment made by Huawei Technologies Co. as tensions rise following the arrest of ...
Is Aerohive Networks, Inc. (NYSE:HIVE) A Volatile Stock?  Simply Wall StAnyone researching Aerohive Networks, Inc. (NYSE:HIVE) might want to consider the historical volatility of the share price. Volatility is considered to be a ...
Heat networks: developing a market framework  GOV.UKThe government priorities for a long-term market framework that will drive investment in heat networks, ensure consumers are adequately protected and support ...
Mobile Networks Shutdown: a Sign of What's to Come?  EE TimesAn expired software certificate seems to have caused a shutdown in mobile networks in the UK and Japan last week, causing significant disruption. Is this a sign ...

Work that Room, Baby!

Networking, schmoozing, making connections. Call it what you want, it's... Read More

You MUST Be Visible

Have you ever noticed how visible large corporations are? Take... Read More

The Foundation of Networking: Its Not Rocket Science

Commandment 1LoveWhen we choose to simply love, our giving and... Read More

10 Effective Ways to Remember Names

Sigmund Freud says "a person's name is the single context... Read More

How to Organize a Successful Bad Sweater Party

"Hey Scott, would you like to go to a Bad... Read More

How to Generate More Business by Telling People What You Do

What do you tell people when asked what you do?... Read More

What a Leads Exchange Group can do for You

What is the definition of a leads exchange and how... Read More

The Secrets of Effective Networking

Before we talk about specific networking tips I want to... Read More

Mother Said - Wash Your Hands

Think health articles are boring? This one isn't, so read... Read More

Savvy Networking: Grow Your Business and Your Career

Did you know that contacts are the bread of career... Read More

The 7 Habits of Highly Horrible Networkers

Networking is a term that didn't exist (academically) until almost... Read More

Did You Market Yourself Today?

"If you build a better mouse trap - the world... Read More

34 Power Affirmations for Networking with the Affluent

Here are 34 affirmations I have created after studying the... Read More

The Secrets to Networking Success

Recently I was interviewed for a book on networking. My... Read More

Lesson 61 - When Does Aggressiveness Turn Into Annoyance?

The StoryWhen attending conferences, conventions, or private events, it's guaranteed... Read More

Alcohol & Events

Many people associate alcohol with relaxation and fun, so it... Read More

Land the Ideal Job Using Social Networks

With at least 60% of job-seekers finding employment through networking,... Read More

Four Brainless Self-Promotion Techniques To Avoid

Many workers think that their hard work will speak for... Read More

Are You in the Relationship Business?

Are you in the relationship business? Of course you are.... Read More

Are You Leveraging Your Business Network?

Just yesterday I received an email from a colleague telling... Read More

Who Are You and What The Heck Do You Do?

A few years ago, I was attending a family function... Read More

Sharpen Your Business Networking Skill To Grow Your Small Business

Most people become lax at maintaining their professional business network... Read More

Sticky Situations: Nametag Best Practices

Because a person's name is the single context of human... Read More

The 4 Attitudes of Awesome Hospitality

Hospitality relates to the Latin term philoxenia, or "the love... Read More

Networking - Facts to Ponder

Right here in Europe, the very last continent to enter... Read More