Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/a26f9f83/public_html/articles/includes/config.php on line 159
Franchisees Should Learn From Each Other > NetSparsh - Viral Content you Love & Share

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:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Forbes

When You Can't Find The Right Networking Group, Start One Of Your Own
Forbes
Networking can be the most effective way of making valuable business contacts and sharing ideas with other founders. It can also help you meet new people and advance your career. There are plenty of groups around, but finding one that meets your needs ...


Communications Service Providers Overwhelmingly Confident in Open Source Networking Solutions, Survey Finds
Longview News-Journal
AMSTERDAM, Sept. 25, 2018 /PRNewswire/ -- Open Networking Summit Europe -- The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced the results of an industry survey to gauge industry ...

and more »

Forbes

How Much Networking Does It Really Take To Land A Job?
Forbes
What's the best way to set goals to measure progress in a career change / job hunt? Or to put it another way, how many outreach efforts (networking encounters, job applications, etc.) are typically necessary in a given week or month to achieve desired ...


Network World

Intel makes a play for high-speed fiber networking for data centers
Network World
Intel is revamping its strategy around the data center by going beyond the Xeon chip and into silicon photonics transceivers. The company announced Monday at the European Conference on Optical Communications (ECOC) that samples of its silicon ...
Source Photonics Calls for Incredible Potential of 5G to Be Matched by Mobile Network ArchitectureBusiness Wire

all 53 news articles »

The Sydney Morning Herald

Power comes from networking
The Sydney Morning Herald
Cascading water flowed from the mouths of stone lions, tumbled over a series of ledges fringed with bright tropical flowers and ferns, finally trickling gently into a huge pool. Because it was early evening a couple of hundred flickering candles had ...

and more »

LF Networking Unites End-to-End Open Network Stack, Simplifies Open Source Software Consumption
PR Newswire (press release)
LFN's 100+ member organizations, which now enable close to 70 percent of the world's mobile subscribers, represent all aspects of the networking industry working together across the entire network stack. The latest cross-project initiatives and ...


Squamish Chief

COLUMN: Networking without fear
Squamish Chief
So much of success is still based on who you know – I didn't truly grasp this until my 30s and avoided networking like the plague. In an article for Business in Vancouver last year, I confessed my “dirty little secret” that I was the “ultimate impostor ...


Business Wire (press release)

Arista Extends Hybrid Cloud Networking Solution for Microsoft Azure Stack
Odessa American
BUSINESS WIRE)--Sep 25, 2018--Microsoft Ignite 2018, Booth 213 --Arista Networks (NYSE:ANET) today announced that the Arista Any Cloud™ software platform is now supported in Microsoft Azure Stack. At the core of the Arista Any Cloud platform is the ...
Riverbed to Highlight Next-Gen Cloud Networking, Edge and Digital Experience Management Solutions at Microsoft ...Business Wire (press release)

all 249 news articles »

Sensors Online

Sensors Midwest 2018: Mesh Networking Foresees A Seamlessly Connected World
Sensors Online
Mesh networks rely on interconnected nodes that independently communicate with one another. They transmit data back and forth and not one node has prominence in any transmission, meaning every node is working in the transfer of information.


The Haddonfield Sun (press release) (blog)

Partnership for Haddonfield announces networking opportunity
The Haddonfield Sun (press release) (blog)
The Haddonfield Professionals Committee of the Partnership for Haddonfield (PfH) will host an evening networking event from 5:30 p.m. to 8 p.m. on Thursday, Oct. 4 at Dr. Amy James & Associates Orthodontists, 136 N. Haddon Avenue in Haddonfield.

Google News

Lessons from the Wedding Mafia

One of my clients shared a story with me from... Read More

Strategic Networking: Take the Shortest Path to Success

Do you use Ryze or LinkedIn to promote your web... Read More

Who Are You and What The Heck Do You Do?

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

Networking for Wallflowers: How to Profit from Getting into the Crowd

The two most common complaints about networking are: 1) I... Read More

Ten Simple Steps to More Customers with Better Networking

Networking is a great way to meet people in a... Read More

Networking - Facts to Ponder

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

Lesson 69 - When Networking Events Fail

The StoryIn a quest to create strategic alliances, coalitions, and... Read More

Mobile Car Wash Companies; Trading Tips

If you run a mobile car washing firm we recommend... Read More

Two-Step Your Communication

Ever use someone else to get your message out?For example,... Read More

Giving the Gift of Your Name (The Networking Factor)

Although, this is about giving the gift of your name... Read More

Value-Added Network

A value-added network can be achieved through explicit actions to... Read More

How to Avoid Falling Asleep Behind the Conversational Wheel

Think about the last time you feel asleep behind the... Read More

Social Networking: A Link To Like Minds

Not all dot-com dreams died when the Internet stock bubble... Read More

How Speakers, Exhibitors, Consultants, and Meeting Planners Partner-Generate More Money and Value

? "Make Every Moment Count" is the title of a... Read More

The Anatomy of a Brain Cramp; The Retainer and the Lavalava - Communication

In life, you have to successfully work with people to... Read More

Communication Is A 2-Way Street (The Networking Factor)

The Personal Touch 1There is a simple art to networking... Read More

Youve Got Personality, Use It!

For the self employed professional, nothing is more important than... Read More

Real Business Networking Doesnt Happen at Networking Events

Real networking isn't about handing out business cards at a... 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

The Promotion Factor: Seven Strategies to Promote Yourself and Your Business by Playing Golf

Effective business promotion is more powerful than advertising. Using golf... Read More

How to Shmooze

Definition: talk idly or casually in a friendly way Value:... Read More

The 4 Attitudes of Awesome Hospitality

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

Networking in the Change Room: 5 Ways to Network Effectively While Getting Undressed

There's a time and place to network with people in... Read More

Acknowledging Referrals! What?s in It For You?

I grew up in a household where saying thank you... Read More

Have We Met Before? What to Do When You Cant Remember Who Yourre Talking To

You see him from across the room. You know him,... Read More