Controlling What You Can, During Any Challenging Time
“I can’t believe this damn pandemic happened.” “Why me, why now and why my business?” “How it’s impacting my business is not fair!” And on and on. As the pandemic shut down businesses, brought the economy to a halt and left many to panic, many of us probably allowed ourselves a quick pity party. It’s understandable – and OK – to wallow for a few days, but as a business owner, that’s all you get. Don’t feel so sorry for yourself that you waste time, energy and creativity you s
Fear Management for Franchisors
Fear Management is a must for any entrepreneur, but it’s especially important for a franchisor. When you are a business owner with one or a couple of locations, the success – or failure – of your business impacts you, your family, your employees, their families and your community. But when you are leading a franchise system, the impact of your decisions – and your success or failure – is exponentially greater. The stakes are higher, and your franchisees depend on you to help
Clarity is Essential to Franchise Your Business
If you’re thinking about franchising your business, you probably have a lot of questions and concerns, but deciding to franchise your profitable small business isn’t that different than any other decision you make in business or in life. The principles are the same – you have to engage your head and your heart and then take massive action each and every day, even after you’ve met your initial goal. But there is one thing you absolutely have to have if you’re going to pursue f
Is It Time to Change Your Mental Channel?
There are lots of things you need to be successful, regardless of your industry, job or life goal, but there’s one element people tend to forget: MINDSET. Earl Nightingale, the father of personal development, said it best when he said “You become what you think about.” It may sound simple, but if you really take time to examine this statement, you’ll find that what you think about and what you say really can dictate your level of business and personal success, health, wealth
The Dog Wizard Buys Back Its Stock
At The Franchise Funding Group, we are always looking for the next exciting opportunity to help a small business owner turn their successful small business into a franchise or grow their existing small franchise. When the chance to work with The Dog Wizard Franchise® came up, we jumped at the opportunity. FFG is an investment and franchise-development company located in Cincinnati that helps entrepreneurs to scale their existing, proven and profitable businesses nationwide as
A Simple Guide to an FFG Partnership
Franchise Funding Group has received applications for all sorts of businesses from all across the United States, so how do we choose which businesses to help build into successful franchise systems? Franchise Funding Group President Dan Murphy recently presented the answer to this question to a group of senior finance majors as part of a capstone course at Xavier University in Cincinnati, Ohio. He used the acronym FRANCHISOR as a guideline: F: Financially sound with a proven
Trust Yourself and Take a Chance
If you’re waiting for the perfect time to open your own business, expand your existing business or franchise your existing business, you’ll be waiting forever. For most of us, those “perfect conditions” never come along. There will always be something holding you back – some excuse why today isn’t the best day – and life is too short for that. You can’t postpone your dreams because things aren’t perfect. There are great opportunities in good times and in bad times, but to liv
Entrepreneurs: Break Through Your Barriers
At Franchise Funding Group, we are lucky enough to network with some amazing business owners – innovative entrepreneurs who are committed to growth – but many of them are limited and trapped by their own mental barriers and excuses they’ve created over the years. It’s disappointing that, in many situations, a great business opportunity is missed because the owner is frozen in a state of fear, uncertainty and doubts. So we’ve been thinking… are their mental demons and challeng
