Linked Local Network

Topic: Real estate practices for the Successful franchise. Guests: Elaine Vakalopoulos , Your Franchise Choice. Rich Lebrun , LeBrun Advisory Group Join host Ray Pillar, Owner of Molly Maid Aurora-Naperville, and co-host Fred McMurray of Mediavine Marketing, as they discuss the Pillars of running a successful franchise and interview franchise owners and experts. Listen live on Thursdays at 4:00pm Central time. Call in to comment. (323) 580-5755. [caption id="attachment_4434" align="alignleft" width="200"] Elaine Vakalopoulos[/caption] [caption id="attachment_4438" align="alignright" width="200"] Rich LeBrun[/caption]               Listen to past episodes

Topic: Spelling Success with the Franchise Dictionary Guests:  Jill Abrahamsen ,  Editor-in-Chief, Franchise Dictionary Magazine Join host Ray Pillar, Owner of Molly Maid Aurora-Naperville, and co-host Fred McMurray of Mediavine Marketing, as they discuss the Pillars of running a successful franchise and interview franchise owners and experts. Listen  live on Thursdays  at 4:00pm Central time. Call in to comment. (323) 580-5755. Listen to past  episodes

Topic: Canadian franchising vs USA franchising – How is franchising different? Guests: Marisa Allen, The Franchise Concierge and Faizun Kamal, UNCOMMON Franchise Consultant at The Franchise Consulting Company Join host Ray Pillar, Owner of Molly Maid Aurora-Naperville, and co-host Fred McMurray of Mediavine Marketing, as they discuss the Pillars of running a successful franchise and interview franchise owners and experts. Listen live on Thursdays at 4:00pm Central time. Call in to comment. (323) 580-5755. Listen to past episodes.

How do you know if your business concept is franchise-able? by Holly Ford Is your business concept franchise-able? I have found that most concepts are franchise-able. Creating a franchise-able business concept is a powerful tool in creating independent wealth. But there are definitely some things to be aware of as you move forward.  But without certain critical assessments, a detailed plan for development, and a strong, long-term vision, sustainability can suffer. A solid concept will have Differentiation. This can come in the form of a truly unique concept, exceptional management experience, a strong ROI, or even touting an ‘at-home’ low investment advantage. The concept must be Replicable with detailed systems and procedures in place that have the ability to translate operational expertise to a new owner in less than 3 months. A powerful concept, most essentially, must have Unit Profitability. The concept should bring a cash on cash ROI (akin to the concept of a dividend return) of 1