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Add You - 10 Easy Ways To Scam Prospective Franchisees - A Franchisors Guide
Case Studies can help professional service providers build trust and credibility with clients and prospects. When you are working with intangibles such as services it hard to prove what you can do and why you are the best person to provide the services that your prospective clients need. Case studies can help you shine and prove your worth to pot
5) Ensure that the current franchisees know that they’ll be sued for breach if they don’t toe the corporate line when approache
Many business owners try to finance their growing businesses by going to venture capital or angel funding groups. Although both financing options provide a great way to finance a business, they are usually hard to qualify for. And furthermore, they all require that you give up some business equity in exchange for funds. That, needless to say, ca
2) Use the old sales trick of creating artificial demand to get them to sign up. You know – the territory they are interested in is likely to be sold to someone else soon. Grab it now before it’s gone.
3) Oversell the income potential of the franchise. Use the standard way of showing income potential in your prospectus that doesn’t match up to reality. Trust that the possible franchisee will be too well-mannered to actually ask the current franchisees what they earn.
4) Point the possible franchisee at your stooge or ‘pet’ franchisee when they ask to speak to a current franchisee. Try to avoid giving them a full franchise list, or if you have to, make it difficult for them to contact all the franchisees
5) Ensure that the current franchisees know that they’ll be sued for breach if they don’t toe the corporate line when approached
In the urge to find more challenging and high paying jobs, this young generation is going behind some fields which are unknown to them. However, some of these youngsters are coming out with great success and others are becoming losers in the war of life. But, interesting point here is, only 2%-3% are succeeding. So, the question is whether to go
3) Oversell the income potential of the franchise. Use the standard way of showing income potential in your prospectus that doesn’t match up to reality. Trust that the possible franchisee will be too well-mannered to actually ask the current franchisees what they earn.
4) Point the possible franchisee at your stooge or ‘pet’ franchisee when they ask to speak to a current franchisee. Try to avoid giving them a full franchise list, or if you have to, make it difficult for them to contact all the franchisees
5) Ensure that the current franchisees know that they’ll be sued for breach if they don’t toe the corporate line when approache
In the concept of Franchising the World, we will need to sign up nations. Some believe that we need to set up a marketing and sales department. A marketing department to alert the world of the benefits yes, but a sales department no, not really; you see; My strategy is to not sell franchises.Instead allow other Third Worlds to ask to join.
4) Point the possible franchisee at your stooge or ‘pet’ franchisee when they ask to speak to a current franchisee. Try to avoid giving them a full franchise list, or if you have to, make it difficult for them to contact all the franchisees
5) Ensure that the current franchisees know that they’ll be sued for breach if they don’t toe the corporate line when approache
The specific, considered and most targeted answer in the task of reaching and encapsulating the vastly diverse audiences that exist in the great market-place of the world is a difficult one. To a certain degree the concept of being able to direct communications to a specific audience is an extremely effective and optimum form of conveying a messa
4) Point the possible franchisee at your stooge or ‘pet’ franchisee when they ask to speak to a current franchisee. Try to avoid giving them a full franchise list, or if you have to, make it difficult for them to contact all the franchisees
5) Ensure that the current franchisees know that they’ll be sued for breach if they don’t toe the corporate line when approache
Pie Cutters and Pie BakersThere are two types of political leaders: pie cutters and pie bakers. Pie cutters attain and maintain power by slicing the economic pie to placate opponents and reward friends. Pie bakers focus on making the economic pie larger so that the whole country moves forward.Indonesia’s President Yudhoyono,
5) Ensure that the current franchisees know that they’ll be sued for breach if they don’t toe the corporate line when approached by prospects.
6) Make sure that the franchise fee structure is as difficult to follow as possible. Keep a few stingers in the background, like a structure that operates on a ratchet effect. When turnover reaches a certain level the fixed fee goes up, but can’t go back down again even if turnover falls. After that point it doesn’t matter how badly they do – you still get your income! Neat!
7) Keep your subscription up to all the franchise associations. Franchise buyers place an absurd level of trust in the fact that you are a member. They don’t realise how easy it is to get in and how conveniently hard it is to get thrown out.
8) Dress your prospectus up to look as professional as possible. Remember a glossy magazine creates the impression of a huge support network and great wealth. Just what you want those franchis
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