Posts

When is the right time to start hiring staff for your franchise?

Although owning a franchise is comparatively easier than starting your own business, it doesn’t mean you don’t require any effort and help. This means you can’t run your franchise business successfully alone. According to Jim Laganke, the president of a popular restaurant franchise in the United States “ Stewart’s All American , as your franchise business grows, you’ll need more employees to assist customers. However, most of the new franchisees have no idea when is the right time to hire help. They either hire a lot of staff members in the initial stage when there is no need or get help when it’s too late. If you’ve recently bought a franchise business, then hiring or managing employees might be a new and a bit difficult experience for you. Therefore, Jim Laganke is here to offer you guidance to know the right time to start hiring help for your franchise. Here’s when you should consider hiring help for your franchise business. You have more work than you can manage - Of course, duri
Post a Comment
Read more

Jim Laganke: Tips to determine the success of a franchise business in your city or town

Now that you’ve decided to buy a franchise business, you might have already shortlisted a few options to invest in. Maybe your preferred franchise business is well-established and gaining humongous success in other cities or towns. But it's not necessary that you will get the same response from your city as well, says Jim Laganke . This is why it is advisable to do some research work before signing any agreement papers. According to the owner of a famous restaurant chain, Stewart’s All American , in the US, you need to know what kind of businesses are there in your city and neighborhood. This will give you an idea of whether you’re investing your hard-earned money in the right place or not. Here are some of the things you need to consider to determine the viability of a franchise in your city. Does your city already have this type of franchises or independent businesses? Let’s understand this with an example. If you’re planning to invest in a coffee franchise, you need to know al
Post a Comment
Read more

New year resolutions for budding franchisees in 2020

2020 is around the corner, and it's that time again to make new resolutions. Most people might have already started preparing their things-to-do-list for the next year. These resolutions usually vary from getting fit to involving in a hobby and working hard. However, a lot of people might be thinking to quit their 9 to 5 jobs and shaping their careers in a different direction in the New Year. If you’re one of them, investing in a franchise business might be one of the best decisions. If you’ve already set up a franchise outlet or planning to open a new one in a few days, first of all, congratulations! Indeed, this is an exciting time in your life, but you can easily get caught up in daily errands. It’s a tradition to form resolutions before you begin a New Year, says Jim Laganke . Franchise owners are no exception. In fact, these resolutions will help your business grow better and gain more profit. Below Jim Laganke, the president at Stewart’s All American , explains some of the i
Post a Comment
Location: 340 Saw Mill Rd, West Haven, CT 06516, USA
Read more

Jim Laganke: Why is New York the best place to start a franchise business?

Image
Everyone should strive for new goals. It is one of the best ways to protect yourself from economic funk. Today, most people are looking for opportunities to be their own boss by starting a business. However, starting a business from scratch is not an easy task and it brings a considerable amount of risk. Therefore, a franchise business is the most suitable option for those who don’t want to do 9 to 5 jobs. But according to Jim Laganke , certain factors play an important role in the success of a franchise business. The place where you open a franchise is one of those. As per the Small Business Administration (SBA), NYC has  4 million small business employees and 2.1 million small-scale companies that make up more than half of the private workplace. The economy in New York takes the third position in the United States. Do you know even one of the leading food franchise business Stewart’s All American has an outlet in New York City? If you want to open a franchise business , below Jim
Post a Comment
Location: 340 Saw Mill Rd, West Haven, CT 06516, USA
Read more

Jim Laganke: Planning to buy a franchise next year? Here are things you must do

Most people think that opening a franchise business is an easy and safe option. Therefore, today, many aspiring entrepreneurs prefer buying a franchise than starting their own business, as it has fewer risks. However, running a franchise business is not that easy, says Jim Laganke , the owner of Stewart’s All American . Of course, you have an added advantage when you connect with a well-established brand name. To maintain the legacy of a franchise business, you require appropriate marketing plan, investment and many more. If you’re planning to buy a franchise in 2020, it’s the right time to get everything lined up so that it will be easier for you while purchasing a franchise. Here are the things you need to do right now! Get your finances ready - In most cases, people buying a franchise take out a loan to help their finances. So, it is important to be a good investment to a lender. Therefore, if you have some credit card debt, pay it off to increase your score, so that you will be q
Post a Comment
Read more

Jim Laganke : Common fears every new franchisee have while buying a franchise

Image
Owning a franchise is a rewarding venture, but it does come with some associated risks. As per the old saying, “good things don’t come easy.” This fits well here. According to the president of Stewart’s All American - a famous restaurant chain in the United States - Jim Laganke , most new franchisees worry about whether their franchise business will succeed or not. If you’re planning to buy a franchise and any worries have come to your mind, you’re not alone in this situation. In fact, it’s normal to have such thoughts while purchasing a franchise. For this reason, it is important to learn about the common fears you may experience so that you can continue your franchise ownership journey with gumption. Below Jim Laganke explains some of the most fears any new franchisee may experience and how to deal with them. Fear of going in debt - Buying a franchise requires a huge investment up front. This includes franchisor fees, rent, employees salaries, and other expenses. However, the init
Post a Comment
Read more

Jim Laganke: What type of support your franchisor can offer?

Well, the fate of a franchise business depends on the contribution of both franchisors and franchisees, says Jim Laganke . He is the president of a well-renowned American restaurant chain - “Stewart’s All American.” Being such an experienced person, it’s quite obvious that he has a lot of knowledge regarding food franchise. This means, Jim Laganke knows what is takes to make a food franchise business successful. If you’re planning to purchase a famous food franchise, it doesn’t mean you have to do nothing. In fact, you need to make constant efforts in making your franchise business grow better and increase ROI. Apart from this, your franchisor's contribution also plays an important role. However, with a number of franchise opportunities available today, it becomes a real task while making the right decision about the franchise business. So, now the question is how to narrow down your choices. If you’re a would-be franchisee, here are the things you should expect from your potenti
Post a Comment
Location: 340 Saw Mill Rd, West Haven, CT 06516, USA
Read more