moonchild
VIP Contributor
The best way to manage a franchise business is to create a commission based franchise which is basically giving yourself a percentage for every profit they make this will keep you dialed in the business and pay more attention to what is really happening.
Most people give out franchises as a one time price the problem of this is, the partner may end up doing whatever they want and this can tremendously hurt the business and your brand as a business owner, commission is an incentive to keep you working hard in maintaining consistency in your business, I hope this helps.
Most people give out franchises as a one time price the problem of this is, the partner may end up doing whatever they want and this can tremendously hurt the business and your brand as a business owner, commission is an incentive to keep you working hard in maintaining consistency in your business, I hope this helps.
