It goes without saying that maintaining a robust cash flow is critical for the ongoing success and profitability of your service-based franchise. Working capital allows your company to respond to business opportunities and client emergencies quickly and efficiently. Furthermore, a higher cash-to-rec...
Read moreWe live in an era of rapid technological innovation. The rise of mobile and internet technologies changed the way we socialize, shop, and even find true love. Of course, these technologies irrevocably changed the business world, too; outsourcing, easy access to global markets, and unprecedented leve...
Read moreMany service-based franchises make the majority of their money with one-off service calls. While there’s nothing inherently wrong with that, this model means that some franchises miss opportunities to build long-term client relationships that increase overall sales and revenue, without ever having...
Read moreIn the Internet Era, mobility is one of the keys to keeping your HVAC franchise relevant. More than ever, homeowners in need of HVAC services are researching and scheduling appointments on-the-go using mobile devices, and it only makes sense that franchise owners should take advantage of these same ...
Read more