ATS Episode 23: Is franchising a good model to look at for your business.

August 2, 2016 — by Admin
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Are you concerned whether franchising your business will be a good model to look at? Marina Passalaris of ‘Beautiful Minds Australia’ sat down with John Hagerty and Joven Demonteverde of the Be Business ‘Ask the Strategist’ team to discuss it.

Background to Marina’s question:

  • Life skill programs for teenage girls aged 11-17
  • 60 educators in her business
  • Her concern is her business brand and quality

Marina is contemplating whether she should franchise her business and will it negatively effect the quality and control of her brand. John and Joven provide her with the appropriate strategic advice that will allow her to come to a final decision.

Different Discussion topics included:

  • Franchises and the different aspects of a franchise
  • Business model
  • RTO’s

After John and Joven provided her with a diverse amount of strategic advice, Marina was content and focused on reaching a final decision in regards to her business. When asked if her question was state, “yes it was, thank you both very much for your time.”

Filed Under: Ask the Strategist, Growth Strategies