Junk franchise primed for growth Brian Scudamore looks to replicate the success of his 1-800-GOTJUNK franchise in the painting business By Derek Sankey, Financial Post November 1, 2011 Brian Scudamore, left, and Jim Bodden hope to capitalize on the system that worked for Scudamore’s $100-million 1-800-GOTJUNK franchise …
What changed? After all, New Zealand has probably the biggest talent pool of rugby players in the world. Yet they failed for 24 years.
The “Blacks” approach was simple, and is instructive in how to create high performance.
This is the first in a series of a three part article on Web Analytics as part of our Digital Marketing information. These articles provide an Executive Summary on the “what and how” basics of Web Analytics as a demystifying starting point for those who are thinking about or starting into web analytics, are reviewing consulting proposals or need a quick “Show me the Money” refresher and reminder.
The current financial crisis is confronting business leaders with a fresh set of challenges and risks as they seek to balance short-term actions and staying afloat with decisions relating to Succession planning and Exit strategies. Unfortunately short- termism is unavoidable, and many have postponed planning for the longer term.
The CFIB recently reported on business confidence figures, and this has shown a big dip to its lowest level in 6 months. Still 66.9% of Executives expect their performance to be stronger in the next year. However, a sizable 33% have negative opinions and these companies will be behaving in different ways to the positive group.
Plutus Consulting Group’s Peter Thompson was an expert panelist on the Rogers TV program “In Business” aired in June 2011. Joining Peter is fellow expert Pete M. Crouse – President/CEO Pop-A-Lock Canada.
Together they discussed the practicalities of starting up a franchise, from the perspective of both potential franchisor and potential franchisee.
The best leadership is no longer about telling, about exercising power. It’s about helping shape meaning, purpose, direction and method of getting to the goal. It’s an agreement between people. And, as Byron said, “leaders are led as much as leading”.
Typically many small or medium sized businesses do not have a marketing department. That in itself is not necessarily a material gap in the strength of organization, or its structure. Often the Owner or President takes responsibility for creating and developing the corporate entity as a brand.
“The Diffusion of Innovation”, a book by Everett Rogers, published in 1962 describes classifications of groups of people and how ideas and innovations are spread in society.
Rogers was a leading academic and sociologist, and in his work he considered that there are 5 types of individuals, who behave quite differently when faced with change.
The biggest issue that most privately owned enterprises, large or small, have is money – or specifically insufficient capital. In normal times its wise to have at least three times what they think they’ll need to weather pressures on cash flow. In a downswing, managing cash is the #1 priority.