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The Future is Now: How AI is Transforming Franchising
The Future is Now: How AI is Transforming Franchising by Seth Lederman Artificial Intelligence (AI) is no longer a distant dream; it is rapidly becoming a cornerstone of most businesses, including franchising. From enhancing customer experiences to streamlining...
21st Century Digital Franchising
21st Century Digital Franchising by Seth Lederman Digital marketing is transforming the franchising landscape.Historically, franchising has relied on local marketing, face-to-face interactions, and word-of-mouth. But thanks to the digital age, a seismic shift is...
Franchises: How to best use AI
Franchises: How to best use AI by Seth Lederman The U.S. is home to more than 3,000 unique franchises. Every 8 minutes, a new franchise opens. Obviously, franchising is a popular business model that offers entrepreneurs a proven blueprint for success. However, as...
Inflation and Franchising
Inflation and Franchising by Seth Lederman Nobody likes inflation, but franchisees in particular have been struggling with the rate increases over the last several years. On the franchisor side, many have concerns with their ability to meet their franchise growth...
Responsible Franchising: Ensuring Ethical Practices in the Industry
Responsible Franchising: Ensuring Ethical Practices in the Industry by Seth Lederman Franchising has long been a popular method for expanding businesses, allowing entrepreneurs to own and operate their establishments under a recognized brand. With approximately...
Five Steps to Avoid a Bad Franchise
Five Steps to Avoid a Bad Franchise by Seth Lederman Like everything in life, the world of franchising has good and bad aspects. Reckless franchisors can wreak havoc on the lives of franchisees in various ways, potentially leading to financial ruin, emotional...
Think Small. Make It Big.
Think Small. Make It Big. by Seth Lederman Most people know the idiom, “good things come in small packages.” This common phrase reminds us that something small can be just as valuable, impressive, or impactful as larger things. How does this fit into the world of...
Franchising and the Noncompete Rule
Franchising and the Noncompete Rule How does this latest rule affect franchising? by Seth Lederman Legal rules abound in franchising. Navigating them can be a headache for franchisors and franchisees. While the goal is to ensure compliance and protect the interests of...
Empowering Minorities
Empowering Minorities Exploring the Advantages and Challenges of Franchising by Seth Lederman February was Black History Month, followed by Women’s History Month in March. Coming off these two periods devoted to minorities, it seemed an ideal time to look at the...
DISCOVER A BETTER WAY TO EARN WHILE LIVING
Profits are Better Than Wages
In “Profits are Better Than Wages”, experienced franchise advisor, Seth Lederman answers the “how” and “why” of going into business for yourself.
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