Business Growth: Strive for Competence
Los Angeles Lakers standout LeBron James could easily be deemed a success, in every sense of the word. He has fame and he certainly made a fortune in his seventeen years as a superstar in the National Basketball Association. Yet, there is still one thing that has eluded him for his entire career.
Avoiding Accidental Franchise Pitfalls
Most people think they know a “franchise” when they see one—McDonald’s, Subway, 7-Eleven, Anytime Fitness, to name a few. However, there are some franchise relationships that are not so obvious. Many business relationships, including those in manufacturing and distribution, could easily become “accidental” franchises if companies are not careful.