Articles
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1 month ago |
medium.com | Teri Gault
An Interview With Teri GaultTeri Gault·FollowPublished inAuthority Magazine·14 min read·--Pivot When You Need To — You can do all the research in the world, but not everything will work as anticipated. They say the definition of insanity is doing the same thing over and over and expecting different results. It’s true. If something is not working, pivot, change it up, and try new things. Again, there’s no one-size-fits-all for all services/products/brands/industries.
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1 month ago |
medium.com | Teri Gault
An Interview With Teri GaultTeri Gault·FollowPublished inAuthority Magazine·8 min read·--Finally, when you start franchising, you need to consider if the barrier to entry for your business is at the right level. If the barrier to entry is too high, your potential franchisees will get discouraged — if it’s too low, then you’re going to have a quality control problem on your hands.
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1 month ago |
medium.com | Teri Gault
An Interview With Teri GaultTeri Gault·FollowPublished inAuthority Magazine·7 min read·--Saying “no” is just as important as saying “yes.” Not every potential franchisee will be the right fit — and that’s okay. For franchising to work, alignment is key. It’s better to pass on a deal than force a partnership that won’t succeed long-term. The world of franchising offers a unique blend of entrepreneurship and established business models.
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1 month ago |
medium.com | Teri Gault
An Interview With Teri GaultTeri Gault·FollowPublished inAuthority Magazine·8 min read·--Franchising is a model that can yield success for someone with a solid work ethic and a practical mindset. Before moving forward with franchising, ensure that success is realistic for a broad range of people. The world of franchising offers a unique blend of entrepreneurship and established business models.
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2 months ago |
medium.com | Teri Gault
An Interview With Teri GaultTeri Gault·FollowPublished inAuthority Magazine·9 min read·--Find the right partners: From your franchisee partner to your restaurant operator, each decision can make or break your business. It is important to look for partners who align with your brand values and have an entrepreneurial outlook and a positive mindset. This will help ingrain the same passion and commitment to your franchisees that your brand began with.
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