For many, the thought of owning a franchise simply makes them feel secure and believe this is a guaranteed success. They believe that there is barely anything that could be easier and more rewarding than that! The sad fact is that nearly 40% of franchise businesses make no money or at best break even. Numerous [...]
A positive organizational culture is crucial to an organization’s success. Organizational culture is shaped by many factors, leadership chief among them. The values, vision and goals of your organization come from the top down. Management’s actions can encourage a quality culture that keeps employees happy, attracts new talent and builds an excellent job environment. Likewise, leaders may [...]
At both the Small Business Advisory Board and Devoted Enterprises, we have a passion for businesses and the success and work life balance of their owners. We have this passion because it became clear to us early on that the majority of businesses fail after they achieve that first level of success and growth. That seems so [...]
