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When Net Worth Is Important to a Franchisor and How To Overcome It
A prospective franchisee’s application will depend considerably on his net worth. While it is a must, real good franchisor make an exception for the candidates who have other skills such as experience in the field of management or clean credit history. Franchisors that put net worth as the first criteria of selection often end up taking in bad candidates.

Other management backgrounds Related Articles

Who Stands Out? by Robin J Elliott
When you look back on your week, which people stand out in your memory? What is it that these people from such diverse backgrounds do, that sets them apart from thousands of others? How do they manage to get and keep your attention and loyalty?

PROGRAM MANAGEMENT PLANNING
Effective and efficient management of a contract is critical to its success. In addition, management methodology should be based on a clear understanding of the client’s requirements and past experience. Proactive management, direction, control, and motivation of project personnel are the cornerstones of successful management plans.
Presenting Presentations
So, You want presentations to look good? And what's wrong with blue backgrounds anyway?...
Mentoring is Good For You
SME businesses have gaps in their critical skills. They run on sparse resources (people, time and finance) all focused on lots of operational details and red tape. In addition this focus is skewed by personal passions or backgrounds. What they need is a mentor!
How to become a “roving sales leader”
Management By Walking Around (MBWA) took the management world by storm in the 80’s. The author of this ground-breaking management theory was Tom Peters. He was immediately hailed as a “leadership genius” and touted as “one of the top management gurus to come along in over a century”. It really wasn’t that big of a deal. MBWA is really just common sense…

5 traits of a successful entrepreneur
Entrepreneurs come in all shapes and sizes including diverse social, economic and education backgrounds. There is no “guaranteed” path to being a successful entrepreneur but this article suggests there are five traits they generally have in common.
Best Ideas For Home-based Business For Everyone
Home-based business need not be expensive to make it up and running. Some do not require full attention; while others do not need business permits. Still there are few that rely much on one’s ability to establish rapport with people of different cultural and educational backgrounds.
Performance Management
A relatively new management buzz phrase, performance management, has been gaining popularity recently. Management, particularly sales management, has always been about getting results so clearly whatever sales managers have been doing prior to the emergence of this new concept should also be known as performance management. The article explains the tasks required to maximize performance.
All I Want is an Extra Month
How many times have you caught yourself saying, “I just don’t have the time?” Think for a moment about what you might be able to accomplish if you had a 13th month next year? Would that help you get more of the results you are looking for? Let’s take a look at “Time Management” and what that really means. We don’t need to learn how to manage time well. We need to learn how to manage ourselves well. Time management is personal management. Time management is life management. Each one of us has been given the same 24 hours in a day. Time management is what you do with the time you have been given.
To Grow Your Business, Surround Yourself with Experts: Charles Schwab
Throughout Charles Schwabl’s career he has always pulled together people with very, very different skills and a wide variety of backgrounds to compensate for his deficiencies. I asked him to share his strategy regarding the kind of people that he, as a leader, brings around him.

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