ke up your rear end that really is how it goes. It is a war zone out there. Franchising is not like the old "Grinding it Out Days" [Ray Kroc's book] and the "Franchising for Dummies" [Dave Thomas' book] theme any more. There are also bureaucrats out making a nuisance of themAny competent business advisor knows that the optimism of would be entrepreneurs can be a little overwhelming at times. Not long ago while doing a little business consulting online for a new franchisor contender, I had to laugh to myself a bit.

It is not that the gentleman did not know his business model, as he appeared to be confident and proficient. You see when it comes to Entrepreneurial Business Plan Proformas, it seems there needs to be a little bit of a Reality Check. I told him;

"Hey look, it's me you are talking too remember? It always costs every entrepreneur three times what they thought, twice as long to hit their numbers and so on."

Indeed that is the rule of thumb. Besides, I know what he is thinking here, you see I built my company from scratch too. Still by the time you are done building up a Franchising Company offering franchised units to the public you will have burned thru a million dollars by year three, whether you earn it and re-invest or have to take on partners, borrow or sell your soul to the VCs.

I am not going to blow smoke up your rear end that really is how it goes. It is a war zone out there. Franchising is not like the old "Grinding it Out Days" [Ray Kroc's book] and the "Franchising for Dummies" [Dave Thomas' book] theme any more. There are also bureaucrats out making a nuisance of them

man did not know his business model, as he appeared to be confident and proficient. You see when it comes to Entrepreneurial Business Plan Proformas, it seems there needs to be a little bit of a Reality Check. I told him;

"Hey look, it's me you are talking too remember? It always costs every entrepreneur three times what they thought, twice as long to hit their numbers and so on."

Indeed that is the rule of thumb. Besides, I know what he is thinking here, you see I built my company from scratch too. Still by the time you are done building up a Franchising Company offering franchised units to the public you will have burned thru a million dollars by year three, whether you earn it and re-invest or have to take on partners, borrow or sell your soul to the VCs.

I am not going to blow smoke up your rear end that really is how it goes. It is a war zone out there. Franchising is not like the old "Grinding it Out Days" [Ray Kroc's book] and the "Franchising for Dummies" [Dave Thomas' book] theme any more. There are also bureaucrats out making a nuisance of them

emember? It always costs every entrepreneur three times what they thought, twice as long to hit their numbers and so on."

Indeed that is the rule of thumb. Besides, I know what he is thinking here, you see I built my company from scratch too. Still by the time you are done building up a Franchising Company offering franchised units to the public you will have burned thru a million dollars by year three, whether you earn it and re-invest or have to take on partners, borrow or sell your soul to the VCs.

I am not going to blow smoke up your rear end that really is how it goes. It is a war zone out there. Franchising is not like the old "Grinding it Out Days" [Ray Kroc's book] and the "Franchising for Dummies" [Dave Thomas' book] theme any more. There are also bureaucrats out making a nuisance of them

ou are done building up a Franchising Company offering franchised units to the public you will have burned thru a million dollars by year three, whether you earn it and re-invest or have to take on partners, borrow or sell your soul to the VCs.

I am not going to blow smoke up your rear end that really is how it goes. It is a war zone out there. Franchising is not like the old "Grinding it Out Days" [Ray Kroc's book] and the "Franchising for Dummies" [Dave Thomas' book] theme any more. There are also bureaucrats out making a nuisance of them

ke up your rear end that really is how it goes. It is a war zone out there. Franchising is not like the old "Grinding it Out Days" [Ray Kroc's book] and the "Franchising for Dummies" [Dave Thomas' book] theme any more. There are also bureaucrats out making a nuisance of them selves and many of them unfortunately hate entrepreneurs. My thoughts are that sometimes I wonder if they ever stop to think who built, brought and sold everything they see, everywhere they go.

Franchising is not as easy as it looks, no businesses is. The moral of this story is that you need to take a more realistic look at the numbers you place in spread sheets and compile for your business plan.