Systemize Your Business for the Long Haul

Excerpt from Effortless Entrepreneur by Nick Friedman & Omar Soliman

Use a Franchise Model Even if You Don't Franchise!


Following a franchise model is an essential step for every business owner, whether you plan to franchise your business or not. The best way for any entrepreneur to make the final jump from working IN the business to working ON it is to organize it and set up systems as if you plan to franchise it.

This doesn't mean you will franchise your business. Franchising is great for some businesses but doesn't make sense for many others. Either way, going through the process of making it franchisable is the best way  to create systems that allow you to step outside the day-to-day operations of your business and deal with issues you'd rather focus on, without affecting productivity or profitability.

Having systems in place increases the value of your business and enables you to be replaceable, which adds to the appeal if you choose to sell it down the road.

Building systems for your business builds the value of your business!!


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