Episode 129: 10th September 2020

Franchising for a living, Kimberlee Perry and the story of Bounce and The Four Fixations of a Brilliant Leader with a smattering of other news make the final edit this week.

There are some interesting statistics around franchising a business and this week we explore some of the reasons why, how and what your options might be if you choose either to buy into a franchise or if you want to franchise your existing business.

You can find out about what type of financial investment you might expect to make, take a view as to how long to invest for and get some ideas for which sector to choose here. And if you aren’t sure what you need to think about the NatWest have some pointers to consider.

In other news Tracy finds out that Microsoft 365 has added transcription software to their offering and shares details of a Small Business Leadership Programme which is being made available to SME’s post Covid 19. Heather finds some good news from the world of retail as Co-Op announce new store openings and Training Journal offers guidance on how to support staff through bereavement.

The discovery section this week is a book that Tracy and Heather have different views about. The Four Fixations of a Brilliant Leader  by Alan J Sears is available on Kindle  for £2.99. The book tells the story of a fictitious character, Julie Ann Johnson who steps up into a new role following the illness of her boss and we follow her journey through engaging, motivating and developing her staff to move the business forward.

And finally this week’s profile is of a lady who started her business with £200 and now runs a franchised global operation with 700 instructors and a turnover of over £3m. Kimberlee Perry founded Bouncefit Body Ltd in 2015 and hasn’t looked back.

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