Business Mentor

What factors should I consider when making decisions for my family business? Hey everyone! Have you ever found yourself asking, "What should I really focus on when making key decisions for my family business?" If so, you're not alone. Let's dive into this critical topic! First and foremost, the #1 factor is considering the benefit for the family. You've got to

How can I overcome my fear of stepping out of my comfort zone through franchising? Hey there, aspiring entrepreneurs! It's Butch Bartolome here with some words of encouragement and advice for those of you looking to expand your horizons through franchising. Do you want to grow your business? It's a crucial question, and if the answer is yes, it's time to shake off that

Why does it take an entrepreneur so long to decide if franchising the business is the right strategy? Hey, how are you today? This is Butz Bartolome, and here's one very, very interesting question. Why does it take an entrepreneur so long to decide if franchising the business is the right strategy? You know, it's very, very common. I've seen a lot of entrepreneurs who

What are the risks involved in franchising? Hi, Butz Bartolome here, and the question is, what are the risks involved in franchising? You know, let's face it, in any business, there's always a risk; there's no guarantee. But when it comes to franchising, understanding the inherent risks is crucial before you dive in. I always emphasize to my clients the importance of kn

Can franchising provide stability and security to my 3-year-old business? Hello there, I'm Butz Bartolome, and I've been asked whether franchising can offer stability and security to a three-year-old business. Let's dive into this topic and explore the potential benefits. Franchising is a way to amplify the success of your business. With a proven concept in place, as se

Hi, how are you? Butz Bartolome is here. Today, we're diving into the complexities and potential risks of expanding a family business through franchising. As a franchise consultant with 33 years of experience, particularly with family businesses, I'm here to share some insights. The family business often begins with a spark of an idea, possibly from the first generation, an

Hi everyone! Butz Bartolome is here. Let's talk about stepping out of our comfort zones regarding financial planning and growth. It might seem scary, but there are several strategies that we can employ. First, embrace the power of education. Equip yourselves with the right tools and information about investment options, market trends, and risk management techniques. Continuous

How can market research assist in identifying growth opportunities for a 3-year-old business? Hi, Butz Bartolome is here. Today's topic? How market research can identify growth opportunities for a three-year-old business! Three years in, and you're nearing the finishing line—your business is almost ready to graduate! Here are some key insights from our discussion: 1️⃣

How can I ensure that the values and culture of my family business are maintained during expansion? Hello, friends! Butz Bartolome is here again. Today, I'd like to discuss a question many entrepreneurs often ask: how to maintain our family business's unique values and culture during expansion? It's a common concern, but fear not; I have some strategies for you. First,

Hi, Butz Bartolome is here. How's your day going? Well, let's talk about this strategy for expanding a family business. You know, we have gathered some of the tried and tested strategies, and I'd like to share this with you. So, number one is to embrace the power of storytelling. Family businesses have a unique advantage—an incredible story. We all have a story to tel