We have been open for nearly a month at our new location in Sioux Falls, South Dakota. The community has been great and we have met lots of wonderful new Monkey Bizness customers along the way. Businesses like Monkey Bizness are always fun to introduce to new communities. The reaction and reception we get always makes us feel welcome and …
A New Addition to the Monkey Bizness Team
Monkey Bizness Franchising is excited to announce a new addition to our team. Dacia Henshaw is joining us as our new Director of Operations. Dacia brings both personal expierience with Monkey Bizness as well as great industry experience as we continue to grow. Learn more about Daia Isn’t it amazing how life comes full circle? It was 8 years ago this April …
Four Important Store Level KPIs
Many small business owners struggle to determine what metrics really give them an indication of whether their business is achieving its’ objectives. Quite frankly, discussions around key performance indicators (KPIs) can be pretty scary for people who are not financially inclined. At Monkey Bizness, I consider KPIs the brains behind what we do. I like to tell people, “we aren’t …
Refining a Franchise Model
Monkey Bizness has always been that cool uncle, that has crazy hair that you always have fun with. Well, we still want our customers to have fun, but this crazy uncle is going to comb his hair and maybe get a new buttoned up shirt….. We are proud to announce that Monkey Bizness is taking the best of our old …
More Isn’t Always Better
They call us family entertainment centers, or “FECs”. That is the designation they use when they lump centers such as Monkey Bizness, roller skating rinks, rock climbing centers, and ropes courses together. Our specific corner of this is kid’s indoor play centers. This is the part where I would usually go through a history lesson and tell you where the …
Numerators and Denominators of ROI
When I talk with prospective franchisees one of the first questions they ask (and rightfully so) has to do with what will their return on investment (ROI) be. That’s a hard question to answer because it depends on so many factors that are different between each owner and their specific situation. As the owner of two stores, my ROI might …
What’s New at Monkey Bizness?
If you haven’t heard by now, Monkey Bizness Franchising is under new ownership for the past year now. The new owner, Matt Krieger, has been 100% invested in improving and strengthening the brand, as well as the services offered to all franchisees. Having 3 children of his own, they have been going to open play and birthday parties for years, …
Franchising with a Dose of Reality
It’s been almost 18 months since I purchased Monkey Bizness – both the franchise and a couple of our locations – and the observations and learning that happens regularly amazes me. My ideas of what a franchise is, and who the perfect owners should be in our system continues to evolve. At the end of the day, franchising is an …
How to Sell a Birthday Party
“We open the doors and people come.” I have heard that saying from some of my franchisees and franchisees of similar concepts to Monkey Bizness. While there is no doubt that this business will draw people in purely because their kids will enjoy the environment, imagine the power you could harness by putting sales systems in place on top of …
Item 19’s Are Important, But Not More than Your Research
It’s been one year since I purchased and have been the franchisor of the Monkey Bizness concept. One of the biggest benefits I have seen from this venture is that I get to network with many other aspiring entrepreneurs not just about franchising with us, but about what their ambitions and goals are. Inevitably, one focus of this conversation is …
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