Any Lab Test Now: The Rx for Franchisee Engagement
CASE STUDY: Learn how Any Lab Test Now implemented FBR's survey to increase response rates and, in turn, used the data to improve communication and franchisee engagement.
Franchise Business Review Names Nicole Dudley Director of Client Relations
Nicole Dudley, former Client Operations Manager, has been promoted to Director of Client Relations. In her newly expanded role, Nicole will continue to work to ensure clients’ research needs are met, as well as be responsible for helping to grow and oversee our customer service team and efforts, and support our clients and products as we grow.
What It Means to Be an FBR Award Winning Brand
Being named a 2021 Top Franchise is an objective, third-party endorsement of the franchise brands that have stepped up to provide EXCEPTIONAL support and leadership during the crises this year. Watch now to see what it means to be an FBR Franchisee Satisfaction Award Winner.
How to Plan a Year of Content Marketing [+ Free Template]
Free, customizable franchising calendar template to plan your content marketing strategy for the year and track key dates and franchising events.
21 Franchising Predictions for 2021
What does the future hold for franchising? We asked some of the thought leaders in franchising to look into their crystal balls and reveal their predictions for 2021.
Enforcing Compliance with System Standards While Maintaining Franchise Relations
Download key takeaways from the session, Enforcing Compliance with System Standards While Maintaining Franchise Relations, at the IFA's Emerging Franchisors Virtual Conference.
The Grinches In Your Franchise System
The shopping season has officially commenced, and whether you’re a Black Friday warrior or more of a last-minute, better-under-pressure shopper, the buying experience can fuel your holiday excitement or suck all the joy out of the process. The same goes for franchise candidates in the validation process. Get the intel you need to make the franchise buying experience something to celebrate.
The 50 Best Home-Based Franchise Businesses to Start in 2020
Fifty franchise brands were named in a newly released report from Franchise Business Review identifying the top home-based business opportunities with the highest franchisee satisfaction.
Franchise Business Plan eBook
As the franchising environment changes, now, more than ever, it's important to help franchisees create effective franchise business plans. This eBook equips you with everything you need to get started and provide proactive support.
Franchise Business Review Announces the Most Profitable Franchises of 2020
An independent survey of franchise owners by Franchise Business Review identified 35 franchise companies as stand outs for both strong financial performance and high franchisee satisfaction.
5 Must-Have Resources for Emerging Brands
Best practices from franchisors that are growing their brands strategically while maintaining a system of highly satisfied (and profitable) franchisees [...]
Survey: The 80 Best Franchise Opportunities for Veterans Based on Owner Satisfaction
Franchise Business Review’s independent survey of veteran franchise owners reveals 8 out of 10 would recommend their franchise system to others.
100 Companies Awarded Best Franchise Culture by Franchise Business Review
FBR's first-annual Culture100 list recognizes the 100 franchise brands with the best franchise culture based on ratings for leadership, mission, community, and overall franchisee satisfaction by their franchise owners.
Franchise Horror Stories: 5 Ways to Separate Your Brand From the (Scary) Headlines
With high-profile franchise systems making headlines for exploiting franchises with unfair and deceptive practices, how can brands that foster strong, supportive franchisor-franchisee relationships differentiate themselves? Here are five things you can do to set your brand apart.
Franchisors: The Parents Are Not Okay
Working parents are essentially juggling being the teacher, principal, custodian and lunch lady - in addition to their full-time jobs. Franchisors may not be able to alleviate the anxiety working parents are experiencing as the pandemic continues to wreak havoc on schedules and child care responsibilities, but here's what they can do to support them.
3 Reasons You Should Attend the 2020 MOD Conference
Michelle Rowan, president & COO of Franchise Business Review, is part of this year’s planning task force and the emcee for the Operations program at the IFA's Marketing, Operations & Development (MOD) Virtual Conference. She talked recently about the highlights of the event and what franchisors will take away.
Franchise Employee Culture in the New Normal
As the country continues to reopen or increase restrictions again amidst the ongoing pandemic, what are the big takeaways for franchise companies? FBR talks with franchisors two franchisors to learn how they responded, how they adapted their communication and culture while the country was mostly in lock down, and how employee engagement data can be used to improve employee relations as we move forward.
The 4 Most Important Things Franchise Leaders Can Do for Their Employees
What can franchise leaders do to keep employees engaged while the workplace and workspace continue to evolve through the pandemic? Learn the four things franchise franchise organizations should be doing for their employees to increase engagement in the COVID-19 world.
The ROI of Franchisee Satisfaction Surveys
Franchisee satisfaction is a primary indicator of long-term system growth and success in measuring the health of any franchise system, but if you're wondering what the ROI of franchisee satisfaction surveys is, read on for 8 ways you'll get a return on your investment of time and money - and drive franchise system growth.
The Top 50 Franchises for Women Identified by Franchise Business Review
See the latest list of the best franchises for women. Franchise Business Review surveyed over 7,700 female franchise owners representing 307 franchise brands to determine their satisfaction with owning their business and determined the 50 top franchises for women based on their feedback.
The 50 Best Franchises for Starting a Second Career, Based on Independent Research from Franchise Business Review
Franchise Business Review has published its first annual list of the best franchise opportunities for second careers. Over 11,000 franchisees who transitioned to franchise ownership rated their satisfaction with owning their brand to determine the top 50 franchises for senior professionals and pre-retirees.
The 100 Top-Rated Low-Cost Franchise Brands, According to Franchise Owners
Franchise Business Review's annual research on the best low-cost franchises reveals the Top 100 franchise brands you can buy for under $100,000, based on research from more than 9,000 franchise owners representing over 150 brands.
[email protected] Awards Entry Kit
Franchise Business Review's [email protected] Awards honor franchise companies that have created an outstanding workplace culture and that make employee engagement a top business priority. Download the official [email protected] Awards Entry Kit to find out how to qualify.
Disrupting the Lifecycle
Franchisee validation is a clear and measurable indicator of operational soundness; however, the typical franchisee lifecycle shows that a new franchisee’s satisfaction usually declines after a few years – which can negatively affect validation and franchise sales. Learn unique approaches franchisors are taking to mitigate or break the franchisee lifecycle and turn those programs (and their franchisees) into a development tool.
How Innovation Can Drive Sales and Profitability
In these live case studies, learn how forward-thinking brands are using operational innovation as a differentiator to bring in more candidates, award more franchises, and ultimately, drive unit-level profitability.
Bringing Your Ops and Development Stars into Alignment
Operations and development don’t always go hand in hand. In practice, however, these two functions need to be closely aligned to create a positive and profitable culture. This session brings together brand leaders from both sides of the house to share strategies and best practices for aligning their teams.
5 Operations Pitfalls That Are Stunting Your Franchise Growth
Leaders from five of the most experienced operations companies in franchising share the biggest operations pitfalls franchisors encounter - and what you can do about it to accelerate franchise growth.
Why Military Vets Are Starting Their Own Businesses in This Red-Hot Job Market
CNBC's latest story on military veterans highlights FBR data, which shows an 85% satisfaction rate among veterans who own a franchise (of the 29K franchise owners who were surveyed) — and, an average annual income of $94,244 (after two years).
More Women Are Embracing Franchise Business Ownership, But There’s More Work To Be Done
Over the past decade, the number of women venturing into franchise ownership has grown significantly, yet the earnings gap between men and women remains. Eric Stites writes for Forbes to explore what can be done to encourage and support female franchise business ownership.
Why Franchisee Satisfaction Is a Critical Element of Your Validation and Growth Strategy
FranNet hosts Franchise Business Review to help franchisors understand why franchisee satisfaction is a critical element of their validation and growth strategy. Hear from leading franchisors who are using franchisee satisfaction data to speed up the validation process and help brokers close more deals, faster.
Shifting Mindsets: The Role of Culture in Aligning Teams for Success
There’s a disconnect between the C-Suite and other corporate staff when it comes to their views on how aligned their operations and development teams are. This webinar explores the role culture plays in alignment and strategies for getting ALL teams on the same page.
2021 Franchising Editorial Calendar
Content marketing is a must for so many reasons - brand awareness, thought leadership, customer engagement, and of course, SEO. But without thoughtful advance planning, it can be challenging to keep all the moving parts of your content strategy on track. This free, customizable franchising editorial calendar will help you plan your content strategy for the year and keep track of key dates and events for pushing out your content.
Women Flock to Franchising
THe number of women in the franchise industry is soaring. As of May, women own or co-own 35% of the franchise outlets in the U.S.—around 265,000—according to Franchise Business Review's research.
2020 Franchise Hiring Guide
Top talent is getting harder to find and even harder to retain. If employee recruitment and retention are a concern for your franchise organization, this hiring guide is a must-read to make sure your hiring and retention strategies outperform other companies competing for the best employees.
Veterans and Franchising: A Five-Star Match
Veterans News Report covers the growing number of veterans turning to franchising and shares Franchise Business Review's list of the Top Franchises for Veterans.
5 Reasons Why Franchising Could Save Your Retirement Plans
Data from the Center of Retirement Research at Boston College indicates that the majority of Americans are grossly underfunded for retirement. Franchising could be the answer for people facing an uncertain financial future.
The 100 Most Innovative Franchises Announced by Franchise Business Review
Franchise Business Review analyzed research from over 25,000 franchisees at more than 250 brands to identify the Top 100 Most Innovative Franchises of 2019.
14 Senior Care Companies Rated Top Franchises by Franchise Business Review
Franchise Business Review released the list of the Top Senior Care Companies for 2019 based on 18 months of data from over 1,630 senior care franchise owners regarding their overall satisfaction with their brands and their likelihood to recommend them to others.
The Top 80 Franchises for Veterans Announced by Franchise Business Review
Franchise Business Review just announced the 2019 Top Franchises for Veterans. To identify the companies on the list, FBR analyzed 18 months of data from over 25,000 franchise owners, of which just over 10% were veterans, representing over 250 brands. Key findings revealed that eight out of 10 veteran franchise owners would recommend their franchise company to another franchise candidate.
Making Moves that Delight Customers and Franchisees
CASE STUDY: Learn how Two Men and a Truck uses a data-driven approach to providing top-notch franchisee support and, in turn, attracting high quality leads.
TWO MEN AND A TRUCK: Making Moves that Delight Customers and Franchisees
CASE STUDY: Learn how Two Men and a Truck uses a data-driven approach to providing top-notch franchisee support and, in turn, attracting high quality leads.
TWO MEN AND A TRUCK: Thinking Outside the (Moving) Box
Read this case study to see the creative approach the TWO MEN AND A TRUCK development team took to differentiate the brand, attract quality candidates, and accelerate the sales process.
15-Minute Franchise Crash Courses
Want to learn how some of the most successful companies in franchising achieving top performance? Watch these free franchise crash courses for practical tips and real-life examples you can easily implement in your own system.
Franchise Report Card
Franchise companies only achieve sustainable success and growth when their franchisees are satisfied with their performance. And the most satisfied franchisees feel that their franchisor is invested in their personal success. If you want to build a system where everyone wins, you need an action plan. That means understanding what you’re doing well and where you can improve. Start by downloading this free franchise report card to rate your system.
10 Low-Cost Franchises You Can Start with $15,000 or Less and Reap a Six-Figure Salary
CNBC partnered with Franchise Business Review to highlight award-winning brands in this feature on lucrative low-cost franchises.
How Three Franchise Experts Think You Should Spend Your Digital Marketing Budget in 2020
2019 Franchise Development Website Award judges and franchise experts Michelle Rowan, Thomas Scott and Stan Friedman share the best ways to optimize your digital audience, personality and budget.
Franchise Business Review Welcomes Jay Arbelo as Research Analyst
Franchise Business Review is pleased to welcome Jay Arbelo to its research team as a Research Analyst, along with additional investments in staff to accelerate research, client success, and marketing capabilities.
357 Franchise Field Audit Questions
Are you looking for inspiration on your field audit questions? Download FranchiseBlast's "357 franchise field audit questions" now including Customer Service, Marketing, Food Safety and Quality, Cleanliness and Management.
Franchise Business Review Announces Call for Entries for 2020 Franchisee Satisfaction Awards
Franchise Business Review announced the call for entries for the 2020 Franchisee Satisfaction Awards. Any franchise brand based in North America with 10 or more franchisees is invited to participate in our research to determine the annual list of the Top Franchises.
Women in Franchising 2019 Infographic
Franchise Business Review compiled survey feedback collected over 18 months from 8.,800 female franchisees representing 266 franchise brands. 88% of female franchisees say they enjoy operating their business. Learn what the data shows about flexibility, financial expectations, income, and more.
Beware the Talent Drain
In today’s ‘employees market’, the talent drain is a very real risk to franchises. Many franchisors and franchisees are struggling with recruiting and retention, trying to balance the need for competitive compensation and benefits, with rising costs in many other areas of the business.
8 Do’s and Don’ts for Writing Sponsored Content
Sponsored content can be a highly effective tactic to capture the attention and build awareness of your brand - when crafted effectively. If you’re thinking about adding it to your marketing strategy, follow these do’s and don’ts for writing sponsored content that performs well.
Innovation in Franchising: How Any Lab Test Now Is Seizing Opportunity in the Healthcare Sector
FBR sat down with Any Lab Test Now to talk about how they have seized a unique position in the healthcare consumerism sector and their approach to innovation in franchising, particularly when it comes to franchisee support.
Franchise Update Media Reveals 1st Franchise Innovation Awards Winners
Franchise Update Media's team of esteemed judges, including Franchise Business Review President & COO Michelle Rowan, announced the winners of the inaugural Franchise Innovation Awards, recognizing the best innovations in franchising in 2018.
How an Emphasis On Building Lasting Relationships Has Made Home Instead the #1 Senior Care Franchise
In this Interview with Jeff Huber, President & CEO of Home Instead Senior Care, he talks with FBR about the deeply personal experience that led to the inception of Home Instead and continues to guide their business philosophy.
9 Fitness Franchises Made Franchise Business Review’s Top 200 Best Franchises of 2019 List
This slideshow gallery from Club Industry highlights the nine award-winning fitness franchises that ranked highest in franchisee satisfaction and appeared on Franchise Business Review's annual list of the Top Franchises for 2019.
Got Satisfaction?
In the March edition of Franchising World Magazine, Franchise Business Review CEO Eric Stites analyzes the key findings of the [email protected] study and the risks that franchisors may be facing when it comes to attracting and retaining top employees.
10-Step Checklist to Becoming a Top Performing Franchise System
Foster high performance within your franchise with these 10 simple steps. Follow this checklist, commit to franchisee satisfaction and results will follow.
Record High Satisfaction for Franchise Business Owners
New research from Franchise Business Review indicates franchise business owners are satisfied and confident about growth. When it comes to the future outlook for their business, two-thirds (67%) rated their long-term growth opportunity as “very strong” or “strong,” while another 25 percent (25%) rated their long-term growth outlook as “moderate.” Just eight percent (8%) rated their long-term growth opportunity as “weak” or “very weak.”
Keys to Expanding Your Franchise
Think it may be time to expand your franchise? Thinking of adding locations, but not sure if it's attainable? Boss Magazine's latest article describes the safest and most effective ways to grow your franchise. Franchise Business Review CEO Eric Stites and others weigh in on the most appropriate time for expansion, as well as other useful tips for growing franchises.
2019 [email protected] Report
FBR's CEO and Managing Director Eric Stites details the findings of the groundbreaking [email protected] Employee Engagement and Compensation Study. Download now to get the report and access a 30-minute webinar explaining the results.
[email protected] Study Reveals Top Employee Talent May Be at Risk
Franchise Business Review recently conducted a first-of-its-kind study of corporate employees across the franchise sector in partnership with the International Franchise Association. The report reveals key trends around employee engagement and compensation and benefits among franchise professionals and where risks exist for franchise companies.
Franchise Business Review Announces Honorees of the 2019 [email protected] Awards
Franchise Business Review's [email protected] Awards recognize the franchise companies that are dedicated to creating a culture of employee engagement and satisfaction among their employees based on a survey of over 1,350 franchise professionals and 250 companies.
5 Inspirational Success Stories to Motivate Aspiring Franchisees
The best metric to gauge a franchise's success is the satisfaction of its franchisees. Success stories from franchisees show just how special the journey can be and shows some of the more personable side of franchising. Each franchising journey is different, but each can be a success if done correctly!
Franchise Business Review Announces 11 New Hall of Fame Inductees
The Franchise Hall of Fame celebrates franchise systems that have been named a Top Franchise at least 10 separate times since the first annual Franchisee Satisfaction awards were given out in 2006. Each of the franchises on the list have shown long-term dedication to listening to and supporting their franchisees.
How to Start a Franchise in 11 Steps
Starting a franchise can be a daunting and difficult task and many who set out on the journey run into the same, or at least similar, hurdles. This easy 11 step process helps new franchisees avoid these common problems to make their endeavors as successful as possible.
Mark Zuckerberg’s dad said he could go to Harvard or have a McDonald’s franchise
Mark Zuckerberg was given an early ultimatum growing up - either go to Harvard, or franchise a McDonald's restaurant. This article describes the decision he eventually made and shows the ins and outs of beginning a franchising opportunity and how his life would have differed had he chosen the Golden Arches instead of the Crimson.
The Year in REVIEW: 2018
2018 may be in the rearview mirror, but there was a lot happening. We rounded up the hot topics that everyone was talking about and take a look ahead at what's to come in 2019.
Lucas Franchisor Earns Two Nationwide Honors
Bill Zirzow, President and CEO of Town Money Saver, explains what being named to the Entrepreneur Magazine's Franchise 500 list and Franchise Business Review's Top 200 Franchising Opportunities list means to him and what it says about his franchise.
What I Wish I Knew Before Buying a Franchise
CEO and Managing Director of Franchise Business Review, Eric Stites, elaborates on the less well-known struggles of purchasing and maintaining a franchise. Eric provides franchisees with many resources to allow a better understanding of potential future hurdles so that risks may be mitigated.
Weichert Real Estate Affiliates, Inc. Named to Top Franchise List for Owner Satisfaction
Weichert Real Estate Affiliates, Inc. has been named to Franchise Business Review's "Top 200 Best Franchises" list for its fourth consecutive year. Bill Scavone, President and COO of the company, weighs in on what the honor means to the company and Weichert's continued dedication to providing a top-notch partnership with its franchisees.
101 Side Business Ideas
Whatever your reasons, starting your own business doesn’t mean you have to retire early from your full-time gig. In fact, it could mean the opposite — your business idea might need some time to prove itself before you can afford to leave your job.
Franchise Business Review Announces 2019’s Top Franchises
Franchise Business Review announces the Top Franchises for 2019 based on franchisee satisfaction research. To identify the top 200 franchise brands, Franchise Business Review analyzed 18 months of data from approximately 30,500 franchisees representing 310 brands regarding their overall satisfaction with their brands and their likelihood to recommend it to others.
MaidPro – Housecleaning Made Successful
From a bad experience with a messy apartment (and one very unhappy cat) to award-winning franchise...what launched MaidPro into one of the most successful cleaning franchise companies today. Business View Magazine interviews MaidPro CEO Mark Kushinsky.
[FREE PLANNING TOOL] Research Supplier Checklist
This handy checklist is a free tool to help you compare the services and benefits of survey providers - either internal or third-party - to make sure you’re getting the most for your investment of time and money.
Content Marketing for Franchises: The 3 Most Common Challenges and How to Overcome Them
It’s clear that content marketing works. You know you need it to be relevant, but executing is another story. No matter the size of the system, franchisors share the same challenges when it comes to implementing and maintaining an effective content marketing strategy. This list of helpful resources and tips can help you get over the content marketing hump.
The CEO’s Guide to Creating and Maintaining a Positive Culture in Franchising
Business culture exists in every company, whether it’s managed effectively by the leadership team, or is the result of neglect. But despite its critical importance, culture is frequently overlooked by leadership, and the result is a lack of clarity and purpose. This eBook examines the three foundational components of a positive franchise culture—and provides practical advice for franchise leadership teams for creating and maintaining a culture that leads to greater productivity and profitability.
Top 80 Franchises for Veterans Announced by Franchise Business Review
Franchise Business Review's research with over 26,000 military veterans revealed the top 80 franchises with the highest levels of satisfaction among veteran franchise owners.
2018 Top Food and Beverage Franchises Report Released by Franchise Business Review
Franchise Business Review has released the Top Food and Beverage Franchises to own based on independent research data from over 4,300 franchise owners. Other findings from the research show the average annual income for food franchisees that have been in business longer than two years is $120,000. Nearly a third of food franchisees surveyed have been in business 10 years or more.
The Most Innovative Brands in Franchising Announced by Franchise Business Review
FBR's 2018 list of the top innovative brands is the second annual ranking of franchise companies based on research data from approximately 24,635 franchisees representing over 280 brands regarding their brands’ innovation and creativity.
What Makes a Positive Organizational Culture?
Everyone's talking about organizational culture these days, but it can be squishy topic - hard to define and even harder to shape. To help understand what makes for a positive culture, we asked 10 franchise leaders at top-performing franchise companies how they would describe their brand’s culture. See what they told us.
Creating a Positive Culture in Franchising
This whitepaper by Roger McCoy, Franchise Business Consultant at Direct Energy, explores what determines an organization's culture, why franchises are even more dependent on culture than other business models, the foundations required for building a positive culture, and the role of franchise leadership in creating a positive culture that in order to drive productivity and profitability.
Five Reasons Startups Are Choosing Franchise Opportunities
This Forbes article explores five reasons franchises are gaining popularity among the startup community and recommends Franchise Business Review as an authoritative source to find franchise opportunities.
Top 50 Franchise Leaders of 2018 Announced by Franchise Business Review
Franchise Business Review announces the Top 50 Franchise Leaders based on independent feedback from franchise owners within each leader's franchise system. Franchisees were asked over 30 questions regarding their brands, including questions about their franchise’s integrity, core values, culture and community – the intangible aspects that can make or break the franchise experience.
Franchise Business Review Unveils the Top 80 Low-Cost Franchise Brands of 2018
Franchise Business Review announces the 80 Top Low-Cost Franchises for 2018 based on research conducted with franchise owners from over 150 franchise brands with investment levels under $100,000.
5 Must-Have Resources for Emerging Franchise Brands
We’ve pulled together this list of the top 5 must-have resources for emerging brands, full of the best practices we’ve collected over a decade from franchisors who are growing their brands strategically while maintaining a system of highly satisfied (and profitable) franchisees.
Franchise Business Review Announces 50 Top-Rated Franchises for Women
Franchise Business Review released the 2018 Top-Rated Franchises for Women based on surveys of over 5,700 female franchise owners on their overall satisfaction in eight key areas.
FBR Survey Puts Numbers to Franchisee Satisfaction and Brand Performance
In his Franchise Update column, Art Coley discusses how the FBR survey provides franchisors with the metrics they need to measure and improve brand performance.
Franchise Business Review Issues Call for Entries for Top Franchises Awards
The call for entries for Franchise Business Review's annual FBR50 Franchisee Satisfaction Awards is now open. The deadline to register for the 2019 awards is September 30, 2018.
5 Things to Know and Learn Before Starting a Franchise
Startup Nation debunks one of the most common myths about franchising and talks with FBR's editorial director, Sarah Brady, about what candidates need to know before buying a franchise.
4 Franchise Development Budget Planning Mistakes to Avoid
Despite the seemingly endless meetings and ensuing headaches that accompany budget planning, there’s no escaping it. To make this year’s planning a little easier for you, we’ve put together the four most common budgeting mistakes that franchise marketing and development teams tend to make, along with ways to fix them.
Measuring Franchisee Satisfaction: Getting Buy-in Across Your Organization
If you’re ready to start using franchisee satisfaction data to guide your business objectives, but still need buy-in from other leaders in your organization, we’ve outlined some key points to help you start a conversation with them and make a case for investing in franchisee satisfaction.
Women in Franchising 2018 Infographic
Franchise Business Review compiled survey feedback collected over 18 months from 5,723 female franchisees representing 240 franchise brands. Overall, female franchisees overall say their work/life is balanced or very balanced.
Franchisee Satisfaction and Your Bottom Line: Real-World Case Studies
We often hear that the data we provide has helped our clients identify key issues among their franchisees, but it can sometimes be difficult to put an operational value on tracking franchisee attitudes. In this webinar, we speak with three franchisors about how moving the needle on satisfaction has also helped them grow their brand, both in same-store sales and new development.
Councils, Committees, and Advocates: Best Practices for Leveraging Franchisee Input and Rolling Out Changes
A system with 500 franchisees handles communications very differently than one with 25, but regardless of size, franchisees demand that their voices be heard and respected -- and rightfully so. Still, finding the optimal strategy to solicit feedback, make decisions, and roll out changes while making sure everyone feels represented can be extremely difficult for any brand. Our panelists discuss how a brand of any size can create efficient, open communication channels to keep both franchisor and franchisees happy.
Rising Tides: How Sharing Unit Level Data System-Wide Benefits Everyone
We've often discussed the importance of collecting and analyzing unit-level data to help franchisees improve their profitability and grow their bottom line. This time, we focus specifically on WHY it's important not just to collect the data, but to share it with the entire system. Our panelists discuss what they share, how they overcome franchisee pushback, and what benefits they've seen by making this data available system-wide.
Tech Talk: Implementing the Right Technology at the Right Time for Your Franchisees
If every franchise brand had a fully integrated, customized, easy to use, modular, cost-effective technology platform for their franchisees, operations would run very smoothly. Unfortunately, the perfect tech options seem too expensive for the brands that need them most and the questions involved with moving from one platform to another can quickly halt a much-needed upgrade. In this webinar, we speak with panelists who can clarify how to make the choice in platforms, when to make the investment, and the most seamless ways to roll out a new system.
Creating Franchisee Vision Plans (and Aligning Them with the CEO’s Vision)
Franchisees are motivated by the potential to realize their dreams. Unfortunately, it can become very easy to lose sight of the long-term goals while dealing with the short-term challenges within the business. Working with franchisees to put their vision in writing can help them to stick to it and track their own progress, and helps YOU to make sure their vision stays aligned with the brand's so that both parties are working toward common goals.
The Tipping Point: Best Practices for Closing Franchise Deals
You’ve nurtured ideal franchisees all the way through the sales pipeline; now all that’s left is to sign on the dotted line. This webinar will take you through practical strategies for closing franchise deals, including using discovery days and shadow programs, why you should reveal the good AND the bad to candidates, tools (checklists, templates, FAQs) to speed up validation, and how to deal with candidates who sabotage the validation process.
Wooing the Sophisticated Multi-Unit Franchisee
Today 55% of the franchise industry is controlled by multi-unit unit operators. But landing a multi-unit operator can sometimes feel like reeling in a whale. This webinar will help you better understand what sophisticated multi-unit candidates look for when seeking a brand and how they evaluate it. You’ll learn tips and techniques for adapting your development process to multi-unit candidates and how to make your brand more attractive to the lenders that finance them.