Jeff Bevis takes a deep dive into the latest Franchise Business Review Top 200 Franchise Owner Satisfaction Report and breaks down what aspiring franchise owners need to know about franchise ratings and franchisee satisfaction.
Driving engagement is historically challenging for most multi-location restaurant brands and COVID-19 has only exacerbated that challenge. But despite everything, there are still ways to engage franchisees in order to drive profitability. Here are five tactics that restaurant brands of all sizes — concepts like Tropical Smoothie Cafe, Firehouse Subs, Capriotti's Sandwich Shop, and others — are using to help franchisees be successful.
With the upheaval of the pandemic in the workplace, it's become more important than ever to measure employee engagement and organizational culture. But if you're going to do it, it's important to do it right. Business News Daily talked with Eric Stites for tips on how to make the most of employee engagement surveys.
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).
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.
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.
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.
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.
CNBC partnered with Franchise Business Review to highlight award-winning brands in this feature on lucrative low-cost franchises.
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.
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.
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.
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.
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.
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!
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 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.
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.
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. 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.
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.
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.
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.
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.
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.
In an exclusive Q&A with Retail Touchpoints, Crunch Fitness' Ben Midgely talks about their fitness centers' "cool factor" and why they're choosing non-traditional real estate.
Franchisors looking for the next generation of franchisees should consider targeting recruitment at a these demographics to find candidates full of potential.
Global Franchise Magazine ran a feature article about what women need to know to be successful in franchising, including stories from franchisees representing FBR clients.
Club Solutions gives a behind-the-scenes look at the latest developments and differentiating qualities of certain brands, including insights from Franchise Business Review.
Check out the clickable gallery from Club Industry highlighting Franchise Business Review's top fitness franchises for 2018.
MoneyTalksNews.com features 15 of the top low-cost franchises from Franchise Business Review's 2017 list. Each of the brands requires a minimum investment of less than $100,000.
QSR partnered with Eric Stites, CEO of Franchise Business Review, to unveil its seventh-annual Best Franchise Deals, a conscientious attempt to spotlight the limited-service industry’s nine most compelling franchise opportunities.
More than 200 franchise brand websites were reviewed by industry judges, and 75 were recognized as best in class, with Signal 88 finishing first, followed by Sport Clips and Painting with a Twist tying for second, Buffalo Wings & Rings in fourth and Chemdry, MaidPro and Soccer Shots tied for fifth.
Highly successful franchisors and "Undercover Boss" stars Shelly Sun, co-founder and CEO of BrightStar Care, and Catherine Monson, CEO of the FastSigns franchise, shared their advice for women in franchising with FBR President Michelle Rowan at the 2017 International Franchise Expo in New York.
Many newcomers to franchising might find it hard to believe that they can enter the business without being a big spender or breaking the bank.The good news is that there are hundreds of economical franchise brands in numerous types of businesses with a price tag below six figures.
Home care has quickly become known as a top franchise in recent years. With a relatively low cost to entry in the private duty market, some franchises are also gaining recognition as top low-cost franchise businesses, according to the Franchise Business Review.
When Ray Omar ended his six-year service as a Special Forces communications officer for the U.S. Army in 2006, he moved to Maryland and began a consulting gig with the government. Meanwhile, he couldn’t help but notice that his new city looked nothing like his hometown of Queens, New York. One detail in particular: Where were the Dunkin’ Donuts?
Social Geek Radio interviews Franchise Business Review's founder and CEO Eric Stites about where the idea for FBR started and how it continues to provide transparency to the franchise industry and help franchisors drive better results.
The company has a long standing commitment to recruit veterans returning from active duty and this partnership with Wound Warriors Family Support is an extension of Marriott's work.
Money Magazine, a property of Time Inc., contacted Franchise Business Review for a contribution their piece on how to spend $100,000. See our CEO's picks for great franchise options in this price range!