Franchise Articles

Feb 15, 2016

Identifying Healthy Franchises

The 5 Most Important Items in a Franchise Disclosure Document There are approximately 35,000 new franchise outlets opened each year in the U.S. The activity is robust, however the net...

Feb 9, 2016

Franchise Sales While Managing the Franchise State...

Franchise development is a highly regulated market segment of business and requires careful management to offer franchises appropriately and within the guidelines of each state’s franchise rules...

Feb 8, 2016

Lean Growth Through Franchising

The attraction of franchising as a method of company growth is that a proven track record, validated learning and measured results can maximize value and minimize risk. The basic principles of...

Feb 6, 2016

Franchising, A Strategy for Added Value

To be successful in franchising, it’s the franchisors responsibility to listen to you and adapt to your needs. Those of us who work directly for a franchisor, recognize that we have a profound...

Feb 2, 2016

Why You Should Pay Attention to Chipotle's Problem...

I’m going to go out on a limb here: In my opinion, if Chipotle was a franchised concept (they are all company operated) it’s not likely they would have found themselves in the mess they are...

Feb 2, 2016

Why the Wrong People Get Hired

You only recruit when you have an immediate need so you don’t have any viable candidates on the bench. Now you’re in “desperation hiring mode” – pressured to hire the first person...

Jan 29, 2016

8 Ways for Employers to Avoid Getting Sued in 2016

Are You Going to Roll the Dice in 2016, Or ... "8 Ways for Employers to Proactively Avoid Getting Sued in 2016" As a business owner, the beginning of the New Year is the perfect time to...

Jan 29, 2016

Approach social media with rigor, control and...

In today’s digital world, every business needs to have social media accounts (no surprises here) to engage and extend reach to new customers. Not only do you need to have them,...

Jan 28, 2016

The Importance of Human Resources in Franchising

Operating a franchise comes with a unique set of advantages and obstacles. In addition to managing the business, navigating the pitfalls of the Affordable Care Act and other regulations, and...

Jan 23, 2016

Should I Start My Own Business Or Buy A Franchise?

Choose What’s Best For You Entering the business world of independence can be life-changing for you and your family. It certainly was for me! Launching three independent businesses as...

Jan 23, 2016

What’s Your Trade Show Strategy? Begin with the...

Are you exhibiting at Franchise Expo South? If so, my hope is that you arrive in Houston with more than just your booth, but also a plan and strategy for working the show. Even as a speaker and...

Jan 23, 2016

Hello...This is an International Opportunity...

The international expansion of a franchise network is often triggered by an external event rather than a carefully planned internal strategy. In my almost 10 years of helping franchise concepts...

Jan 21, 2016

How Predictive Business Analytics are saving...

As a franchise owner you face increased challenges every day ranging from hourly rate increases and rising health insurance costs to low productivity and high turnover. Just to name a few. Most...

Jan 21, 2016

A Consumer Mindset Increases Risk for Franchisees...

For new franchisees, investing in a franchise opportunity frequently begins with a consumer experience. A prospective franchisee enjoyed that brand’s food, had a need for a service or heard positive...

Jan 20, 2016

Using Dashboards to Maximize Your Franchise...

The relationship between a franchise organization and a franchisee can potentially make or break the success of the business. By helping franchisees implement company-wide strategies and...

Jan 18, 2016

How to Negotiate a Lease Renewal Rent Reduction...

Get Organized and Do Your Homework Start early for maximum gain. Nine – 12 months in advance is not unrealistic. In most cases, you should not need to exercise your Lease Renewal Option...

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