Franchise Articles

Apr 26, 2016

Is A Fractional Franchise A Good Idea?

A fractional franchises can be useful to a franchisor in expanding its brand into untapped markets. The exemption permits franchisors to offer franchises into complementary markets without the...

Apr 21, 2016

Porter’s Five Forces Model Helps The Trajectory of...

In March of 1979, Michael Porter a professor at Harvard Business School introduced a tool for analyzing attractiveness and likely profitability of industries. That tool is called Porter’s Five...

Apr 19, 2016

Women Thriving in the Franchise Industry

When I left the corporate world nearly 20 years ago, I did it for one primary reason. I wanted to make money. Mo’ money, as they say. Lots mo’ money than I knew I would working for...

Apr 14, 2016

The Power of First Impressions

Have you ever noticed that while “first impressions are lasting,” frontline hourly employees almost never are? Just six months after their first day on the job, over 50 percent are gone. While a...

Apr 12, 2016

Are You Getting The Most Out Of Your Royalties?

During my career in franchising I have always been surprised by the number of franchisees in a system that stay on the sidelines and wait for the other franchisees to engage with the franchisor...

Apr 11, 2016

Evaluate a Franchise as if You’re Planning to Sell...

As people like to say “Nothing Lasts Forever” and when it comes to owning a franchise this statement is obvious. When an individual invests in a franchise, most people plan on selling the...

Apr 5, 2016

Social Media Trends and Tools for Growing...

What is the next big thing in the social media world? How can growing franchise systems embrace social media quickly? How can a franchise system efficiently achieve brand consistency across...

Apr 5, 2016

All Franchise Systems Go Through 5 Predictable...

Growing Pains: Seizing the Opportunity All franchise systems go through five predictable stages of growth. Growing from one stage to another creates equally predictable changes, crises...

Apr 5, 2016

Franchising: A Restaurant’s Fixed and Variable...

Restaurants are faced with two types of costs – fixed and variable costs. It’s important know how each behaves. By honing in on the cost structure of your restaurant, you may start to identify...

Mar 31, 2016

Proposed Changes to Federal Overtime Laws: Are You...

The U.S. Department of Labor’s (“DOL”) regulations related to “white collar” overtime exemptions under the Fair Labor Standards Act ("FLSA") have been in place since 2004. Last year, the DOL...

Mar 29, 2016

Understanding the Structure of Franchise Fees

There are a number of fees associated with franchising, as a Franchisor you should understand how each impact your business model and ability to support your growth through franchising. Each one...

Mar 27, 2016

Franchising: Business as Usual?

USA Today and Nation’s Restaurant News published articles shortly after the terrorist attacks in Brussels a few days ago stating that U.S. brands such as Starbucks and Domino’s would temporarily...

Mar 27, 2016

Franchise Renewals

I want to make clear, that it is our intention to renew most of the franchises in the system, but I also want to make clear that we will not give away, even a part of the FUTURE of the larger...

Mar 23, 2016

Franchising: Can't We Just Get Along

I had the great pleasure this month to join the IFA's Franchise Action Network and California Franchisors and Franchisees for the annual California Franchising Day at their state capitol. This...

Mar 21, 2016

Are You Leading Your Franchise Toward Greatness or...

Most owners naturally believe they are great leaders, but do your managers and employees see you the same way? Do your business efficiencies and financials reflect this? Sometimes when we move...

Mar 21, 2016

Franchising: POS Data is a Goldmine, Unlocking It...

This article is the first in a three-part series designed to show you how to use your POS data to retain customers, attract new customers and radically improve your franchise’s performance. In this...

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