This newsletter continues to present highlights from the 2015 Annual Franchise Development Report (AFDR). The 2015 AFDR is based on responses from 139 franchisors representing 36,313 units (32,693 franchised and 3,620 company-owned).
This week: closing ratios.
Despite all the shortcomings reported by franchisors (see previous issues of this newsletter), when it comes to closing ratios, the franchisors in year's AFDR are doing something right: their collective closing ratios continued to trend upward in 2014.
(Note: The expert panelists who presented the findings at the Franchise Leadership & Development Conference thought the ratios reported by franchisors were unrealistically high. Draw your own conclusions.)
The complete 2015 AFDR, with analysis and benchmarks, is available for $199. New for 2015 is a 5-video package that includes videos of presentations from this year's Leadership & Development Conference. The package, at $299, also includes the 2014 AFDR for comparing year-to-year survey results. For ordering information, call Sharon Wilkinson at 800-289-4232 x202, email firstname.lastname@example.org, or visit franchiseupdate.vizigy.com.
A targeted, quarterly magazine that takes CEO's, VPs and Sales Executives to the cutting edge of franchise development.