Franchise Articles
Browse our selection of franchise articles and features to help further your knowledge in opening and operating a franchise business. Our exclusive features cover the franchise growth, operations, legal, leadership, marketing, real estate, and technology site of the franchise business. Written by the editorial team that produces Franchise Update Magazine and Multi-Unit Franchisee Magazine, the franchise industries premier magazines.
Great people throughout history often fail, quite miserably, before finally reaching their goals, says international business strategist Dan Waldschmidt.
- Multi-Unit Franchisee
- 7,273 Reads
Mysteries are solved when we use clues to find the culprits behind the crime. Financially speaking, when the crime results in the untimely demise of a business, we often see three usual suspects: low cash, low gross margin, and low net margin.
- Steve LeFever
- 15,856 Reads 4 Shares
Rose Colarossi, a high-energy multi-unit franchisee from Frisco, Texas, likes to open remarks about her franchising career with this question: "Which came first: the mama or the egg?"
- Debbie Selinsky
- 8,479 Reads 1 Shares
More and more Millennials are leveraging their social media platforms and the Internet for nearly everything.
- Multi-Unit Franchisee
- 11,259 Reads 1,023 Shares
Grant Simon entered the world of franchising with Great Clips. That's where he had found success when we first interviewed him back in 2008.
- Kerry Pipes
- 7,805 Reads 1 Shares
Over time, every brand evolves to stay relevant to its customers. You may not go through a corporate "rebranding" exercise to the extent that Wendy's, Burger King, or Arby's recently did, adopting a new logo, new store design, and/or new products.
- Nate DaPore
- 6,118 Reads
MFV Expositions, the International Franchise Association and Franchise Update Media Join Forces for an All-Day, Educational Event in New York City on June 18, Exclusive to Multi-Unit Franchise Owners
- Franchise Update Media
- 8,753 Reads
John Mulherin, a former investment bank CEO, likes to say he flunked retirement. "I believe that as people age, they have a decision to make," he says.
- Debbie Selinsky
- 8,054 Reads
Why won't my employees just do what I tell them? Why am I struggling to motivate my team? Why aren't they giving me the performance I need?
- Dr. Tasha Eurich
- 7,155 Reads 1 Shares
The home care industry has rapidly become one of the most popular in franchising--with some of the most satisfied and successful franchisees, according to a new report just released by Franchise Business Review.
- Multi-Unit Franchisee
- 5,392 Reads
The Affordable Care Act (ACA) implementation, potential minimum wage increases, and likely overtime rule changes add to the ongoing challenges of managing the expense side of any business.
- Darrell Johnson
- 4,679 Reads
In 1996, Jack Hough was trying to figure out which restaurants to place where in a somewhat limited space at the North Georgia Premium Outlets mall.
- Debbie Selinsky
- 10,731 Reads 28 Shares
This 2014 first-ever Multi-Unit Franchising Conference Video collection includes 11 key featured sessions and over 12 hours of video.
- Multi-Unit Franchisee
- 5,250 Reads
Franchise Update's Multi-Unit Franchising Conference just wrapped another winning event that attracted record numbers and offered another stellar lineup of keynote speakers and industry titans.
- Multi-Unit Franchisee
- 8,671 Reads
Franchising is all about outsourcing. Someone comes up with a great concept and essentially outsources its growth to franchisees so corporate can focus on its core task of system development.
- Eddy Goldberg
- 12,220 Reads 3 Shares
If the nation hadn't been in the midst of a government shutdown and debt ceiling debate, last year's Nobel Prize winners in economics probably would have received more attention and commentary.
- Carol Schleif
- 7,185 Reads 1,023 Shares
Tom Sutko spent three decades in leadership roles with a Fortune 500 company. The years taught him a lot about management and operations.
- Multi-Unit Franchisee
- 9,461 Reads 2 Shares
Here's an intriguing idea from New York Times best-selling author and writing coach Michael Levin, "Creativity is a muscle; use it or lose it." Levin says anyone can grow their creativity just like any other muscle.
- Multi-Unit Franchisee
- 6,190 Reads
In wrestling with this question, it is clear that so-called loyalty programs are really rewards programs.
- Jack Mackey
- 10,524 Reads 1 Shares
Conventional wisdom says it makes sense for multi-unit franchisees with food brands to stick with food as they expand. Ahmed El-Hawary doesn't see it that way.
- Debbie Selinsky
- 9,287 Reads 2 Shares
Business owners and managers today face a myriad of challenges--a tight market with strong competition, workforce issues, slimming margins, and the need to keep pace with technological advancements to name a few.
- Michael Vaughan
- 6,214 Reads
Ted Kergan has been a student in the school of hard knocks. He's got the diploma to prove it. But along the way he's become Louisiana's largest Sonic Drive-In franchisee.
- Debbie Selinsky
- 13,399 Reads 3 Shares
We hear hacking horror stories every day. Businesses around the world call us in a panic, needing to decipher what went wrong with their security.
- David Ellis
- 13,707 Reads 7 Shares
For many multi-unit franchisees one brand just isn't enough. They prefer to spread their risk across different brands, seeking diversity and economies of scale.
- Kerry Pipes
- 9,648 Reads 1,023 Shares
Every company makes mistakes that could make them lose customers. I don't care what business you are in, something will go wrong.
- John Tschohl
- 9,501 Reads 1 Shares
"Who has my back in retirement?" That's the question pre-retirees and retirees want answered when it's all said and done, says veteran financial planner David Zolt
- Multi-Unit Franchisee
- 7,147 Reads 1,023 Shares
In March 2013, U.S. banking regulators issued new guidance designed to curb increasingly aggressive lending by both banks and finance companies.
- Dean Zuccarello
- 5,422 Reads
When he was a young man fresh off the farm in Dalhart, Texas, Mike Treadwell wanted to stretch his entrepreneurial wings by opening a restaurant. First, he opened an Alfie's Fish 'n Chips in Amarillo, then a Mike's Fried Chicken & Fish.
- Debbie Selinsky
- 8,292 Reads 26 Shares
Franchising is a diverse world comprised of all kinds of brands, products, services, and opportunities.
- Multi-Unit Franchisee
- 12,800 Reads 1,023 Shares
Whether you're launching a new business or wondering why your existing company isn't performing as well as predicted, longtime corporate executive Larry Katzen suggests taking a careful look at your business plan.
- Multi-Unit Franchisee
- 7,791 Reads 1,022 Shares
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