Multi-Unit 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.
In these challenging times, it pays to be as prepared as possible. Here are some suggestions from the banker's side of the desk that will help increase your chances of success when it comes time to renew or renegotiate your current loan structure.
- Steve LeFever
- 7,640 Reads 21 Shares
Jeff Deiters, 50, is a Chicago-native who has been flying planes for as long as he can remember and spends a bulk of his time up in the sky. He and his wife, Annette, met at the Air Force Academy in Colorado Springs, CO, and are both veterans.
- Multi-Unit Franchisee
- 7,551 Reads 70 Shares
Local businesses are stronger together than alone. Your competitive advantage is derived from the local and industry knowledge you possess along with the market power (resources that enable you to attract and retain customers) built.
- Eric Groves
- 5,663 Reads 1 Shares
Customer expectations today are dramatically higher, thanks to the likes of Amazon, Zappos, Southwest Airlines, Starbucks, Ritz-Carlton, and Chick-fil-A, to name just a few of today's customer experience leaders.
- Jack Mackey
- 7,201 Reads 2 Shares
The Affordable Care Act (ACA) has introduced widespread changes to the healthcare landscape. It has increased the availability, quality, and affordability of health insurance for the general population, regardless of age, gender, or pre-existing medical conditions.
- Benjamin Geyerhahn
- 7,743 Reads 11 Shares
Accomplishing goals is the most essential function of running a company, according to 46 percent of entrepreneurs polled by The Alternative Board (TAB).
- Multi-Unit Franchisee
- 5,730 Reads 34 Shares
Larry Lee had a built-in advantage when he leveraged his career in real estate and shopping center development to include franchising.
- Debbie Selinsky
- 5,989 Reads
Joe Weiss is another one of those successful people who got started in the corporate world and did well. But there was something different he was seeking.
- Multi-Unit Franchisee
- 7,917 Reads
Recently one of my partners and I were facilitating a meeting between a father and his daughter to work through some mismatched expectations between them in the family business.
- Jeff Faulkner
- 6,456 Reads 49 Shares
Planning, planning, planning. We all participate in some form of planning: what to do with our weekend, scheduling all the kids' activities, forecasting next year's business plans, and maybe even "someday" plans.
- Dean Zuccarello
- 6,833 Reads 21 Shares
Franchising is fighting back. Organized labor and activist groups have been hammering away at the franchise business way of life.
- Multi-Unit Franchisee
- 7,371 Reads
Corporations are holding record levels of cash, interest rates are low and the housing market is rebounding.
- Multi-Unit Franchisee
- 10,262 Reads 1 Shares
If Del Taco were a sports team, Paul Hitzelberger would not only be its MVP, he'd also be the GM and coach.
- Debbie Selinsky
- 10,107 Reads 1,021 Shares
Dan Fry entered the world of franchising knowing very little about the business. He was warned of the odds of succeeding in a new business but he didn't let that stop him or hold him back in anyway.
- Multi-Unit Franchisee
- 7,562 Reads
If you happen to be an active majority partner in a business, you may sometimes find yourself struggling for alignment with your minority partner or partners, especially if the minority partners are also involved in the business.
- Dan Schneider
- 6,219 Reads
Phishing may be old news, but it still works. Ongoing education about phishing scams is essential for anyone who uses your system. It doesn't matter if you have the most secure security system in the world.
- David Ellis
- 9,439 Reads 1,014 Shares
It's a tough job but somebody's gotta do it. Facing off with a screaming, unreasonable, irrational customer represents the ultimate test of any employee's service skills.
- John Tschohl
- 10,562 Reads 2 Shares
Four out of five companies can testify that onboarding new hires leads to such positives as higher job satisfaction, better job performance, greater commitment to the organization, and stress reduction.
- Multi-Unit Franchisee
- 7,221 Reads
The benefits of having employees who are better trained, more engaged, and who stay longer are clear. You might even call it the Holy Grail of HR.
- Eddy Goldberg
- 10,832 Reads 1 Shares
Michael Kulp thinks big. While some business executives are looking at what to cut because of rising payroll and healthcare costs, Kulp, president and CEO of KBP Foods, a $250 million restaurant company with units in nine states, is taking an "inverse" approach.
- Debbie Selinsky
- 8,526 Reads 1 Shares
In survey after survey company meetings get knocked by everyone from employees to senior executives as being among the biggest waste of work hours.
- Multi-Unit Franchisee
- 5,802 Reads
Tony Lutfi, who immigrated to the United States from Lebanon, is one of the most successful QSR franchisees in the country, rapidly growing his five food brands to market domination and record revenues.
- Debbie Selinsky
- 8,590 Reads 1 Shares
The list of accomplishments is long for Paul Hitzelberger. He was a senior officer with General Mills, part of the Coast to Coast franchise...
- Multi-Unit Franchisee
- 8,365 Reads 1 Shares
Employment rates in the United States are steadily increasing, meaning businesses are growing and, as a result, seeking the right talent to fit their teams.
- Multi-Unit Franchisee
- 5,714 Reads
It's mid-2014 and nearly every American is required by the government to have health insurance coverage as outlined under the Affordable Care Act (ACA).
- Kerry Pipes
- 9,038 Reads
If you're the CEO of a company, the realization that much of what you do can be copied by your competitors may be distressing, but veteran sales manager, consultant, and business speaker Jack Daly says not so fast.
- Multi-Unit Franchisee
- 8,718 Reads 2 Shares
If you think negotiating is about winning or losing, you have already lost and should keep reading. Negotiating is about striking the best possible deal between parties without short-changing any party involved in the transaction.
- Multi-Unit Franchisee
- 5,480 Reads 2 Shares
The best franchisees are some of the hardest-working and kindest people around. They provide customers with consistent products and services, give back to their communities, and provide jobs for thousands of employees.
- Kerry Pipes & Eddy Goldberg
- 6,618 Reads
Natalie Ehrlich knows what it's like to overcome difficult times in her life. One of the most challenging periods she ever faced was when she was a single mother studying to earn her Ph.D. while raising her son at the same time.
- Multi-Unit Franchisee
- 7,225 Reads
The continuing evolution of media consumption has made it increasingly challenging for an advertiser to both capture and hold an audience's attention.
- Multi-Unit Franchisee
- 5,413 Reads
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