Training employees can be challenging for new franchisees who have never operated their own business before. While they come to franchising with many valuable skills, training employees usually is not one of them.
- Eddy Goldberg
- 63,140 Reads 98 Shares
Selecting the winners for our annual Most Valuable Performer (MVP) Awards means analyzing applications submitted on behalf of some of the best multi-unit franchisees in the business.
- Eddy Goldberg
- 10,383 Reads 155 Shares
Dunkin' Donuts Unveils the Future with its 'Next Generation' Concept at Massachusetts Location.
- Multi-Unit Franchisee
- 12,974 Reads 221 Shares
The home services marketplace is estimated to be around $400 billion and there are no signs of its growth slowing down any time soon.
- Emma Pearson
- 14,433 Reads 49 Shares
Former Planet Fitness Multi-Unit Operator Signs on for 10 Crunch Locations in the Southeast.
- Multi-Unit Franchisee
- 7,981 Reads 11 Shares
It's an excellent time to be part of franchise operations. With franchise growth and multi-unit franchising, in particular, continuing to soar, the industry is working tirelessly to keep up with demand.
- Amos Durbin
- 6,324 Reads 20 Shares
One of the challenges new franchisees face begins soon after the franchise agreement is signed: hiring and training employees. The success of each franchised unit depends on the quality and behavior of its employees.
- Eddy Goldberg
- 70,745 Reads 88 Shares
We are finally entering a cycle of higher inflation expectations. Is that good for franchising? That's not a trivial question as it can significantly affect unit performance and expansion decisions.
- Darrell Johnson
- 9,644 Reads 48 Shares
Generational Shifts By Gen Zers, Millennials, and Baby Boomers Impacting Restaurant and Foodservice Sectors.
- Multi-Unit Franchisee
- 8,653 Reads 31 Shares
Do You Know How to Project What Capital Requirements You'll Need to Accurately Fund and Meet your Growth and Development Schedule?
- Kendall Rawls
- 6,527 Reads 12 Shares
If you are chomping at the bit to become your own boss by investing in an automotive franchise, now is certainly a good time to do so.
- Emma Pearson
- 18,259 Reads 9 Shares
Learn how Club Pilates creates online ads that build loyalty and engage customers
- Jessica Yarmey
- 6,332 Reads 75 Shares
Social media marketing news you can use. This week: 1) Crisis management: How badly will "Papa John" Schnatter's problems hurt the brand he founded?; 2) 10 ways digital marketers can improve their effectiveness; 3) 5 steps for turning "ordinary" online conversations into actionable leads; 4) Yelp cannot be ordered to take down negative reviews, says California's Supreme Court.
- Eddy Goldberg
- 6,745 Reads 4 Shares
Kent Frogley, Chief Marketing Officer at Real Property Management and Jessica Yarmey, chief marketing officer at Club Pilates, explain how they create online ads that engage customers, build loyalty, and get results. Here's what they told us.
- Franchise Update
- 9,348 Reads 6 Shares
Previously, we discussed how you can tap into the rich marketing resources provided by 1) your franchisor, and 2) your fellow franchisees.
- Eddy Goldberg
- 92,572 Reads 25 Shares
So you want to get financing to grow your business. What does your bank want from you in your loan proposal?
- Rod Bristol
- 7,362 Reads 18 Shares
New Research Explores Consumer Dining Habits and Motivators Changing the Way Diners Engage with Foodservice.
- Multi-Unit Franchisee
- 5,530 Reads 11 Shares
Study Finds Restaurant Sales Up Slightly in June But Store Traffic in Decline.
- Multi-Unit Franchisee
- 4,376 Reads 3 Shares
Improve your lead gen through social media with these 4 useful tips
- Lora Kellogg
- 8,036 Reads 80 Shares
So many good things are happening so quickly in franchising these days, it's hard to keep up (even for us!). So welcome to "Good News!" - our monthly roundup of franchise growth, finance, international expansion, milestones, and other positive news from franchisors large, medium, and emerging.
- Eddy Goldberg
- 4,087 Reads 6 Shares
At Franchise Update Media we have made it our business for more than three decades to be the premier authority and resource for franchise information, education, and opportunities. Through our two magazines, three conferences, four newsletters, and content-rich website, we continue to bring timely, relevant, and useful news and information to franchisees, franchisors, and opportunity seekers.
- Eddy Goldberg
- 5,623 Reads 4 Shares
An international presence can add prestige to a brand, instill pride in employees and franchisees, and add to a company's bottom line. For franchisors going international, selecting the right markets and franchisees will greatly improve their chances of success. If not carried out correctly, however, this can also be a costly drain on a company's time, energy, and money.
- Kay Ainsley
- 4,254 Reads 3 Shares
Previously, we discussed the importance of marketing to succeed in your franchise business. In this article, we dig into specific tactics, resources, and suggestions for attracting and retaining customers.
- Eddy Goldberg
- 59,011 Reads 46 Shares
Fast-growing ZIPS Dry Cleaners often draws comparisons to Planet Fitness for shaking up an industry with a same-day, one-price model.
- Helen Bond
- 9,487 Reads 12 Shares
By now, bitcoin has become a household word. The idea of a digital, unregulated "cryptocurrency" elicits strong responses. Some have heralded bitcoin as revolutionary. Others, such as JPMorgan Chase CEO Jamie Dimon, denounced it as a "fraud." But in January of this year, Dimon walked that comment back, and declared, “The blockchain is real.” Why the change?
- Joyce Mazero and William Sentell
- 21,713 Reads 25 Shares
Multi-unit El Pollo Loco franchisee opens the brand's first location in Santa Rosa, California.
- Multi-Unit Franchisee
- 9,668 Reads 13 Shares
If you have to ask yourself if you're difficult to work for than you probably are. How to overcome ego-driven leadership problems.
- Dan Iosue
- 5,903 Reads 40 Shares
Grand openings at Wayback Burgers ensure franchisees connect with the local market
- Kandi O'Connor
- 11,193 Reads 22 Shares
Facebook changes driving you bonkers? Try these helpful tips from SocialJoey!
- Jack Monson & Mike McDowell
- 7,193 Reads 51 Shares
Absent an economic shock, we should have continued expansion this year and into next.
- Darrell Johnson
- 6,129 Reads 5 Shares
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