Growth
Discover ideas, tactics, and strategies to answer your questions on how to grow your franchise business. Franchisors, multi-unit franchisees, and industry experts share their ideas, programs, and success stories to help you build a strong franchise business.
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April 20th, 2018
RESOURCE SPOTLIGHT
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HigherMe was founded by a former multi-unit franchisee to optimize the hiring process. Our technology ensures you're hiring better quality candidates, reduces turnover and saves time and money.
Tutor Doctor focuses on quality prospects and international growth
- Scott Thompson
- 3,770
Love them or hate them, franchise brokers can be an essential recruitment tool for some brands, depending on their stage of growth and timetable for expansion.
- Helen Bond
- 3,753
Scrutinizing your finances, developing a sound business plan, and researching your loan options will open doors to financing opportunities.
- Frank Gallagher
- 8,744
How do you measure individual unit success? East Coast Wings tells how!
- Sam Ballas
- 6,286
The increase in opportunities to make data-driven decisions is changing the way Americans do business. With the influx of data, algorithms, and measuring systems, the days of intuition and gut decision-making are gone.
- Sam Ballas
- 6,454
Previously, we discussed franchising without any financial partners. Today we look at ways for entrepreneurs without their own capital resources to get into the game.
- Eddy Goldberg
- 20,746
It's in the best interest of multi-unit franchisees and franchisors to work together to resolve any differences that emerge. Be a part of a session that addresses both sides of this issue at the Multi-Unit Franchising Conference in April.
- Kerry Pipes
- 8,200
Multi-unit franchisees often need funding to sustain and grow their business operations. Find out how to secure such necessary funding at a session at the Multi-Unit Franchising Conference in April.
- Kerry Pipes
- 8,662
4 tips to help Millennials see the benefits of joining your system
- Lora Kellogg
- 8,763
Innovation comes from a constant state of a creative development forcing change and growth. It also takes time and effort to see a return on investment.
- Kendall Rawls
- 9,245
If you're a new or emerging brand, a good frandev firm just might be your new BFF
- Eddy Goldberg
- 9,007
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SPONSORED Open a School of Rock FranchiseWith more than a decade of experience and over 170 schools throughout North and South America, Africa and Asia Pacific, School of Rock is the leader in performance-based after school music education. |
Europe is a ripe market for U.S. brands - if they know what they're doing.
- Peter Schwarzer
- 8,481
When I first went to China in late 1982 there were no foreign brands operating in the country, and everyone wore Mao jackets and rode a bicycle. The term "middle-class consumer" did not apply. People shopped at government-owned stores and street vendors.
- Bill Edwards
- 10,315
Why it's important to consider current trends and map out what your own future will look like, for the sake of your organization and your people.
- Kendall Rawls
- 9,546
If you feel like a car doing a burnout in your current job and are dreaming of being your own boss, investing in an automotive franchise may be just the ticket.
- Emma Pearson
- 40,349
Arby's Restaurant Group Acquires Buffalo Wild Wings and Forms New Inspire Brands.
- Multi-Unit Franchisee
- 10,789
After years of pursuing single-unit operators, Massage Envy is shifting to multi-unit recruitment
- Rick Howard
- 10,058
For many new and emerging franchisors, the transition from selling their product or service to selling the opportunity to own a franchise can be challenging.
- Kay Ainsley
- 10,498
New IFA Economic Study Says Strong Franchise Sector Will Outpace US Economy During 2018.
- Multi-Unit Franchisee
- 12,159
When it comes to franchise recruitment in the digital age, first impressions count--now, more than ever.
- Helen Bond
- 10,962
With so much change ahead in 2018, the economic outlook is more positive than not
- Darrell Johnson
- 13,050
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SPONSORED Open a Sbarro, LLC FranchiseAn award-winning franchise company, Sbarro is known for selling XL NY pizza by the slice with dough made in-house daily & 100% Whole Milk Mozzarella. |
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
- 12,665
Master franchising is a form of the franchisor-franchisee relationship in which the master franchisee essentially becomes a mini-franchisor for a specified territory. Within that territory, the master franchisee recruits, trains, and provides ongoing support to each franchisee they sign.
- Eddy Goldberg
- 55,772
This second in a series of highlights from the 2018 Annual Franchise Development Report (AFDR) looks at where the money in recruitment budgets goes.
- Eddy Goldberg
- 26,410
Results from the 2018 Annual Franchise Development Report (AFDR) were unveiled in mid-October at the 19th annual Franchise Leadership & Development Conference.
- Eddy Goldberg
- 28,549
Diversification, a recommended strategy in designing an investment portfolio, is a big part of the thinking behind the growth in multi-brand franchising. No matter how good the ROI may be from a single brand, savvy investors know it's not wise to put all their eggs in one basket.
- Eddy Goldberg
- 44,426
Start the New Year off by ensuring that you focus on all areas of the business including your leadership style and the example you are setting with your people.
- Kendall Rawls
- 26,508
Some entrepreneurs think big from the start. No single unit for them! Instead, they sign on as an area developer, agreeing to open a certain number of units by a specified date in a given geographic area, where they have been granted exclusive rights.
- Eddy Goldberg
- 38,491
Just a few decades ago, franchising was still characterized by "mom and pop" operations where franchisees opened and operated a single unit for years - maybe even for a lifetime. The focus was simple and the operations not complex.
- Kerry Pipes
- 13,259
If your perspective on the meaning of franchise development is a narrow focus on how many deals you get signed this quarter, I'd suggest you reconsider.
- Art Coley
- 1,517
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