Open New Units
True growth of a franchise brand comes from opening new units. A plan for smart and sustainable growth that will open new locations prepared for long-term success begins with recruiting the best franchisees, hiring the best employees, and opening new units in the locations and markets most likely to expand economically.
RECENT HEADLINES
August 17th, 2019
 Scorpion offers ROI-positive online marketing solutions that can get your franchisees more customers from the Internet. With our integrated marketing platform, you can maintain a unified brand message, manage numerous marketing campaigns, and track...
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Dramatic changes at U.S. shopping malls present new opportunities for franchise brands.
- Carl Jenkins
- 1,111 Reads 14 Shares
Tight urban real estate has franchisors looking into rural, tertiary markets.
- Carl Jenkins
- 694 Reads 9 Shares
Experts Say Combining Brokers And Big Data Tools Can Help Uncover The Best Real Estate Options.
- Multi-Unit Franchisee
- 1,114 Reads 6 Shares
With an economic downturn predicted, do you have a plan?
- Darrell Johnson
- 848 Reads 12 Shares
Franchisee Talks About How Important It Is To Stay Aware Of Changes In The Market When Contemplating Leasing Or Purchasing Property.
- Multi-Unit Franchisee
- 870 Reads 7 Shares
Franchisee Says Brokers Are An Important Part Of The Decision When Contemplating Leasing Or Purchasing Property.
- Multi-Unit Franchisee
- 1,036 Reads 11 Shares
Franchisees Explain The Factors They Take Into Considering When Contemplating Leasing Or Purchasing Property.
- Multi-Unit Franchisee
- 1,364 Reads 10 Shares
Franchisee Talks About the Importance of Using A Sophisticated And Comprehensive Set Of Data And Criteria To Evaluate Sites.
- Sara Wykes
- 1,177 Reads 25 Shares
You Need A Full Understanding Of Residential And Workplace Population Characteristics Before Choosing A New Location.
- Multi-Unit Franchisee
- 1,139 Reads 6 Shares
How Customer Analytics Software Can Help Franchisees Identify Good Markets And Locations For Expansion.
- Multi-Unit Franchisee
- 1,496 Reads 10 Shares
One of Church's Chicken's Largest Franchisees Has Reopened One Of The Brand's Restaurants In Waco, Texas.
- Multi-Unit Franchisee
- 2,037 Reads 4 Shares
2018 Mystery Shop finds weaknesses in the pre-engagement phase of franchisee recruitment.
- Art Coley
- 1,539 Reads 16 Shares
6 critical lease provisions your franchisees should negotiate or avoid.
- Karen Abrams
- 2,002 Reads 51 Shares
Why It's Important To Have A Strong And Transparent Relationship With The Franchisor When Looking To Make Transactions.
- Carty Davis
- 1,920 Reads 15 Shares
Trouble finding the best location? Advice and experience from these experts is bound to help.
- Sara Wykes
- 2,859 Reads 56 Shares
Determining when to sell your real estate and properly posting revenue to the P&L.
- David Ostrowe
- 1,683 Reads 6 Shares
Is there a forecasting tool that can help franchisees pick brands with higher growth potential?
- Darrell Johnson
- 1,939 Reads 19 Shares
A look at some of the legal insights franchise owners need to consider when looking to sell a franchised business.
- Kendall Rawls
- 2,792 Reads 38 Shares
When you need credit to grow your company, look for alternative lending sources that could provide answers in this changing market.
- Champ Rawls
- 2,180 Reads 3 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
- 4,557 Reads 44 Shares
Many young entrepreneurs are discovering that franchising can jump-start them on the road to business success.
- Eddy Goldberg
- 18,673 Reads 10 Shares
Family-run franchise operations can offer a blessing, or a curse. An example of the blessing would be the close relationships and high degree of trust that exists in many families.
- Kerry Pipes
- 22,304 Reads
One of the greatest motivators for entrepreneurs is to be their own boss, make their own decisions, and control their destiny.
- Eddy Goldberg
- 17,457 Reads 5 Shares
When considering an exit strategy there are four basic ways to leave (or transfer) a business: 1) to heirs or family; 2) to a key employee or team; 3) to an outsider; 4) to no one, by shutting it down.
- Eddy Goldberg
- 21,802 Reads 3 Shares
It's always a great time to get into franchising. Yet for entrepreneurs seeking to start and build their own business, some times are better than others to consider franchising as the vehicle for attaining their personal and business goals.
- Eddy Goldberg
- 19,361 Reads 11 Shares
We ended our previous discussion of service concepts with the point that many of these businesses are based on customers making the choice to trade money (surplus) for time (deficit). The example we used was maid services, where time-starved customers spend money to buy time they can spend with their family and friends.
- Eddy Goldberg
- 24,666 Reads 3 Shares
One of the best ways for a new franchisee to get in on the action in franchising is by choosing a nontraditional location. Why? For starters, try reduced franchise fees, lower overall startup costs, smaller real estate fees (none for kiosks!), fewer employees, and for some, the option of beginning part-time.
- Eddy Goldberg
- 40,249 Reads 1 Shares
Five Guys Burgers and Fries Multi-Unit Operator Signs Agreement to Open 18 Melt Shop Locations Throughout Pennsylvania, New Jersey, and Delaware.
- Multi-Unit Franchisee
- 27,772 Reads 11 Shares
When it comes to franchise sales, should you do it yourself or team up with third parties?
- Art Coley
- 23,037 Reads 31 Shares
A series of highlights from the 2018 Annual Franchise Development Report (AFDR) begins with a look at recruitment budgets.
- Eddy Goldberg
- 5,376 Reads 20 Shares
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