Operations
To achieve long-term success, franchise systems require operational excellence at all levels, from their stores to their supply chains. Other essential operational factors include franchisee support, recruitment, training, and retaining top talent. Find ideas, tips, and tools to enhance your franchise business operations.
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June 8th, 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.
Have you ever been asked what you do for a living? Rhetorical question, yes, but one that is often asked in social gatherings, and even from customers and vendors who may not truly understand what you do.
- Dan Iosue
- 4,101
Youth in franchising? Millennials at the helm? Can younger people with relatively little business experience (or money) learn to manage a successful franchise operation?
- Eddy Goldberg
- 13,312
Many franchise brands believe strongly in recruiting military veterans into their systems. These veterans often possess a determined and disciplined work ethic and a dedication to following a system.
- Kerry Pipes
- 16,185
My career in business began at an unconventional location: the Brewhouse Grill in Hermosa Beach, Calif. Fresh out of college, I worked there as a waitress.
- Jocelyn Mangan
- 8,099
Communication strategies that can help put you in a position to effectively negotiate and influence to get the result you want.
- Adriana Puente
- 8,331
In many ways, the military is one of the best franchise systems in the world. Men and women sign on, commit to being dedicated to a common cause, receive standardized training, and work within an established and proven system that gets results.
- Kerry Pipes
- 15,977
5 Strategies That Can Help You Get Your Ego Out of the Way and Allow Your Business to Thrive.
- Adriana Puente
- 8,252
The Keys to Vetting and Choosing Potential Business Partners that Will Increase the Odds of a Successful Relationship
- Aaron Bakken
- 8,967
In the previous article, we discussed in general terms the cost of starting your own business compared with that of buying a franchise. This week we dig deeper into the specifics.
- Eddy Goldberg
- 16,758
Understanding the Emerging Impact of the NextGen of Franchise Leaders and Consumers.
- Kendall Rawls
- 7,047
A new Gecko Hospitality survey looks at why restaurant managers leave their jobs. The findings can help restaurant operators better understand employees and increase their odds of keeping their best talent.
- Multi-Unit Franchisee
- 7,989
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SPONSORED Open a Minuteman Press International FranchiseMinuteman Press is the world's largest & number 1 rated printing & marketing franchise. Our business model features multiple revenue streams, a high repeat business factor, normal hours of operation, a royalty cap and much more! |
Most entrepreneurs starting a business usually don't place "Develop an exit strategy" high on their priority list. Most business owners nearing retirement wish they had.
- Eddy Goldberg
- 17,540
It's possible to find great employees - and keep them. Strategies and techniques will be the focus of a session at the Multi-Unit Franchising Conference in April.
- Kerry Pipes
- 11,278
Last night, you and the family celebrated your birthday with dinner at your favorite sit-down restaurant, a well-known franchised brand. After the usual great meal -- including a hearty greeting from the host and the owner -- you stopped in at your favorite ice cream emporium, also a franchise.
- Eddy Goldberg
- 21,655
The aging Baby Boomer population is creating an unprecedented marketplace for senior care service providers.
- Emma Pearson
- 20,095
Co-branding has been described as the combining and retaining of two or more brands to create a single, unique product or service. No matter how you describe it, it's a strategy that has really taken off in franchising.
- Kerry Pipes
- 40,827
Taking a franchise brand international requires research, dedication, and a lot of hard work. And as we looked at last time, it requires strong relationships with the right people on the ground in the international countries. People like Americans Jake Weinstock and Paul Kuebler, who teamed up with Russian entrepreneur Vladimir Grumlik, to open Gold's Gym franchises.
- Kerry Pipes
- 41,998
Albert Tadevosyan was an MMA (Mixed Martial Arts) fighter with a professional fight record of 7 wins, 1 loss, and 1 draw.
- Kerry Pipes
- 22,955
The fitness franchise sector is in a position of strength. Nearly one out of five Americans belongs to a health club.
- Emma Pearson
- 5,086
Jiffy Lube Multi-Unit Franchisee Finds Unique Advantage to Becoming a Mighty Auto Parts franchisee.
- Multi-Unit Franchisee
- 2,684
Now that you have your franchise unit up and running, how do you keep it from stumbling during its first months and years? After all, most small businesses need time to learn the ropes and turn a profit.
- Eddy Goldberg
- 14,108
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SPONSORED Open a IceBorn Water and Ice Vending FranchiseIceBorn was developed to be the premier consumer water and ice vending brand. |
Most people reading this article probably are members of several loyalty programs. Some are franchisees whose systems have a loyalty program they and their staff have had to implement.
- Tom Epstein
- 2,170
The complex challenges of a marriage and business partnership often requires both partners to work hard to maintain harmony and drive business performance.
- Loyd Rawls
- 3,266
Franchise owners must plan for ongoing success by paying attention to historical trends and developing a strategic plan for the future.
- Kendall Rawls
- 3,466
You get only one chance to make a first impression. So does the franchisor. That's why, after selecting which franchise brands to investigate, it's so important to evaluate the franchisor's response at every point of contact.
- Eddy Goldberg
- 26,025
Anyone who's thinking about starting a new business is going to need to create a business plan. Why? Well banks and lenders require one for starters. But also because business plans are one of the crucial foundations for the beginnings of a business. And the franchising industry is no different.
- Kerry Pipes
- 39,206
Multi-Unit Operator Takes Over Atlanta La Madeleine Locations as Part of Brand’s Refranchising Program and Plans to Open 15 More Units In Atlanta and North Carolina.
- Multi-Unit Franchisee
- 2,220
The last installment of this series is focused on lending and operations, and their importance in driving value in the business.
- Kendall Rawls
- 2,001
I have just returned from a three-week trip where I presented programs for a client in India, the Philippines, Malaysia, and Singapore. I then went on to present two additional programs for a client in Australia who has many multi-unit restaurant owners.
- Rod Bristol
- 5,210
Bojangles' Continues Expansion Across North Florida As New Development Agreements Continue Brand Growth in New and Emerging Markets.
- Multi-Unit Franchisee
- 6,052
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