Franchise Operations
4 Things Your Franchise Should Wrap Up Before the End of the Year
It’s year end, and while you may be focused on those holiday sales and promotions at the moment, you should also keep an eye to certain tasks and activities that are best handled before the year draws to a close. Put these on your to do list now, and you’ll…
5 Christmas Wishes That Should Be On Every Franchisee’s List
‘Tis the time of year when good franchisees make their Christmas wishes lists for Santa Claus! Whether you’ve been naughty or nice, here are a few things you might want to put on your list. 1. Customers That Keep Coming Back If there’s one thing that should be at the…
6 Qualities to Look For When Staffing Your Franchise
Finding the kinds of employees who will work hard for your franchise and stick with you long-term can be a challenge, especially if you’re in a high-turnover industry like food and beverage. And while sometimes you need to hire someone stat, it’s worth taking your time in the hiring process…
5 Things to Do Now to Be Financially Ready for a Franchise 2017
If 2017 is the year you plan to become a franchise owner, don’t wait until the new year to start your preparation. In addition to these administrative tasks that will set you up for success in your new franchise, there are measures you can take to ensure that either you…
4 Things to Do Before You Open Your Franchise
While you’re already looking forward to all the rewarding work (and profit) you’ll have once your franchise launches in a few months, you’ve still got plenty of work to deal with before you even open your doors. Use this as your checklist to ensure that you’re ready to operate when…
How to Find the Right Location for Your Franchise
It’s true what they say: location is everything when it comes to a brick-and-mortar store. In fact, not paying attention to location is one of the top reasons businesses — particularly restaurants — fail in their first year. Where Franchisees Go Wrong in Choosing a Location Before we get into…
Tips for Writing Your Franchise Business Plan
While your franchisor will provide some guidance with regards to your new franchise, it’s up to you as the business owner to develop a comprehensive business plan. If you’ve never written one before, let this post be your guide. (more…)
5 Common Employee Concerns (and How to Fix Them)
When an employee isn’t happy at work, everyone is affected. Customers notice. Other team members pick up on the negativity. Ultimately, having an unhappy employee could lead to increased conflict and turnover – something every franchise owner tries to avoid. Here are five of the top employee concerns and how…
How Much Does a Franchise Cost?
So you’re ready to start a franchise. Congratulations! Still, one thing might be holding you back – the franchise cost associated with starting the business of your dreams. There’s more than meets the eye when it comes to starting a franchise. Here’s a more accurate look at what a franchise…
The Importance of Company Culture in Your Franchise
What kind of business do you want to run? One where employees clock in and out and fill the hours in between with minimal effort? Or a space that your staff considers their second home, where customers always marvel at how much fun everyone is having? Defining company culture puts the…