It is a given that at some point your franchisee support representatives will have to confront a difficult compliance problem with a franchisee. This article discusses guidelines to follow and steps to take to get franchisees back into compliance.
A properly managed Franchise Advisory Council will provide strategic, operational and franchisee relations input to the franchisor and help reduce the risk of franchisee default and non-compliance.
The objective of franchisee operational support is to assist your franchisees in managing their franchise business efficiently and effectively so as to achieve maximum sales and profits. It is vital to the success of your brand to provide that support.
When you decide to franchise your business and start selling franchises to new franchisees, you need to provide training, management consultation and support services to those franchisees. Unless you're superhuman, you'll need help in that area. That is the job of the Franchisee Support Representative.
If you have a successful business model and are looking to expand your market share and grow your brand, you should consider the pros and cons of franchising. This post discusses the different approaches you can take to franchise your system.
A master franchisee (also called a subfranchisor) contracts with the franchisor to fulfill the franchisor's obligations of providing support and services to all the franchisees within a defined territory.
Are you considering buying a franchise? Here is a list of 14 additional questions you should ask a franchisor that are not fully answered by the disclosure document.
What they say about real estate also applies to franchises: Location, location, location! If your business is not sited in a place that will draw customers, your business cannot succeed. So how do you find that most suitable place to open up your business?
Designing critical elements of training before you sell franchises is essential if your franchisees are to succeed. Not only will effective training contribute to your brand’s quality and consistency, prospective franchisees are impressed when they see you’ve committed to robust training throughout the organization.
For many business owners, franchising can appear to be an ideal form of business expansion. Franchisees are responsible for the entire investment in opening locations and due to that investment, are highly-motivated to perform well. That allows franchisors to grow and experience brand awareness a lot faster than they otherwise might. But not all businesses are cut out to franchise. If you’re considering franchising, one of the most important questions to ask is simply, “Am I ready?”
