Whether you’ve been a manager before or not, it’s time to get to know all the staff-related responsibilities that come with the title of business owner. It’s especially important to be aware of the list of responsibilities if you’ve never been a manager before. Everything comes down to your decisions making abilities and what you […]
You’ve built your amazing team and they’re trained, now how do you keep a hold of them? One of the most important things you can do as an employer is to appreciate your employees. By respecting them and giving them a happy place to work, you have a much better chance of retaining them. Another […]
As the manager and owner of your franchise, it’s your job to ensure workplace safety, but how do you do that? Your franchisor has done a lot of the work for you already by providing you with a manual they’ve created based on past experience. You should have a manual that states the safety procedures […]
As a franchisee, the interview process isn’t just a representation of who you are, but of the franchise as a whole. Imagine the power that comes with being the owner of a big name franchise and if you hire someone, you’ll want to transfer your passion for the brand or franchise onto them. You should […]
For most businesses, this is your one and only chance to find out who your applicants really are outside of their resume. Some businesses offer multiple interviews, but it will depend on how big your franchise is, how much staff you have or need, and how urgent it is that you fill the position. So […]
Training your staff appropriately is what will make your business work. You can be the most competent franchisee possible, but without proper training for your staff, your store is doomed to fail. If you’re not good at training, you should hire someone who is to specifically train because without properly trained associates who do everything […]
Determine the Applicant’s Potential Everyone individual has a skill, but not every applicant’s skills will lie in the industry that they are applying for. Listen carefully and assess the applicant’s potential within your franchise, business culture, and industry in general. Even some interviewees with skill sets from other industries can be extremely helpful in your […]
Not all franchisors or franchisees are open to the idea of a franchisee association or council—or what if you’re the first franchise? There are new franchises opening up every day, so what then? As exciting as it is to be number one, you also have to remember you’re like the oldest sibling, setting the example […]
In franchising, you will be a part of a team. This means you will have some kind of relationship of some kind with someone. Often times it’s a similar love-hate kind of relationship that kids have with their parents. To fully be prepared for the type of parenting your franchisor will provide, you need to […]
As part of a franchise, you’re part of a network, a team, and a greater community. You’ll be given direction, procedures, rules, a system, and a whole flood of people that won’t be directly with you, but are a part of your team. You’ll want to know how to relate to them and to know […]
All great franchisors try to keep ahead of the curve and their competitors when it comes to technology, research, and development (R&D). Part of R&D is to understand the changes in the market, to see opportunity for new products, needs, or services, and to encompass how to fix them through the franchise. Most franchisors […]
[mp_row] [mp_span col=”12″] Franchise advisory councils and associations give order to the franchise universe. They offer communication among franchisees as well as franchisees and franchisors. If you’re a franchisee, you’ll want representation of some kind and a system that welcomes you and that’s what these things do. Franchisee Advisory Council for Franchises A franchisee […]
While you are purchasing a complete system from a franchisor, that doesn’t mean there isn’t room for change or ideas. In fact, any good franchisor will encourage franchisees to come up with ideas that the franchises can benefit from. Changes Are Normal in Franchising It’s important to know that when the franchisor does try […]
Dealing with the change in franchising is harder when you’re not paying attention to changes with corporate on a regular basis. As a franchisee, you should be kept up to date with what’s happening around you and in your company when there are any major developments. The worst thing possible would be to distance yourself […]
When you pay your franchisor’s regular royalty bill, you’re not paying for services. You’re not paying for support and extra help from the franchisor, so how do you insure success? One way to get the most out of the relationship is to treat the franchisor’s success with fair respect. You can’t build franchising relationships on […]
Your fellow franchisees are a big part of your team and community. You’ll meet a handful of them during training and it’s important to keep their numbers and other contact information for further reference. If you can maintain regular contact on a weekly basis or more by close proximity, it’s all the better. You don’t […]
In franchising, you will always be under the supervision of the franchisor—usually from a far. Their involvement with your will probably be limited to updating system materials, corporate meetings, and checking up when something goes wrong. With that said, it’ll be important to protect yourself and your business by following the rules. There are also […]
There are many reasons why a business might run into conflict. It could have crossed a legal boundary with another company, it could be bought out by someone else, it could even fall into debt because the franchisor is making poor decisions on Research and development or other expensive things. Most franchisors should tell their […]
Before you start the process to franchise ownership, the first thing you want to do is take a look at your finances. For some people this can be sombering. For others you may find that you are in a better position than you originally thought. Some things to remember here are do not cut corners […]