Multi-Unit Franchise Ownership: A Promising Model

Do you want your franchise network to develop quickly? Then perhaps you have already thought about multi-unit franchising. This business growth model helps your banner get well-established in a certain territory by boosting brand awareness and reputation among customers. It is also a good way to have fewer franchisees to support, to build better relationships … Continued

Franchisers, are you ready for introspection?

“Know thyself, know thy enemy. A thousand battles, a thousand victories.” ― Sun Tzu “Knowing yourself is the beginning of all wisdom.” ― Aristotle “To grow yourself, you must know yourself.” ― John C. Maxwell   These great philosophers agree that the key to success is in knowing yourself. But for some, these words of … Continued

Selecting Your Franchisees Part 3 of 3: Evaluation and Recruitment

In the previous articles in this series, we discussed the importance of introspection and self-evaluation as the first step in expanding your network in order to attract quality entrepreneurs. As we said, to boost your success factor when recruiting for your network, it is important to start by understanding what you are and the direction … Continued

Selecting Your Franchisees Part 2 of 3: Attraction

Whether to expand your network, to find a suitable replacement for retiring franchisees or simply to identify prospects, the recruitment and selection needs of franchise networks have been a subject of growing attention among franchisors. But how do you pick the right franchisees for your network? From a pool of entrepreneurs, how do you select … Continued