A Trial Period Is a Must!

In the article Déterminer son profil franchisé=un risque on the website of the Conseil québécois de la franchise we talked about the advantages for franchisors to make their policies and procedures simple and effective, to keep to the minimum the list of skills required to operate their franchises and thus to ensure access to a … Continued

Pass GO and Make Your Network Grow!

So you are looking for prospective franchisees to grow your network. However, many of them quit the game as soon as they land on the Investment square… and you’re back to square one. The more expensive your franchise concept is, the more limited your pool of prospects would be. Of course, with higher required investments … Continued

What to Do When You Receive an Application

So, your FlagFranchise dashboard shows that you have received one or – even better – several applications. You see a list of names with compatibility ratings next to them. Great! Now what? When you receive an application, the first step would be to read the attached compatibility report (see Understanding Your FlagFranchise Report). The FlagFranchise … Continued

Understanding Your FlagFranchise Report

Are you looking for quality franchisees to add to your network? You’ve completed the introspection step (also read Franchisors, Are You Ready for Introspection?), and you have your profile on FlagFranchise.com. You now have access to a list of compatible candidates, each of them with a percentage indicator next to their name. But what does … Continued

Reduce Unconscious Bias in Recruitement

Franchisee selection is a complex, multi-step process, which varies based on many factors, including the size of the franchise network. However, the interview phase is a must for all franchisors. This step can easily become tedious and complicated if you are not well prepared for it: receiving applications, reviewing CVs, sorting, ranking, interviewing, evaluating candidates… … 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

Selecting Your Franchisees – Part 1 of 3

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? First, you attract high-potential candidates, then identify the best … Continued