customer completing transaction with cashier at a bakery

Franchise Round-Up

Going into IFA’s Annual Convention this weekend, we wanted to re-post our recent series of blogs on franchising, just in case you missed one.    

The Number 1 Reason That A Franchise Fails: Franchise businesses are expected to grow faster and create more jobs than the rest of the economy in 2014. In order to capitalize on the franchise sector’s continued boom and maximize franchise territory development, franchisors must avoid the number one classic pitfall. Want to know what it is? Read on!

The Top 5 Things Franchisors Should Do To Ensure Growth: Franchise companies need to make sure they are taking the right steps to succeed in the current retail environment while laying the foundation for future growth. But with a constantly changing retail landscape and shifting consumer preferences, do you know what you should be doing to ensure that your franchise grows and establishes viability? Read on!

Neglecting Your Franchisees Is Bad For Your Health: As you know, it’s a competitive market for franchisees. And not just for their industry-specific operations, but with internal corporate competition for resources and attention. Franchisees know that they have a higher likelihood of failing if they are poorly managed and neglected by their franchisor – which is not only bad for the franchisee, but for the overall brand in a market. So what’s a franchisor to do? Read on!

The 6 Things Franchisors Need To Know: While the last few years have been challenging for almost every industry – starting or expanding a business is a natural desire for many, but finding the right formula in today’s market is no easy feat. Do you know how to navigate the challenges ahead and capitalize on the opportunities? Read on!

15 Franchise Stats For 2014: Want some factoids to inform your franchise growth strategy in 2014? Take a peek at these stats to help inform your franchising decisions this year. Read on!

Whatever You Do, Don’t Look Down: This restaurant franchise is taking the meaning of going out to dinner to new heights. Dinner in the Sky, a Belgium-based company, suspends up to 22 diners on open-air tables, each weighing nearly seven tons, 180 feet above ground. Read on!

The Top 5 Franchise Industries To Watch: The companies that ranked in Entrepreneur’s 35th annual Franchise 500 added a total of 8,725 U.S. franchise units between 2012 and 2013 – a 51% increase over the previous year’s growth. Want to know which franchise industries are driving that growth? Read on!

Keep on the lookout for more blogs on franchising to keep up with the latest trends in the industry. And if you happen to be attending the IFA Convention in New Orleans, stop on by and talk with one of our franchise experts at Booth #404 about how using analytics can optimize franchise territories and grow your business.

Journey Awareness Persona C-Suite/Finance Franchise