As you begin the process of opening your franchise, getting settled into your new workflow and building a successful business, there are few things that are more crucial to your ongoing success than hiring the right employees for your open positions. Your staff is vital to your success, and by making good hiring decisions from the beginning, you can be certain that you are ready to tackle anything that comes your way. Read on →

The internet has forever changed the ways that businesses operate, and franchises are no exception to this rule. To find the best franchisees to help you grow your business, having an online presence is crucial. More than half of the top franchise brands have an online presence for franchisees, and it is becoming more and more necessary to be competitive in the space and attract top talent to grow your brand. Read on →

Deciding to pursue franchise ownership is a big decision, but it is really just the beginning of your journey on your way to becoming a franchisee. There are many franchise opportunities out there to choose from, and as you start researching what your options are, it is likely that you will have a hard time narrowing down exactly what matters so you can choose the right franchise for you. Read on →

If you are ready to grow your business but can’t take on any more locations on your own, franchising might be the right choice for you. While franchising is far from a guaranteed success plan, if you do the work and the due diligence, it can be a great chance to continue your upward trajectory and increase your business’ reach across your area. While the work to make your business replicable might feel tedious, if you set your franchisees up for success and do the work to recruit the right talent from the beginning, you can be on your way to a successful franchise system in no time. Read on →

No matter what your career history is like, deciding to buy a franchise is a new and intimidating process. While deep down, you likely know you are capable, it can be difficult to take the plunge and ensure you are doing everything you can to set yourself up for success. Fortunately, we see many outstanding franchisees every day, and there are a few things they all have in common that sets them up for success. Read on →

Technology has changed quite a bit of things in nearly every facet of our lives, including the recruiting and hiring process. What once required paper resumes, letters and phone calls can now be done with PDF files, emails and video chats. While a face-to-face interview is still generally preferred for getting to know your potential new franchisees, there are situations where a virtual chat will be a necessity. While this may feel more intimidating for both the interviewer and the interviewee, here are some tips for conducting virtual Discovery Day interviews without a hitch. Read on →

The power of social media for marketing purposes cannot be ignored, especially in the franchise system. In fact, nearly 80% of people who use social media to sell outperform businesses who do not—so if your franchise has not explored social media for development purposes, now is the time. Social media provides a prime way for franchise systems to share their voice, amplify their values and get in front of qualified leads that could potentially be future franchisees. Read on →

When you consider purchasing a franchise, figuring out your budget is likely the main concern. The cost of purchasing a franchise can vary depending on a number of factors, including your industry, geographic area, the size of the brand you are considering and the services included in your franchising fee. Understanding how all of this factors in can help you determine exactly how much you are able to spend and what your total investment will be before you sign your franchise agreement. Read on →

If you are a franchisor, you understand the importance of finding the right people to bring on as franchisees. You may have received referrals and word-of-mouth recommendations in the past, and while these are great, it is also important to spread the word on a wider scale in order to get more potential franchisees’ eyes on your investment opportunity. Thankfully, through some creative marketing strategies, these tips will help you do just that. Read on →

Signing your franchise agreement is such an exciting moment as it is what makes your ownership of a franchise official—but between that and opening day, there are still many things to consider! Of course, your franchisor will be there to provide support every step of the way regarding everything on this list, but it can still be helpful to have an overview of what to expect. What Comes Before Your Franchise’s Opening Day Choose your business structure and apply for your license. Read on →