franchise-planning

Franchise Brokers and Consultants: Step by Step Guide to How They Help

The universe of franchise opportunities is never-ending; continuous growth has been the trend in the past and foreseeable future. More new brands are always coming online every month, every quarter, every year. It’s fabulous! And can be overwhelming!

Along with this continued growth in franchising, many entrepreneurial individuals are investigating those opportunities and looking to expand their ownership opportunities with new franchises. There is a growing segment of professionals in the industry helping people find the right match; they are typically called franchise consultants or brokers - I call them matchmakers.

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Franchisor and Franchisee, What’s The Difference?

In this blog, I'll get back to the basics and define the roles and responsibilities of the franchisor and the franchisee within the franchising system. We'll cover the franchisor's role in providing a proven business model as well as the franchisee's part in operating their business under an established brand and how they work together in the world of franchising.

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How to Create a Succession Plan for Your Business

Do you have a succession plan in place for your business?

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4 Signs You’re Ready to Franchise Your Business

John Francis on Jan 26, 2021 7:00:00 AM Franchise Planning, Franchisors

You’ve started a single-unit business and it’s going really well. You have a good team, the business is easy to manage and you feel like you have the secret sauce to branch out and start expanding into additional locations as a franchise system.

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The Importance of Building a Strong Franchise Culture

John Francis on Dec 29, 2020 7:00:00 AM Franchise Planning, Franchisors

A good franchise model is built on some obvious things: a repeatable business model, valuable brand, solid business economics and the quality of your training and marketing. These are tangible things that can be measured - you KNOW if they exist, or not.

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Why Franchising Picks Up When the Economy Slows Down

John Francis on Dec 8, 2020 9:00:00 AM Franchise Planning, Franchisees

The freedom of owning a business and having more control over your economic future - it’s an appealing and ambitious thought for many people. 

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Top 3 Ways Franchisors Fail

John Francis on Nov 10, 2020 12:22:00 PM Franchise Planning, Franchisors

A few weeks ago we discussed a few of the top ways that franchisees can fail - most of which come down to not staying connected and following the franchise model. Today, we’re going to dive into a few of the key ways that franchisors can fail and hurt the future success of their business, as well as their franchisees.

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Planting a Tree vs. Building a Franchise Advisory Council or Peer Group: They Aren’t so Different!

I was recently asked to participate in the IFA’s Marketing, Operations & Development (MOD) Virtual Conference as a panel discussion moderator. The topic was Making Peer Groups More Effective to Support Franchisees, While Adding Long-Term Value.

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How I Was Able to Take a Location Away From a Big National Brand (and What You Can Learn From it)

John Francis on Sep 8, 2020 8:00:00 AM Franchise Planning, Franchisors

If you’re a franchisor or multi-unit operator, you’ll want to check out the new article I wrote for LeaseCake. It’s a cautionary tale about what can happen when a busy franchise organization doesn’t have the systems and tools in place to manage their locations effectively - and the important details that can slip through the cracks.

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Are You Ready to Make the Move From Founder to CEO?

Are You Ready to Make the Move From Founder to CEO?

There is an unseen phenomenon in businesses where the Founder - who worked so hard to start and build the company - suddenly becomes a roadblock to its future success.

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About the Franchise Expert

 

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John Francis is an enthusiastic, engaging business advisor, and an entertaining public speaker for franchise brands because he speaks from experience and he speaks from the heart. Franchising is in his blood, and his parents were true pioneers in the industry, turning their family haircutting business into a 1,000-salon franchise empire. He has been a franchisee and a franchisor, and has a deep understanding of the issues both face. Engage John as an advisor or to speak at your event, and you and your franchisees will learn how to look at your business in new, positive, and profitable ways.

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