Keeping up to date on trends that influence your team, clients and prospects can help your business thrive in today’s mobile world, while improving the customer experience.

The landscape of the business world shifts over time and so should yours. Change is the only constant on which you can depend.

 

By Dara Maleki

“Franchise.” To many, the word conjures images of a complex and complicated business model. True,

Success is hard work and winning demands an indomitable entrepreneurial spirit in ourselves, brand leaders and in the entire company. With the right partners, great things can happen.

With your brand’s reputation on the line, whom can you trust and where do you find them?

Site selection is not a science, but it’s all about finding the location that will work best for your business.

What are three things new franchisees should be prepared to address in their first year of business?  

A primary topic of discussion at #IFA2016 has been the franchise industry's response to attempts by U.S. federal regulators to impose a new definition of “joint employer” on the nation’s small business owners and upend the franchise business model. At the Opening General Session on Sunday, convention attendees were welcomed by two Texas lawmakers who have been champions for the franchise industry in Congress: Rep. Henry Cuellar (D-Texas) and Sen. John Cornyn (R-Texas).

Prospective franchisees dive deep into your FDD before buying. It’s time franchisors follow that due diligence example by reviewing agency’s marketing disclosure documents when exploring new or reviewing current relationships.

Any franchise operator looking for credit needs to make sure he is getting the right deal, not just the "best" deal.  

Want a record year for your franchise brand? Start with the right hiring practices that will increase your chances of finding the right candidates and save your business time, money and resources.