Having a strong culture of transparency is critical for the long-term success of your franchisees and your system as a whole. Franchisees can easily get distracted as their business grows, which will ultimately stall their growth. Being 100 percent transparent as an organization will keep you and your franchisees laser-focused on things that really matter. Here’s how.

Franchise support is acknowledged by most in the industry as a “best practice” and a fundamental operating principle. But now support seems to be joined at the hip with the relatively new topic of franchisee engagement.  Exactly what does this new term mean and why is it so important to both franchisees and franchisors?

Due diligence calls for serious attention to concept economics, leadership, product offering and the franchise disclosure document.

The relationship between the franchisor and franchisees within a system is greater than any normal business relationship you would have with a supplier or a business account. The franchisor-franchisee relationship is much like a marriage. 

Certainly, validation and multi-unit ownership are strong indicators that positively memorable experiences exist within your franchise system. 

Negotiating can be complex, challenging and demands careful thought and patience.

Consider these steps to address your record retention concerns. Employers are required to maintain numerous employee records to comply with federal, state, and local laws. Proper recordkeeping practices can also help to administer human resources policies and practices with greater efficiency.

Strategic alliances may be worth the investment to increase brand coverage in today’s competitive environment.

These seven evidence-based principles, if properly understood and implemented, will definitely create a positive foundation for creating healthier, more productive franchise relations.

An understanding of these “sins” will allow franchisors to spot them as they arise.