Resources and information presented at the 2023 Convention in Vegas
With over 34-years as a leading sub sandwich franchise, Goodcents offers signature pillowy-soft bread baked fresh twice daily, along with meats and cheeses hand-sliced to order, hearty pasta and conveniently packaged dinner entrée options ready to go. With 67 units and growing, Goodcents is strategically positioned to meet the changing needs of customers and franchisees.
Annual Leadership Conference Resources
Business is all about control. But it’s not easy staying in control when you have to spend all day responding to clients.
The U.S. is facing a retirement crisis. To address this crisis, sixteen states and two cities have already passed legislation requiring employers to provide retirement benefits to employees. As of early 2023, Eight states have active programs where employers may be subject to penalties for non-compliance. Mandates may also apply to any company that may be based out-of-state but employ the minimum number of required workers in the state with the law in place. Is your franchise business compliant with the changing legislation?
Before the pandemic, the number of female business owners was growing at an unprecedented rate, with an increase of 45% from 2007 to 2016 compared to a 9% increase among all businesses. That’s an impressive five-times the national average! However, it’s worth noting that as of 2022, only 31% of small businesses and franchises are owned and run by women.
Founders of successful franchisors often reach a point where they are seeking a liquidity event – historically this has often meant selling control of the business. However, there is another option – a royalty transaction. This is exactly what the founders of a successful commercial cleaning franchisor selected this past November.
With the signing into law of the omnibus spending bill that included SECURE Act 2.0 of 2022 on Dec. 29, 2022, businesses and their employees can now capitalize on added incentives related to their retirement plans.
In a recent survey, 90% of consumers said they read responses to negative reviews. However, time spent monitoring reviews and writing responses is time away from day-to-day operations. Automating this task saves time and money while still addressing your customer’s needs. An AI-Powered Automated Review Response tool builds response templates around your top review sentiment keywords, and ensures that your reviews are responded to in a timely manner. Protect your brand with Automated Review Responses.
For businesses looking to emerge as the trusted brand in their industry, reputation is everything. A respectable star rating and a high volume of reviews influences new business through word-of-mouth, creates customer loyalty, and increases revenue. It also sparks interest from entrepreneurs looking to capitalize on the growing success of your brand. Success, however, doesn’t happen overnight. Here’s a rundown of the many ways Online Reputation Management strategy and AI-Powered technology can save time and money.