Start off the New Year by committing to a new you! Now is the perfect time to follow through on that promise you’ve been making to yourself to start your own business. As a Jani-King franchise owner, you’ll benefit from a proven system that includes new customer account offerings, opportunities to network with other local franchisees, decades of established brand identity, uniform and equipment programs, and complete training.
IFA member companies and the hundreds of thousands of franchise owners around the country generate opportunities in communities every day. Franchising as a business model has spurred entrepreneurship in every corner of America and rapid growth around the world. In the U.S. alone, franchising accounts for 3% of GDP, 8.4 million jobs, and almost 800,000 commercial establishments delivering quality and value to their customers on a daily basis. Unfortunately, franchising is often misunderstood and recent reporting from the New York Times leads to common misperceptions about the business model – failing to include why it has worked for generations for hundreds of thousands of entrepreneurs and the millions of the people they support.
Scaling a franchise organization is risky business, especially during inflationary and recessionary periods. This is why a simple three-step solution that provides actionable financial insights at the click of a button, and is proven to slash risk while increasing profitability, is key to accelerated growth.
If you’re operating a business, you understand the benefits of advertising. The U.S. Small Business Administration recommends an ad spend of 7-8% of gross revenue for a business under $5 million in sales, and increases its recommendation to more than 10% of gross revenue for newer businesses in competitive spaces.
From the outside looking in, it’s easy to assume that digital marketing is just throwing together a couple of Facebook posts or typing a few emails. However, once you know what actually goes into a digital marketing strategy and the efforts your team must make on a daily basis, you realize it includes…
Stretch Zone Founder Jorden Gold pioneered practitioner-assisted stretching in an effort to help his “Pop-Pop” regain lost mobility and comfort due to diabetes. Over the next several years, he dedicated himself to becoming the most knowledgeable stretch practitioner in the industry. This success led Jorden to develop his assisted stretching method, resulting in a complete proprietary system including the protocols, methodologies, and tools that encapsulate the original Stretch Zone Table® and patented Stretch Zone Stabilization System.
If you are considering franchising to grow your personal Income, Lifestyle, Wealth and Equity, it is essential to understand why it is expected to grow in 2023. Many factors play into the industry’s growth, and you should know how these factors affect the future of your choices.
Does it really matter where you work? According to the results of a new study, it can have an enormous impact on your career in the long term. For franchises looking to attract and retain talent, it’s critical to determine what kind of employer the company wishes to be, and how its approach to promotion and career development fits with that strategy.
As we’re closing out 2022 and ringing in 2023, let’s celebrate the wins, learn from the past, and prepare for the future. Three big challenges face franchise owners today: attracting talent, retaining talent, and balancing multiple responsibilities.
The International Franchise Association will host our annual franchise Convention in Las Vegas, Nevada from February 26 to March 1, 2023. Every year, the convention helps franchisees and franchisors explore franchise best practices in the areas of business development, staff learning, franchise operations, financial planning, legal strategies, and more.