With 20 chapters throughout the country, the committee inspires female sector leaders to share wisdom and leadership with female franchisees, franchisors and suppliers throughout the year.
Franchise businesses and individuals working for franchise companies will benefit from President Donald Trump’s Executive Order signed June 15 as part of Workforce Development Week.
When Michael Seid, CFE, and Joyce Mazero asked me to write the Foreword for Franchise Management For Dummies, I jumped at the opportunity. Released in May, the book is a follow up to Franchising For Dummies, which Michael Seid co-authored with the late Dave Thomas, founder of Wendy’s.
Quality control is essential to the success of any organization. And this holds especially true for franchises. A franchisor’s key objective should be to sustain quality standards throughout its entire franchise system.
How to strike that important balance of openness and collaboration with your franchisees. Franchising is all about relationships — those between unit owners and their employees, franchisees and their customers, franchises and suppliers. But the most important relationship — the one that is really the bread and butter of the franchise business model — is the relationship between the franchisor and the franchisee.
Leaders must be in tune and set the tone with employees. Making yourself visible and approachable can go a long way in establishing rapport and relationships.
Successful franchisors constantly learn and innovate. It’s not enough to have a unique or first-to-market idea. You must constantly evolve and update your franchise to maintain steady growth. And if you set out to sell multi-units, demonstrating to the marketplace that you truly care about the community in which you operate will be critical.
When this Louisiana franchisee’s restaurant is destroyed by a massive flood, he embarks on a five-month journey to save his business.
Building a strong culture is not only crucial to company success, it helps you through good times and bad, stabilizes employment and boosts customer satisfaction… not to mention making the enterprise a great place to work.
Don Avena is making his franchise accessible to kids with autism, and hopes his efforts are already making a difference beyond his haircut salon.