The statistics involving the lifespan of a family business are kind of grim. While there are a lot of family businesses in the United States — 5.5 million, per some accounts — they don’t all stick around. According to Harvard Business Review, 70 percent of family businesses never become a business run by the second generation. Only 10 percent make it to a third generation.
The CEO and Founder of Young Rembrandts talks about the positive impact international expansion can have on children’s franchises.
Figuring out what digital campaign is best for your brand.
Welcome to the Franchise Labor Compliance page, a resource for franchise business owners looking to learn more about current labor and workforce challenges, including best practices for compliance and communication strategies with your employees. These resources will help managers, supervisors, and employers understand their rights, responsibilities, and legal restrictions when facing a union organizing campaign:
Sit at a table with 8-10 of your fellow attendees and share ideas, challenges and solutions focused on a specific topic assigned to that table. This is an opportunity to have an open forum discussion with a small group of your peers to discuss mistakes, lessons learned and success stories. Everyone participates at the table to get the most out of the discussions which are led by franchise experts. Please refer to the MITcon Mobile App for up-to-date table topic and facilitator information.
Tips for your business on how to overcome a sales slump and maintain transparency through it.
Franchise owners discuss the importance of taking a step back from your business to better it in the long run.
A timeline of where franchising started and what it looks like in today’s world through business operations and organizational development.
An article on how a unique and compelling franchise story becomes a script to guiding your brand.
Adam Chandler of Eulerity talks about the common miscommunications that occur within a business and what you can do to prevent them. Chandler tells you how to convey your ideas, projects or marketing systems effectively.