New crowdfunding regulations now allow franchisors and franchisees to sell securities through a less rigorous process than a full securities filing but risks must be considered. Conferring with experienced legal counsel before choosing this path is recommended.
Millennials are your future. Embrace them, because someday they will be the majority of your franchisees.
Incorporating tracking methods will provide better accountability for your marketing campaigns and more peace of mind.
Reviewing important issues that affect franchise businesses.
Corporate culture is often thought of as that “touchy-feely” stuff that is difficult to understand and handed to the Human Resources Department to manage. In fact, it is a critical business issue that has a direct impact on productivity and profit.
A friend of ours keeps a running list of “things people believe about themselves.” We all think we’re good drivers. We all think we don’t have an accent. We all think we’re easy to live with. And we all think everybody else takes way longer at the ATM.
Bringing on an EBITDA expert, or a role similar in nature, can have an immensely positive effect on your system that creates an increasingly attractive opportunity for potential franchise partners all while keeping your current franchisees happy and profitable.
Getting deals done, networking and educational sessions are just the tip of the iceberg for programming already lined up for IFA2018, which takes place Feb. 10-13 in Phoenix. The Music Paradigm, Shark Tank’s Daymond John serving as a special guest judge for the NextGen in Franchising Global Competition and the return of the Emerging Franchisor Bootcamp are just a handful of the exciting new events that will energize the biggest annual gathering of the worldwide franchising community.
As a direct result of Commercial Service’s efforts, Coldwell Banker has increased its knowledge and exposure worldwide. It has successfully tapped into the organization’s network of exceptional specialists to expand.
Calling all franchise suppliers: get engaged and educated about the benefits of an IFA membership through the IFA Supplier Forum Advisory Board. Get the most out of your membership by participating in advocacy events, the CFE program webinars and other initiatives that can help boost your franchise’s bottom line.