With new federal laws posing challenges to the business model, it’s critical for those involved in the industry to gather in Las Vegas and present a unified voice about the positive impacts of franchising on local communities.

Of the 277,950-plus employees the franchise industry hired last year, roughly 27,795 were labeled as bad hires. That’s one out of every 10 employees.

Once you’ve made a decision to start a FAC, there are a number of factors to consider, including whether to start an association or FAC, how many members should be involved, how long the terms should be for members, and what powers members will have

Sooner rather than later,  franchisors should consider how to adapt their trademark protection strategy in the U.K. and EU to take account of impending changes resulting from Brexit.

In its final year, the Obama Administration has been churning out new regulations at a feverish pace, sometimes issuing hundreds of new regulations each day. One recent safety and health regulation may greatly affect franchises in numerous business lines.

Serving others demands many skills, including dedication, humility and a passion to give back to those in need.

The competitive edge and work-life balance is found in the mindful process of stepping back, prioritizing the choices coming in, and making good decisions on the things that really impact results.

As your franchise matures, one of your greatest assets to new franchisees is a system of franchise veterans, who were once in their shoes and understand any challenges they may face, a trusted peer and extended family member they can turn to for support at any given moment. Easier said than done. Encouraging a system of nurturing support isn’t simple, but is often high on a prospective franchisee’s checklist of must-haves. To create this type of environment, you need to start by having the right people in place, supplying the leadership, vision and framework and creating opportunities for franchisee interaction.

A quality organic search engine optimization (SEO) plan is critical to any franchise system’s digital marketing strategy.

A custom system allows you to improve speed of sales, cash control and inventory issues and keep general managers focused on the business. Plus, it’s an investment that should pay for itself over time.