Blog

Tech Consolidation

Beginning with the END in MIND: The Argument for Technology Consolidation

Have you considered that when building your “tech-stack” that it can be very much like owning a house. Initially you tackle several DIY projects such as painting, replacing carpets, or remodeling your kitchen. But over the course of time, you recognize that your needs will go far beyond physical aesthetics. The question becomes “do you […]

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How Your Franchise Fee Structures Can Enhance Franchise Performance

A comprehensive study of over 2400 Franchise Disclosure Documents over a two-year period sheds great light on focusing on how varying fee structures including franchise fees, royalty fees, technology fees, and marketing costs can impact your franchise performance and growth. The Correlation of the Initial Franchise Fee and Higher Revenue Potential Initial Franchise Fees offers […]

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Franchise Territory Mapping: Everything You Need to Know

If you’re building a franchise, choose your locations carefully, as they can significantly affect your future success. Territory mapping helps franchisors determine where to place units to maximize profitability and reach. It’s a tricky process that depends on many variables, from customer demographics to the landscape of a city. Understanding territory mapping is crucial for […]

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Questions to Ask During an Interview Between a Franchisor and a Franchisee

Relationships are crucial to starting any successful franchise. During the initial interview with a franchisee, you want to learn about their business approach. After all, this person will be your partner for the foreseeable future. Like a traditional job interview, this discussion should be a two-way street. The franchisor and franchisee should evaluate each other […]

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