By

Kelsey Smith
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The New C-Suite Position Franchisors Don’t Know They Need

Written by Keith Gerson, CFE – Gerson Advisory Services

As a franchisor, it can feel awkward to refer to your franchisees as customers, right? But by and large – they really are. As the franchisor, you can control the things that are defined in your franchise agreement, but at the end of the day these franchisees are not your employees. Thus, influencing what they do daily and dictating how they run their business is entirely up to them.

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FranConnect Expands Leadership Team

Promoting Ian Walsh to Newly Created Position of Chief Operating Officer

HERNDON, Va., Dec. 8, 2021 /PRNewswire/ — FranConnect, the leading provider of franchise management solutions for driving success in franchise sales, operations, and marketing, announced today it has expanded its C-suite, promoting current marketing leader Ian Walsh to the newly established position of Chief Operating Officer. Walsh is charged with overseeing the company’s cohesive approach to all forward-facing customer operations, from customer enablement and adoption to retention and market development.

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Top 3 Ways Early Tech Investments Can Help Your Emerging Franchise Grow

If you’re part of an emerging franchise business, chances are, you’re familiar with software and other tech solutions that promise to make life easier for franchising. But aren’t those products built for large enterprises…  would they work for a ‘startup’?  And does it even make sense to invest in technology at an early stage before you’ve mastered your processes and built a winning team?

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FranNet and FranConnect Announce Partnership to Benefit Franchise Partners

LOUISVILLE, Ky. and HERNDON, Va. — Franchise industry powerhouses FranConnect and FranNet have announced a new partnership that will allow them to harness the power of their respective specialties in an effort to empower brands and their future partners.

FranNet, North America’s most respected leader in matching individuals with franchise ownership opportunities, brings its proprietary profiling tool and local franchise experts to the partnership, while FranConnect, the leading provider of franchise management solutions for driving success in franchise sales, operations and marketing, offers a full array of solutions for operators.

“This collaboration is a win/win for both FranConnect and FranNet,” said Keith Gerson, CFE, President of Franchise Operations at FranConnect. “But the biggest winners are our partner brands, who will benefit from our respective expertise in the franchise arena, including proven-franchise leadership and best in class tools and methodologies.”

The partnership between the brands — which features full integration between the two companies’ software platforms – allows them to offer their services as a one-stop, single package that takes brands from franchisee recruitment to franchise management.

FranNet’s Entrepreneur Profile uses a series of psychometric assessments to equip franchisors with insights about their candidates, enabling companies to make informed decisions about current and prospective franchisees.

FranConnect’s software helps franchisors and multi-unit businesses simplify their growth journey. Used by brands of all sizes, FranConnect’s powerful cloud platform can help you sell and open more units, increase unit revenue and profitability, streamline operations, and improve franchisee engagement.

“With a mutual goal of eliminating uncertainty by selecting the right franchise partners in the first place, then fine-tuning their operations and processes, the groundbreaking partnership is an exciting solution for brands looking to grow,” said Jania Bailey, CEO of FranNet.

“According to FranConnect’s 2021 mid-year Franchise Sales Index, FranNet has the highest lead-to-deal conversion rate among major franchise referral networks. We believe that this ​​illustrates how we help make FranConnect customers more successful and that, together, we can provide franchise brands with everything they need to build effective and successful franchise partnerships.”

About FranNet

FranNet is North America’s most respected leader in matching individuals with franchise ownership opportunities. Founded in 1987, FranNet has more than 100 experienced consultants across the United States, Canada, Germany and the United Kingdom. FranNet uses a proprietary profiling and consultative process to determine a business model unique to each client’s goals, skill sets and interests, and has matched thousands of prospective business owners to rewarding small business franchise opportunities. Based in Louisville, Kentucky, FranNet has been recognized by Inc. magazine as one of the fastest growing private companies in America for the last five years.

About FranConnect, Inc.

FranConnect is the leading franchise management software provider. For 20 years, the FranConnect platform has served as the sales, operations, and marketing backbone for over 800 brands worldwide. Nine of the Franchise Times Top 10 Fastest-Growing franchise businesses rely on FranConnect to drive growth, improve profitability, and streamline operational performance. FranConnect customers span all sizes, growth phases, and industries and they grow 44% faster on average than the broader franchising market. Backed by private-equity investor Serent Capital, FranConnect is headquartered in Herndon, Virginia, with global follow-the-sun operations. For more information on FranConnect, visit www.franconnect.com.

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11 Surprising Things You Can Do On Your Next Franchisee Visit

A visit from a Franchise Businesss Consultant (FBC) can stir up a lot for franchisees. Some can see the FBC as a checklist-wielding intruder, while others may see it as a major disruption – like the Kool-Aid man bursting into the side of their operations when they are trying to get stuff done. While using your checklist is needed, why not provide them with some surprise value during the franchisee visit? Check out the tips below to learn more.

 

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Continuous Learning: Benefits in the Workplace

Learning and innovation go hand in hand. The arrogance of success is to think that what you did yesterday will be sufficient for tomorrow.

– William Pollard

Why Continuous Learning is the Foundation of Organizational Growth

Perhaps you’ve noticed a buzz around continual, constant, or continuous learning. But what is it, exactly? A good place to start is with a continuous learning definition. (more…)

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