The Franchise Relationships Institute will be hosting its third annual Multi-Unit Summit for franchisees and franchisors on March 10 and 11 in Melbourne, to address the particular challenges of multi-unit franchising.
Research by the Institute shows the biggest internal challenges facing multi-unit franchisees include raising capital to continue expansion, keeping teams motivated and finding suitable mentors to provide the guidance they need to take on a new level of leadership.
Multi-unit franchisees are much less satisfied with their franchisor relationship and the practical support received, compared to single unit franchisees, said registered psychologist and managing director of the Franchise Relationships Institute, Greg Nathan.
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