How To

Building Brands: How To Expand From Multi-Unit To Multi-Brand Franchisee

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Franchising.com: With the trend of multi-unit franchising continuing to drive franchising into the 21st century, some progressive franchisees are looking for the next logical step in the progression of franchising’s ongoing and complex development. Many are finding that next step is through multi-brand franchising. Multi-brand franchising can offer a great additional growth tool for multi-unit […]

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How To Work Franchise Trade Shows

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FranchiseUpdate: Franchise shows have experienced an exciting rebirth during the past few years. The annual International Franchise Expo in Washington, D.C., as well as regional shows in the U.S. and international expos, have provided a valuable recruiting venue for generating qualified buyers. But not everybody is jumping aboard. Some franchisors confess they aren’t interested in

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WSI Educates Global Businesses On How To Leverage Facebook To Boost Their Marketing Results

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Franchising.com: Almost 900 businesses of all sizes and industries across the globe tuned in to learn how to leverage the world’s fastest growing social networking site in their marketing strategy. WSI, the world’s largest Internet marketing franchise as ranked by Entrepreneur Magazine, conducted a virtual training session entitled “Facebook Strategies for Businesses” on March 24,

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How A Franchise Goes Global

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Franchising.com: Taking a franchise brand international requires research, dedication, and a lot of hard work. And as we looked at last time, it requires strong relationships with the right people on the ground in the international countries. People like Americans Jake Weinstock and Paul Kuebler, who teamed up with Russian entrepreneur Vladimir Grumlik, to open

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Growing A Great Franchise

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Franchising World: Differentiate your franchise product, attract attention and secure sales to grow a great franchise. A franchise becomes great by having a lot of great franchisees, not just a lot of franchisees. A significant barrier in becoming great is that most franchise companies do not market their franchise opportunity well. They do not recognize

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How To Identify And Deal With A Financially Troubled Franchisee

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The Metropolitan Coporate Counsel: Franchisors dealing with financially distressed franchisees will find that three maxims generally hold true: an out-of-court work-out is usually preferable to a Chapter 11 filing or receivership; if bankruptcy or receivership is unavoidable, a pre-packaged or pre-negotiated restructure plan is usually more beneficial than one imposed by a court; and being

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Managing Your Franchisees

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Business Link: Franchising your business isn’t about selling franchises and then forgetting about them. You have a continuing relationship with your franchisees. As part of this, you must provide the support detailed in the franchise agreement. This can include: · helping them set up their franchise initially · providing training in how to run the

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