These are questions that franchisors submitted as part of the WednesdayWise Webinar on Franchise Development but that were not answered due to time constraints. What is the common denominator for the quick growth of these brick and mortar brands. Do you separate by size of square footage needed? (Asked by a Beauty Salon Franchise) Many […]
63% of franchisees in this set own between 3 and 5 Checkers and Rally’s. Many of these franchisees have transitioned from corporate roles or initial small-scale ownership to managing larger portfolios. This growth often involved strategic diversification across various brands. The multi-unit owners in this list also own 27 other brands, including Coffee Shops like […]
With nearly 1,900 franchisees most owning more than 1 brand (176 distinct brands represented!), the network of Dunkin’ Donuts franchise owners is as varied as it is vast. Let’s marinate on why this number is so important — One Hundred and Seventy- Six Brands – 176. That means that the multi-branded Dunkin franchisees have experience […]
Many businesses face significant hurdles when it comes to finding franchisee decision makers. Clients often come to us frustrated, realizing that what seemed like a simple task has turned into a complex and time-consuming process. Here are several reasons why locating accurate franchisee contact data can be so challenging: 1. Franchising: A Business Model, Not […]
In the face of economic challenges and changing market dynamics, franchisee recruitment takes creativity and agility. Franchisors need to adopt innovative strategies to recruit the right franchisees. Here are some effective approaches to consider when it comes to franchisee recruitment: Expand your Franchisee Recruitment Network: Franchisors should tap into their existing network of vendors, franchise […]