Here at FBR we are proud of our award-winning clients, and have put together 12 tips for successfully promoting your high franchisee satisfaction! We know it takes a lot of hard work and dedication to your franchisees to maintain high satisfaction ratings - So part of your gratification should be publicizing it!
Home Instead Senior Ranks Best in Category for Franchise Business Review's 2010 Franchise Satisfaction Awards. Home Instead continues to believe that franchisee satisfaction is a monumental indicator of development and success.
Take a look at our 2010 list of award-winning franchises! We are proud to announce 133 franchise companies - out of over 500 brands surveyed this year - that are doing things right and putting their franchisees first.
Wow... that's a tough one! It's similar to buying a car or a house - there is a huge range in price between various franchise opportunities. What's important to understand are three key pieces of information related to cost: 1.) initial capital required, 2.) total initial investment, and 3.) on-going or recurring costs. Here's the breakdown...
It has been said if you can think of a business model, someone has already thought about it and is franchising it! Hundreds of new concepts pop up but whether that franchise will survive is really about if it's a solid opportunity with the support and interest to sustain it.
Awareness of the environment and eating organic has gained awareness as the Green Movement with consumers. People and Businesses are trying to practice social and environmental responsibility, and of course the franchise world has taken notice and is following suit! I decided to Google "organic franchises" to see what popped up. I found a super market concept, similar to Whole Foods. They have 1 corporate location and looking to grow through franchising. An organic coffee chain, also 1 corporate owned location. An organic pizza chain with 3 stores opened, and 20 stores set to up soon, and a lawn care company with over 50 units. It seems to be the start of a new sector of franchising, and could be a great way to get into a business with consumers looking for more and more green alternatives. It may possibly be a fad that fades away in 5 years...
My point is you still have to do your homework. You can't get swept up in the moment of a great idea- TALK to the owner, recognize if you want to be part of the beginning of a system. You might like the idea that you can help shape the franchise system, and get in at the beginning. Or you may be looking at a franchise for the brand recognition and starting small and in a new market may scare you. Find out if your region is embracing the Green Movement and if you are ready to help build the momentum!
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