franchising

How Company Culture Can Improve Your Franchise

How Company Culture Can Improve Your Franchise

Company culture refers to the values, behaviors, policies, and interactions that give an organization its identity. By creating a positive company culture, you can improve the performance of your franchise, create a more motivated and engaged team, provide a shared sense of purpose, and establish a favorable reputation. Below we’ll explore the ways company culture …

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How to Become Aware of Bias when Evaluating Employees

How to Become Aware of Bias When Evaluating Employees

Employee evaluation plays an important part in ensuring that franchise businesses succeed. Unconscious biases can not only make the evaluation process less accurate, it can alienate your team members and cultivate unnecessary tension. These strategies can help you become more aware of bias when evaluating employees. Encourage Self-Assessments One way to become more aware of …

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How Franchisees are Adapting to the New Economy

How Franchisees are Adapting to the New Economy

COVID-19 has drastically altered the economy, forcing businesses and industries to adapt to a new normal. Social distancing guidelines have forced many stores and restaurants to close their shops and switch to operating remotely. Franchisees have been hit hard by the economic downturn, but many are weathering the storm and some are even prospering more …

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More Millennials Are Considering Franchise Opportunities

More Millennials Are Considering Franchise Opportunities

From coffee shops to convenience stores, one trend we are following closely is the fact that millennials are starting businesses at a younger age than previous generations. Since they represent the future, it’s important to ensure that franchise systems are set up to attract younger owners. Here is why more millennials are considering franchise opportunities, …

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