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Securing prime territory is crucial for success in franchising. Being first in line allows you to choose the most lucrative areas, ensuring a strong customer base and minimal competition. Early adopters often benefit from establishing their brand presence before others have a chance to enter the market. Take our partner in Nashville, for example. By claiming the entire city for their franchise, they have positioned themselves to dominate the local market. This strategic move not only maximizes their potential for revenue but also solidifies their brand as the go-to provider in the area. Ultimately, being the first to secure the best territories can significantly impact your success as a franchise owner. It provides a competitive edge, higher visibility, and the opportunity to build a loyal customer base from the outset. Prioritizing territory selection can be a game-changer in achieving top franchise status.

Is Franchise Recruitment and Franchisee Performance Really That Hard? Franchising is a proven pathway to business expansion, but recent statistics reveal the evolving challenges franchisors face. In 2021, 96% of franchisors identified franchisee performance as their top priority. By 2023, 45% of franchisors cited franchisee recruitment as a key challenge. Do you fall into this bracket and don't know how to fix your system? Read the blog below to learn more! #franchiseevents #franchiserecruitment #franchiseeperformance Bruce McFarlane John Cooksey Jon Sully David Lindsay Scott Lindsay Devrim Todd Jane Garber-Rosenzweig Keith Doyle Vaughn McGuinness Tanya Robertson

Jack in the Box has inked a 12-unit franchising deal in the Chicago market. The brand also plans two CloudKitchens in downtown and eight company-owned locations to be developed in the Chicago suburbs. #franchising https://lnkd.in/eq-AVPda

Franchise Partner Recruitment Series PART ONE: Determining the Ideal Franchise Partner Profile Recruiting the right franchise partners starts with understanding who you’re looking for. It’s not just about financial qualifications—it’s about shared values, compatible goals, and a passion for the brand. Start by creating a detailed Ideal Candidate Persona. Consider: Skills & Experience: Do they need prior industry experience? Values & Goals: Are they aligned with your mission and vision? Personality Fit: Would they thrive within your franchise culture? A clear candidate persona ensures you attract individuals who not only can succeed but also want to succeed within your system. At Cornerstone Franchise Systems, we help franchisors define their ideal candidate and position their brand to attract them. Ready to refine your franchise recruitment strategy? Let’s connect. https://lnkd.in/g9SYHXx2

indeed Do the Feasibility Not everything is franchisable.

Franchise Success: Avoiding the Pitfalls Franchising offers a safer path to business ownership, but it's not foolproof. Many franchisees fail. Let's explore why and how to avoid those pitfalls. https://bit.ly/3XxEe9t #FranchiseTips #BusinessSuccess #Franchising

For much of my career, I never realised how important purpose has been. It can take a lot of introspection to understand what encourages us to jump out of bed and pursue the work we do. Within franchising, every franchisor needs to understand what their purpose is, but it’s also important for every franchisee. I prefer to refer to franchisees as ‘franchise partners’ because to build a successful franchise you need to have a partnership approach. That approach needs to include an alignment with purpose. So at the outset you have to identify: what is the franchisor’s purpose? What is the franchise partner’s purpose? And do they align? (to continue reading, go to https://lnkd.in/g_bvccKb)

40+ Franchise Statistics You’ll Want to Know for 2024. For many people across the nation, there’s comfort in visiting a franchise because you know what they offer and what to expect when you go there. That’s why there are over 790,000 franchise locations in the U.S. Read Blog to learn more : https://lnkd.in/g3_Qgigt

𝗙𝗿𝗮𝗻𝗰𝗵𝗶𝘀𝗲 𝗦𝘂𝗽𝗽𝗼𝗿𝘁: 𝗬𝗼𝘂𝗿 𝗦𝗲𝗰𝗿𝗲𝘁 𝗪𝗲𝗮𝗽𝗼𝗻 𝘁𝗼 𝗦𝘂𝗰𝗰𝗲𝘀𝘀 Thinking of franchising? A strong support system is crucial! Evaluate the franchisor's training programs and ongoing assistance before you invest. https://bit.ly/4dOAXt5 #FranchiseTips #InformedDecisions #Franchising #FranchisorSupport

𝗙𝗿𝗮𝗻𝗰𝗵𝗶𝘀𝗲 𝗦𝘂𝗽𝗽𝗼𝗿𝘁: 𝗬𝗼𝘂𝗿 𝗦𝗲𝗰𝗿𝗲𝘁 𝗪𝗲𝗮𝗽𝗼𝗻 𝘁𝗼 𝗦𝘂𝗰𝗰𝗲𝘀𝘀 Thinking of franchising? A strong support system is crucial! Evaluate the franchisor's training programs and ongoing assistance before you invest. https://bit.ly/4dOAXt5 #FranchiseTips #InformedDecisions #Franchising #FranchisorSupport