The Franchise Fix: 12 Keys to Make the Most of your Franchise

 

There is a big confusion in the franchise world: franchisees believe that when they acquire the rights to duplicate a brand, they will receive everything they need to be successful. The reality is they only get one part of the formula. This causes unfulfilled expectations, constant frustration, tremendous struggle, hard work, and sometimes sadly, even failure.

But there’s a way to fix that to make the most of these businesses. I have found that there are 12 keys to being a successful franchisee. And I have portrayed them in The Franchise Fix, a book that collects my 30 plus years of experience in this industry, working with franchisors and franchisees and running operations, units, and brands.

Do you want to discover those best practices and how applying them can help you obtain financial and time freedom

How The Franchise Fix was born

After a 25-year career in the franchise world, I wanted to take a sabbatical and then go back into the corporate world to...

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10 Tips to Prepare your Organization for Growth 

(Part 5 of the Multi-Unit Franchising Conference)

Since a few weeks ago, I've been writing about the main takeaways of the Multi-Unit Franchising Conference, to share with you valuable knowledge and ideas that you can implement in your business. Today’s entry: Scale your organization for growth with 10 best practices from a franchisee panel. 

Watch the Multi-Unit Conference series subscribing to our YouTube Channel and register at the bottom of this post to read the rest of the related blogs once they get published.

  1. Trust your franchisor

It will be very difficult to grow if you are in constant fighting or disagreement with your franchisor. Bill Noble, multi-unit franchisee from Pearle Vision, advised: if you want to grow, you should follow the franchise systems because the brand already has the knowledge, experience, and proven reliability that the model works. 

Rather than spending your time to change something in your franchise, trust the model and the path...

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"The Challenge Culture" from the Former Dunkin Chairman

culture leadership Oct 13, 2021

(Part 3 of the Multi-unit Franchising Conference)

A couple of weeks ago I attended the Multi-unit Franchising Conference, and I’ve been sharing various blogs with the most interesting insights for your business success. In this post, I’m sharing the advice that Nigel Travis, CEO of Dunkin Donuts from 2009 to 2019, gave on how to transform your business culture

To watch the whole Multi-Unit Conference series, subscribe to our YouTube Channel and leave us your e-mail at the bottom of this post to get a notification on when the rest of the information is published.

Nigel held executive-level positions in brands such as Papa John’s, Blockbuster, and Burger King, and he wrote the book “The Challenge Culture, Why the Most Successful Organizations Run on Pushback”, where he shares his management philosophy. The topic of his session moved around this mindset.

What’s a challenge culture? He clarified that it doesn’t mean that the structure or...

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