Did you know that if you promote from within your organization, you increase your chances of success than if you hire an external candidate?
The reason is simple: you know that person, their work ethic, and if they are a cultural fit to your organization, as well as their operational abilities and skills, and how they manage operations. All of this information gives you a window view into how they perform if you promote them. However, you have to do it the right way to secure success.
Want to be successful when promoting from within? Take note of these six characteristics that the best district managers possess.
This is probably one of the most important aspects the...
(Part 3 of the Multi-Unit Franchising Conference 2023)
As I’ve been doing in the past few weeks, in today's blog post I’ll review the insights of one of the Multi-Unit Franchising Conference 2023 sessions I participated in. Now it’s turn to discuss how to develop the next generation of leaders in your organization.
The franchise industry allows people to grow within the business structure thanks to the design of systems and processes. This model can also help them achieve the American dream of business ownership and success.
The reality is that among the franchise enterprises, there are many superstar employees, just like I was, that are hungry to grow and succeed. These employees are looking for their next opportunity and it is up to you, as a franchisee, to offer...
In the summer of 2023, The American Franchise Academy will celebrate its 7th anniversary helping franchisees build successful multi-unit enterprises through quality training programs. And yet, many people out there still don't know who we are within the franchise industry.
So, in this blog post, we’ll go over who we are, what we do, and how we deliver the resources that franchisees need to be successful and achieve their financial and business goals.
But first, I’ll introduce myself because I believe that for you to understand any company, you need to know who the founder is and what’s their story, why the company was created, and what is their mission, vision, and values.
My name is Aicha Bascaro and I am the founder and CEO of The American Franchise Academy. I love to help people materialize the American dream of business ownership through franchising.
I’m an immigrant and I...
Everyone wants to have great leaders in their organization. And the number one way to have them is if you as a business owner are a great leader yourself.
As a continuation of our last blog post, on this one, we’ll be covering the second six actions of an effective leader. We, at The American Franchise Academy, have identified these as the principles that no matter the time, the person, or the generation, are intrinsic to great leaders.
These are not just characteristics, but actions of a leader. This is what great leaders actually do.
Look at these 12 actions and proactively and consciously exercise them every day in your interactions with your people. Through that practice, you will become a great leader!
...
What makes a great leader? There are many definitions to answer that question. Across the different leadership positions I’ve had, and the many CEOs and directors I’ve worked with in my +30 years of experience in the franchise industry, I have seen what a good leader looks like, what a bad one does, and the characteristics of great leaders
I love it because it tells us how being a great leader is about inspiring others to be a better version of themselves. Not only is it an honorable thing, but a great purpose in life.
How can we inspire people? We can motivate them to improve themselves through our actions because people don't do what we say, they follow what we do.
Here at The American Franchise Academy, we have defined...
If a district manager is not doing a good job, perhaps it’s because they don't have the guidance or the training to do so, especially for those that used to be unit managers. After all, the abilities and skills that made them thrive then are not the same as what makes a successful multi-unit leader.
Think about it! A unit or general manager’s job is dictated by the day-to-day operations of the brand and the business they run every day in those four walls. But what the multi-unit leaders do completely depends on the district’s situation as well as on what happens in each unit within the district.
That’s why the set of abilities they need to be successful at this position is completely different from that of a successful unit manager.
Over our many years of experience, analysis, research, and having worked with over 100 district managers,...
In the spring of 2021, we launched our best-in-class Multi-Unit Leadership Certification program, and 100 participants have completed the program so far.
That’s why in this blog post, I’ll share the top 10 learnings we have had. These things have been eye-opening and some have helped us adjust our program to make it even better.
Lesson 1: most multi-unit leaders are what we call “super GMs” because they do not understand what is their role as a multi-unit leader and district manager. That role is completely different from the one...
Certain leadership positions are critical for the health, well-being, and success of your business. These are the unit manager, assistant manager, shift manager, and district manager.
Especially if you have a growing multi-unit organization, those positions will open from time to time. Where will you look for talent to fulfill them?
There’s great value in doing internal promotions instead of looking for an external collaborator because, when you promote from within, you increase your possibilities of success.
There are more reasons why:
Even though there is a staffing crisis in the country, some employers are doing okay or much better than others. Why? Because they have a great employer brand.
Your employer branding will determine how easy or difficult it is going to be to get the staff you need and retain great people.
The good news is that there are ways you can increase it so that you can thrive in this staffing war that is happening in our industry. That’s what we’ll review in this blog post.
People that are looking for a job tend to ask their friends about where they work.
During a job interview, interviewers often ask about the candidate’s previous job, what they liked and dislike about working there, and why they leave.
As a matter of fact, in almost every...
What a year it has been! Yes, the last three years were significantly difficult for the industry, but 2022 definitely earned its name as “a comeback kid”.
Let’s review the aspects that marked this past year, between the positive things, the most impactful, and the learnings that all these events taught us to prepare ourselves and our organizations for 2023.
The last 12 months were amazing for the growth of many brands across industries, especially those that had the systems and the infrastructure ready to combat the problems and take advantage of the opportunities.
A lot of this explosive growth in 2022 was fueled by the fact that, early in the year, there was a low cost of capital for franchise developers. The scenario...
50% Complete
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.