Evan Carmichael Top Header about About About facebook Twitter YouTube Google+

How to Franchise Your Business Successfully - Managing Franchisees



Free PDF Download
Franchise Your Business the right way-We Buy Houses Guy Franchise - By Alan George

Name: Email:


Becoming a franchisor takes time, patience and the right kind of personality to be good in the business of franchising. Many entrepreneurs find the transition from working in a business to working on it as a franchisor difficult to make. Successfull entrepreneurs are typically "doers", they make it happen every day and are used to taking the ball and running with it whenever an opportunity arises. This of course works when you are running your own business and working in it every day, it doesn't work so well when you are working with franchisees, many of whom you only see 2-4 times per year.

Franchising takes patience. As a franchisor, you have to trust in the fact that even though you, as the originator of the business model, can train and provide the tools to someone else they need to be as successful as you are in the business and in operating the concept. If your business has been defined with the right systems and the operating model can be replicated in new markets, you should be able to show someone how to get their franchise up and running successfully. Our franchise development firm has seen a direct correlation with those who manage through positive reinforcement and the results they see from franchise partners in the field. We also have seen a direct correlation between the success of a franchise system and the franchisors who have the ability and instinct to delegate responsibilities.

Communication is key in franchising. Great communicators are often the best franchisors. Much of the business of franchise development is based on a franchisor's ability to connect with people and help them feel like they are cared for. Think of the big names in franchising, Ray Kroc with McDonalds, Fred Deluca with Subway and Colonel Sanders with Kentucky Fried Chicken. These people were phenomenal communicators and understood the power of a solid business relationship with their franchisees. People who rely too much on managing with an "iron fist" or 400 page FDD's typically don't make the best franchisors.


Related Articles

  The best franchise systems all have effective leadership.
  Franchises appealing more to mature recruits
  About 60% of all franchise opportunities have less than 50 units.
  Negotiating the Terms of Your Franchise Agreement
  Biggest Issues Potential Franchisees Need To Consider
  Explaining the Differences Between the UFOC and the FDD
  Franchisees and The 90 Day Window
  Handling Explosive Growth
  Franchisee checklist - assessing the franchisor
  Evaluating the franchisor
  Health food store franchises
  6 Attributes of Franchise Systems Worth Investing In
  Ethical franchising
  Researching Franchises: The Importance of Interviewing Existing Franchisees
  Franchise Operations Manuals
  Franchise Agreement Key Provisions
  International Expansion-Best Practices in Franchising
  Franchise Consultants - Best Practices
  Quiznos Franchise FAQs
  Paying Royalties might be the best money spent in your Business

Home > Franchises > Alan George > How to Franchise Your Business Successfully Managing Franchisees >

Free PDF Download
Franchise Your Business the right way-We Buy Houses Guy Franchise - By Alan George

Name: Email:

About the Author: Alan George

RSS for Alan's articles - Visit Alan's website
Mr. George is a specialist in franchise territory planning, franchise mapping and franchise strategic planning. Alan George has over 27 years advertising, sales and marketing experience. Most recently he held an executive position with GeoVue, a company that provides predictive analytics for franchise sales forecasting, site selection and market planning to retailers and restaurants. Prior to GeoVue, Mr. George was Director of Sales and Business Development at Tactician Corp, a franchise mapping company. At Tactician Corp, Mr. George worked extensively with retailers and restaurants providing site selection and geo-targeting tools. While at Tactician, Mr. George also worked closely with several franchise to help create territory mapping and optimizations. In his roles at Tactician and GeoVue, he worked closely with Franchise Development teams to create tools and approaches that helped his customers sell more franchises. Mr. George brings great experience in demographic analysis, understanding market potential, customer profiling, and sales territory design. Previous to his work in the franchise field, Mr. George also has a background which includes sales at the Boston Herald, where he was part of the 5th largest classified advertising sales teams in the United States. Mr. George also sits on advisory boards at local start-ups in the Boston, MA area, and is active in the entrepreneurial community in the Boston/Cambridge market. As part of that entrepreneurial spirit, he also has started his own sales consulting practice, with offers to provide sales training, recruiting, sales outsourcing, and a value proposition directed sales process implementation. His extensive network provides a vast list of sales, marketing and financing contacts  http://www.franchisemarketingsystems.com/contact-about-franchising-your-business/   781-438-0468
Click here to visit Alan's website.
Dashed Line

More from Alan George
Best Long-Term Investment
Business Case

Related Forum Posts

Re: Info for would be franchisers... Re: Info for would be franchisers...
Re: Enticing Franchises - Top 9 List Re: Enticing Franchises - Top 9 List
how much for a franchise fee? how much for a franchise fee?
Fed rate cuts . . . Fed rate cuts . . .
Re: Hello EvanCarmichaelers, and Thanks! Re: Hello EvanCarmichaelers, and Thanks!

Share this article. Fund someone's dream.

Share this post and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
Share for a Cause



Worksheets
By: Evan Carmichael

8 Powerful Steps to Finding Your Passion

Do you have what it takes to be an entrepreneur?

Does your pitch suck?

Create a plan of attach to launch your new business.

8-Cover

Like this page? PLEASE +1 it! Evan Signature
Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Design Days

5 Easy Ways To Improve Your Work Efficiency

Avoid These Employment Background Check Mistakes

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.