Franchize Consultants
New Zealand Franchising Consultants Firm
Callum Floyd is a Franchising & Licensing Expert, CFE, Consultant and Educator.
Franchisee tenure is an important reflection of franchise system health and franchisee satisfaction. If franchisee tenure is short, particularly compared with similar businesses, this is clearly important to know. Short tenure is challenging for a franchise system because: Overall franchise system growth is constrained (as well as the benefits associated with economies of scale), as …
KEY HIGHLIGHTS The Franchize Consultants’ April 2019 Franchising Confidence Index indicates continued subdued sentiment. Franchisor outlook for general business conditions (net negative 15%) dipped after a small lift in January sentiment at net negative 3%, whilst Service Providers sentiment negated the positive gains seen in January of net 19%, to indicate sentiment of net 0%. …
Franchisors operate in two business arenas. First is the business that came first; namely the business associated with finding and satisfying customers – and all that entails from a resource, value proposition, profit formula and process standpoint. Second, is the business of franchising which, while integrating with, and enabling the first, introduces its own factors …
Got a question that can’t wait? Give us a call, we’re happy to have an informal chat on 09 523 3858. Franchize Consultants is a specialist consulting firm focusing on franchising, licensing and other multi-site ownership forms. Our key services involve helping companies to: Evaluate and establish franchising and licensing networks, and, Improve established franchising and …
Got a question that can’t wait? Give us a call, we’re happy to have an informal chat 09 523 3858. Grow Your Business with expert help from Franchize Consultants. We are a leading, multi-award winning franchise consultancy. Book our free business growth consultation. Find out which business growth strategy is right for your business success. …
Got a question that can’t wait? Give us a call, we’re happy to have an informal chat 09 523 3858. INTERNATIONAL FRANCHISING SERVICES We provide essential services for anyone considering International Franchising. Success in one context does not guarantee success in another. There are large numbers of important factors that need to be considered when deciding …
Our research conducting comprehensive Franchise System Reviews and work with many franchisors, suggests an often-great opportunity to clarify the purpose of a field visitation programme. In turn, this helps create a platform for a more effective field visit programme – for the benefit of franchisors, franchisees, and field managers (themselves). Historically, it used to be …
Experienced franchisors know the difference between a Good and Great franchisee. More than 20 years ago, in my own research, a multi award- winning franchisor commented on the sometimes stark performance differential – even when controlling for other relevant factors: The new owners took it from $660,000 to $1,890,000 in less than three years. We’ve …
A franchisor leader needs to take care to be sufficiently detailed, consistent and specific in their communications and interactions with franchisees, whether by email, face-to-face discussion, presentation, agreements or follow-up. The formal nature of franchising means that detail and precision is needed. After all, franchise systems are governed by a formal framework, with the franchise …
Franchise systems need to have a franchisee communication and support plan that details what will happen and when. The franchisee support and communication plan should cover the multitude of elements relating to the franchise, like: Franchise conferences and regional meetings Field visits, ongoing training and business reviews Business and marketing planning and approval dates Audits, …
Garbage in, garbage out or GIGO is the phrase and acronym originating in Computer Science to explain the only too-common phenomena of outputs or arguments being flawed if their original premise or data was wrong. Best practice franchisors will ensure data collected for use is valid. Franchise systems and other chain organisations can benefit hugely …
Franchisors operate in a range of industries, and even those within the same sector can pursue a different strategic approach. That legitimately means the exact Franchise Support Office structure for one organisation may well differ from that of a direct competitor (of a similar size) – and for good reason. Notwithstanding, we know from our …