FranConnect — page 2

FranConnect's franchise sales data suggests a potential recession in 2023, with a decline in leads and sales.

Franchisors face a backlog of new owners, with many units sold but not yet opened, as franchise development struggles to keep pace with demand.

Trend alerts to assist you with your international expansion plans

Franchisors are responsible for determining a suitable budget to spend each year on generating leads and bringing prospects through the sales funnel.

FranConnect acquired World Manager, a global provider of learning management and front-line employee engagement solutions to multi-location businesses.

Implementing a technology fee in a franchise's FDD can help ensure the brand stays competitive by adapting to the latest trends and market changes.

Franchising professionals offered marketing tips to drive quality leads, emphasizing the importance of trying out different tactics and developing a robust marketing campaign.

During the Covid-19 pandemic, franchisors were forced to work with their international licensees remotely, leading to increased communication but also challenges in identifying and correcting operations and development problems.

Franchisors can improve franchisee engagement by setting clear expectations and goals, creating an effective engagement program.

Franchising technology has come a long way, with brands and franchisees leveraging cloud-based software and platforms to gain valuable data and improve customer services.

Engaged franchisees are more likely to stick around and contribute to the growth of the brand, creating a positive feedback loop.

Summer is approaching and gyms everywhere are packed with people getting ready to show off their hard work.

Trend alerts to assist you with your international expansion plans

Franchise brokers can help prospective franchisees navigate the due diligence process, providing valuable research and data to find the right franchise opportunity.

After beginning to franchise last year, the brand opened two new locations in 2021, and has 10 more expected to open in the first quarter of this year.

Trend alerts to assist you with your international expansion plans

Franchisors are advised to focus on the overall experience of their franchisees, rather than just finances, to ensure success and growth.

Franchise scorecards can help franchisors and franchisees track performance and key metrics, empowering continuous improvement.

The 15 most important restaurant franchise KPIs to measure, including average online rating and sales and marketing metrics.

Roll-Em-Up Taquitos has announced five strategic tech partnerships, deepening its bench of partners in the technology space.

Email marketing remains a powerful recruitment tool for franchises, with open and read rates up nearly 20% from 2019.

Trend alerts to assist you with your international expansion plans

A list of approaches to finding and hiring staff in the post-COVID economy is presented.

FranConnect releases the 2021 Franchise Sales Index Report, highlighting key findings on lead generation and total deals closed.