It is for Transblue, and here’s how franchise satisfaction is done. Help You Develop Your Business Transblue provides regular access to useful and relevant business information that will help you grow your business and stay in control of your financial position. Using a benchmarking program that shares results on agreed key performance indicators is a ...
read moreFranchisee planning is critical for Franchises At the close of 2018, Bloomberg reported in the article, “American Chain Restaurants Had a Tough Year and 2019 Looks Worse,” that chain restaurants in the US could face a tough year ahead. This is a continuation of a weaker 2018 with franchise restaurants seeing slower customer traffic, giants ...
read moreThe Buying Decision Process New Year, New Career? It’s January, the start of a brand new year, and historically January is a month when franchisors are flooded with inquiries from potential recruits whose New Year resolutions include looking for a new career or challenge, seeking a change in direction or simply trying to escape a ...
read moreWhat is a Contractor? Understanding the role of general contractors and subcontractors in making these projects happen can help you better optimize the results of your own construction management franchise business. Especially for us here at TransBlue, who uses work from general contractors.First, let’s look at what it means to be a general contractor or ...
read moreBut, there are key legal issues of private equity buying franchisees and franchise systems Attracted by the credible promise of a stable revenue stream in franchisee-paid royalties and limited capital investment, private equity investors’ interest in acquiring franchise chains has been increasing. As equity firms keep buying franchisees and franchise systems, certain legal issues might ...
read moreTop Mistakes when Owning Franchise If you’re looking to become a business owner, buying a franchise might be your ticket to self-employment. Rather than coming up with a unique business idea and mapping it out, by buying a franchise, you’re simply piggybacking on the success of an already established brand. It’s a great way to ...
read moreHow Quiet Leadership leads to success in the business word In the early days of franchising, the mission was clear: Franchisors make their success off the success of their franchisees. Today, that premise is hard to find in many convoluted franchise business models, which are present to would-be-buyers in franchise disclosure documents. Many are over ...
read moreSupport is needed for any franchisee Support for a franchise is key to the Franchisee’s success at every level. A multitude of variables surrounding Franchisee support from the Franchise HQ can be an integral factor in success. This includes aspects surrounding a Proven System, Ongoing Training, Vendor and Client Procurement, Marketing Assistance, Available Resources, and ...
read moreWhat it Means to Franchise a Business and why it benefits you Legally speaking, what it means to franchise a business is pretty straightforward. A business provides an outside entity the rights and licenses to work as a representative of that business. This is typically through an equity position and governed by established rules. But ...
read moreEver wondered about life as a franchisee? Life as a franchisee is the American dream! Below, Dave Wescott, TransBlue’s CEO, goes through a day in the life as a franchisee. Imagine waking up ready to go. Your day planned, your operations under control, your business running smoothly, profits rolling in. The investment you have made ...
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