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Archive: January 2019

On January 22nd, 2019

Is 100% Franchise Satisfaction Achievable? 

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 ...

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On January 21st, 2019

Proper Adaptation for Franchisee Planning is Critical in 2019

Franchisee 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 ...

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On January 18th, 2019

Understanding The Buying Decision Process

The 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 ...

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On January 16th, 2019

Why are General Contractors Valuable in TransBlue Franchising?

What 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 ...

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On January 15th, 2019

Private Equity Is Buying More Franchisees and Franchise Systems

But, 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 ...

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On January 14th, 2019

Common Mistakes of Owning a Franchise and How TransBlue Uses Them

Top 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 ...

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On November 14th, 2018

Franchising success with Quiet Leadership

How 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 ...

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On November 13th, 2018

How does Support look, for a Franchisee?

Support 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 ...

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On November 7th, 2018

What it Means to Franchise a Business

What 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 ...

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On November 1st, 2018

A Day in the Life as a Franchisee

Ever 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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