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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 17th, 2019

Subway plans to overhaul their initial Franchisee Expansion

Subway Plans Franchisee Overhaul As we hurtle towards the end of 2018, it’s time to look back and reflect on some of the big franchise stories of the year. Earlier this year, franchise giant Subway made headlines when they implemented an aggressive restructuring program, closing or consolidating hundreds of stores across the US. Subway is ...

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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 January 7th, 2019

How Many On-Site Visits Should You Expect in Year 1?

What is the number of on-site visits for year one? One of the most advantageous elements of owning a franchise is that the franchise owners are never in it alone. Established franchisors have diverse teams of trainers, marketing professionals, and sales coaches to help guide owners to be profitable. When buying into a Transblue franchise, ...

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On January 3rd, 2019

Franchise expansion fueled by dedication to Franchisees

Franchisee’s Fuel Franchise Expansion  “After our discovery days, you leave wanting to buy a franchise.” So says Steve Strickland, CEO of Workout Anytime, which debuts on our Fast & Serious ranking in the No. 23 slot after growing sales and units 62 percent and 59 percent, respectively, from 2015-2017. The brand hit $53 million in sales ...

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On December 27th, 2018

How Does National Buying Power Help?

National Buying Power As additional franchised owned locations are opened in your region, the brand’s name recognition increases — further enhancing the value of each franchised unit. Economies of Scale. Any large organization has built-in economies of scale, which help with national buying power. Franchising is no different, and the economies of scale created by ...

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