Home | About | Contact | Subscribe

FBRSpotlight

FBRPartners
Free Franchise Consultation
FranChoice provides a free consultation service for people considering franchise ownership. We can help you find a franchise that is your "perfect match."
Learn more about free consulting options

Franchise Financing Options
Guidant helps IRA and 401(k) holders purchase franchises and other assets using their retirement plans, without taking a taxable distribution or incurring penalties.
Learn more about financing options

FBRResources
BLOG POST
"I am between careers. I was laid off in January from a 27-year engineering career. I'm trying to juggle two possibilities at one time . . . (1) interview for jobs when they come up and, (2) look at franchise opportunities. I am continuing to research franchises as, frankly, a backup plan. . . I'd definitely like to get your opinion . . . ."
ARTICLE
Greg Nathan of the Franchise Relationships Institute has provided a set of 20 tips to help franchise leaders gain more trust from their franchisees. These are just a sample of the many tips he talks about in his webinars and Franchise Relations Boot Camps. Here at FBR, we believe that by following some, if not all, of these tips, the relationship between franchisor and franchisee can be a good one, possibly even a great one.
BLOG POST
A lack of trust has formed between many franchising partners and their corporate teams. When franchisees feel as though their concerns and questions are not being heard there is breakdown in franchisee/franchisor relations... Catherine Monson CEO of Fastsigns recognized the need to establish a strong franchisee and franchisor relationship. Catherine has worked with the corporate team at Fastsigns to implement a strategy of "getting back to basics".
BLOG POST
Evan Hackel of Ingage Consulting shares his Franchise Advisory Council White Paper
ARTICLE
World Franchising Network Selects 50 Top Franchises for Military Veterans

Foodservice franchisees prefer transparent, collaborative corporate cultures

by Jennifer Litz, Pizza Marketplace

30 Dec 2009

Restaurant franchisees that are part of a well-supported, transparent company culture rated their satisfaction with their franchisor and concept highest in Franchise Business Review’s recently released 2009 Top Food Franchises report. Franchise Business Review is an online independent research and information source for the franchise industry.

The report presented the most popular franchise concepts by franchisee satisfaction ratings. Marco’s Pizza, Papa Murphy’s Take ‘N’ Bake Pizza and Simple Simon’s Pizza were among the top-rated franchises here.

The report’s generating survey had 20 questions to rate satisfaction. Franchisees rated their franchises in five key areas: franchise relations, training and support, the overall system, financial opportunity and general satisfaction. Franchise Business Review tapped over 100 food-specific franchise companies; the final report list represented the top 12 concepts for franchisee satisfaction.

Elaborating on the report’s contents, Eric Stites, president of Franchise Business Review, said the best systems not only provide support at the home office level, but also have a corporate culture that fosters franchisee interaction and collaboration.

“Being able to pick up the phone and contact another other franchisee and bounce ideas off them [is important],” Stites said. “It’s that whole network. The best franchise systems do a lot to foster those relationships through mentoring programs, or regional program performance groups where regional [franchises] get together and share their operational playbook and best practices.

“It’s a very cultural thing; a company that’s good at sharing info and keeping things open will do well and rate highly with franchisees.”

Flexibility was another factor that was especially important to franchisees’ success and happiness this year.

The biggest sources of franchisor discontent this year included overzealous franchise salespeople who don’t paint an accurate picture of revenues, and ongoing corporate training and support.