There always seems to be a new, “HOT” franchise. American consumers can’t seem to get enough of what franchising serves up, especially if it is a fast, casual food concept.
One of the challenges most emerging franchises have in common is opening locations in a timely manner. Many brands sell like hotcakes and gobble up territory quickly. The question any prospective franchisee should ask before signing a franchise agreement is,
“How will you get my location open on time?”
Several years ago, I heard of a husband and wife team who were awarded an automotive franchise. Two years later a location hadn’t been secured. This scenario has happened with many brands throughout franchising - new and even established franchises alike can be overwhelmed by growth.
Tune in to today’s Franchise Minute podcast at 11:30 a.m. Eastern to learn two things:
What brand is shaking things up in franchising?
How is it able to open locations in a timely manner?
Get the insightful answers as I interview Storm Miller with the Rep’M Group. You’re not going to want to miss this!