Archive for August, 2008

Why do Franchisors fail?

Sunday, August 31st, 2008

This link will take you to an article about why Franchisors fail.  It is written by Mark Siebert at Entrepreneur.com 

 

This is an article all Franchisors should read.

 

http://www.msnbc.msn.com/id/26456157

FACTS software

Saturday, August 30th, 2008

My partners and I are franchisors or own stock in various franchise systems. We have years of experience in starting, running and managing businesses and franchises. 

FACTS was developed for our own companies.  As it evolved, it took on a life of its own and can be adapted to all industries.  We decided to share FACTS by providing it as a service to other franchisors.  We believe that every franchise system that cannot afford to spend hundreds of thousands of dollars to develop a similar program can benefit from the low monthly fee.

Every franchise system needs the benefits and detailed information available to manage compliance, reduce costs and increase revenue for the franchisor and franchisee alike.  Imagine running an efficient business where you have all your metrics and the franchisees metrics at your finger tips each month. A report that tells the support person and franchisee immediately what they have to target or change so the franchisee stays on track to meet their personal income goal projections at any point in the next three years.  Franchisees taking ownership of their success or failure instead of blaming you and/or your system because they have the ability to identify and correct a potential problem before it becomes a liability to their success. The peace of mind that comes from the knowledge you are consistent with compliance and have reduced your risk of litigation. Pinch me, I must be dreaming!  No more dreaming, it is FACTS.

Sue Bartman President Fran Compliance