Now that Millennial's are setting the pace, failing to adapt to their interests, habits and beliefs can be fatal, and in franchising you are putting a network of business owners at risk.
As we approach the holiday shopping season employers are scrambling to hire temporary workers. But as headcounts grow, if temps aren’t properly screened, companies could face costly consequences that could jeopardize their organization.
Securing the right location is also just as critical to the success of the franchisor — so the right real estate selection is fundamental to both parties’ success.
I was speaking with a CEO of a national restaurant franchisor recently about his company’s approach to leveraging the buying power of its franchisees and corporate units in order to negotiate sustainable attractive production, pricing and delivery terms for products sold to the franchise system.