In a perfect world, you would be able to hand-pick every franchise owner in your system in order to set the brand and the franchisee up for success from the beginning—unfortunately, this is not typically the case. In order to find qualified franchise owners, you have to start by first increasing awareness about your brand to bring in qualified leads, and one of the best ways to do this is by investing in franchise development. Read on →

As a franchisor, you have quite a bit resting on your shoulders on a good day—throw a crisis into the mix, and things become far more complicated. Being able to display strong leadership in a crisis is an important skill to master on behalf of your employees to keep everything running as smoothly as possible even during turbulent times. How Franchisors Can Be Effective Crisis Leaders Be a Support System First Read on →

Business owners must deal with so many risks, including risks they cannot name. While preparing for natural disasters and other sudden emergencies is good, it is really best to make sure you are prepared for anything sudden that could possibly impact your business, not just things specific to certain events. Creating a general preparedness plan will keep you informed about what your actual risks are and make sure you are covered for any danger that may come your way. Read on →

When it comes to managing risks for your business, buying insurance is one of the best things you could possibly do. However, do not make the mistake of assuming that your general business policy is all you may need, as it can leave many gaps in your coverage. Many events might require extra policies to be purchased, and flooding is perhaps one of the most common and the most costly. Read on →

Spring-cleaning is a force of habit for many of us. As the weather warms up and the days get longer, we all feel a little bit more motivated to tackle our to-do list and projects—but do not forget to carry this mentality over to your digital life as well. Technology has totally changed how our workplaces operate, and chances are, you utilize it on a daily basis for your franchise’s operations. Read on →

While running a franchise can feel like a process that is highly focused on numbers and performance, your people are really what set the operation apart from the competition and serve as a catalyst for your success. Focusing your efforts on attracting and retaining talented employees is a smart investment for your business that will pay off for years to come. Recruiting and Supporting Successful Franchise Employees Solidify your franchise’s mission and purpose. Read on →

Owning a franchise brand is about more than just expanding your business. When you invite others to buy into your brand vision, you are also setting up a system of franchisees who will be looking to you for guidance—and who will be tasked with making sure the brand remains successful. Making sure your franchisees are happy and engaged throughout their career is an important focus for any franchisor to have. Read on →

Simply by being a franchise owner, everyone with a franchise carries some level of risk. While this may seem alarming at first, it is a perfectly normal part of owning a business of your own—as is planning to mitigate that risk as much as possible. To understand the risks you face, you have to be aware of the types of risks that are out there. While any risk is a threat no matter which category it comes from, breaking them down categorically can help you gain an understanding of what best to prepare for in each arena. Read on →

Interruption coverage for your business (also sometimes referred to as Business Income and Extra Expense Insurance) is an important addition to your general commercial policy, as it provides coverage for gaps in your revenue stream that your general insurance typically would not. For business owners, it is important to know what is and is not covered by interruption insurance to make sure you are protecting your investment. What Is Business Interruption Insurance? Read on →

Navigating the world of insurance as a business owner can be tricky. There are many coverages, policies and supplemental products to consider—and without a helping hand, it can be impossible to know what is worth your investment for your business. Thankfully, helping you reduce risk is what we do! We are here to help regarding the complications of commercial insurance. We put together some of the most common questions we get about commercial umbrella insurance, so you can determine if this supplemental coverage is a wise choice for your business to invest in. Read on →