Selling Your Franchise During Uncertain Markets? Plan Effectively, Franchisors!

Posted by Lance Blick on May 9, 2023 5:30:00 AM

Franchise businesses appeal to people for many reasons. Entrepreneurial types can bypass some of the challenges of getting a business concept past the planning stages and instead go with a proven concept that has been successful already many times overs. With the advantages of brand recognition, support from the franchise organization with everything from employee training to lease negotiation and minimized risk, it’s an option that makes a lot of sense to a lot of business people.

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Topics: Franchise & Services Industry

The Importance of Franchise Planning

Posted by Michaele Charles on Jul 18, 2022 10:00:00 PM

Franchise planning is an important part of growing a successful franchise. Very few businesses that start out as a single store or location think long term about franchise expansion. It’s easier to take opportunities when they arise. That said, long term, this can leave potential revenue on the table, and when you do start to expand (and franchise), lead to unbalanced territories and unhappy franchisees.

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Topics: Franchise & Services Industry, Market Potential

Manage Your Franchise Territories with SiteSeer

Posted by Lance Blick on Nov 24, 2021 11:00:00 AM

In today’s competitive market, no matter what kind of business you are, understanding your market is critical to your success. We’ve seen this scenario often: business concepts that did well with one area decides to franchise the concept regionally or nationally to any franchisee that meets their requirements.

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Topics: Franchise & Services Industry, Retail Site Selection, Site Selection Software, Site Selection Analysis, ATOM

Come Visit SiteSeer at ICSC RECon 2019!

Posted by Lance Blick on May 17, 2019 5:03:00 AM

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Topics: ICSC, Retail Industry, Landlord Rep Brokers & Owners Industry, Conferences, Tenant Rep Brokers & Developers Industry, Franchise & Services Industry

The Countdown to ICSC RECon is On!

Posted by Lance Blick on Mar 29, 2019 5:16:46 PM

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Topics: ICSC, Retail Industry, Landlord Rep Brokers & Owners Industry, Conferences, Tenant Rep Brokers & Developers Industry, Franchise & Services Industry

Why Investing in Site Selection is Critical to Your Business

Posted by Lance Blick on Sep 5, 2017 5:35:00 AM

When you’re opening a new business or expanding an existing one, there are a lot of decisions to make, but perhaps none is more important than choosing the right location. A bad location could mean the difference between success and failure and a mediocre location could mean you’re leaving thousands—or even millions—of dollars on the table every week.

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Topics: Retail Data Analysis, Retail Trade Area, Retail Industry, Franchise & Services Industry, Retail Site Selection

Are You Falling Flat with your Franchise Expansion Strategy?

Posted by Lance Blick on Mar 17, 2017 8:00:00 AM

If you’re a franchise organization, you know well how important it is to understand the markets into which you are expanding so you can maximize your potential and increase sales. Too often, franchise concepts come to us when they have 20 franchised locations when it would have been better to implement a consistent strategy from the start. While the shotgun approach to franchise expansion might not cause problems for a while, developing a territory plan before you sell more franchises will ensure that you don’t limit your overall capacity for growth. In other words, taking a smart approach to franchise development will allow you to sell more successful franchises in the long run.

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Topics: Retail Data Analysis, Smart Retail Growth, Market Data, Retail Industry, Franchise & Services Industry, Market Potential

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