Why Franchisors and Franchisees are Grateful for Each Other

gratitude

Franchise brands are successful only when the franchisor and its franchisees share a common goal and appreciate each other. Below are just a few reasons both are grateful for each other.

If you are a franchisee:

  • The franchisor started a business, took the risk, and created systems.
  • The franchisor shares his or her experience with me so I don’t have to make the same mistakes.
  • The franchisor is thinking of ways for me to improve my bottom line.
  • The franchisor has trained me and continues to train me.
  • The franchisor invests in staff to support me.
  • The franchisor spends a lot of money in R & D to ensure that my business has a future.

If you are a franchisor:

  • Franchisees believe in my concept and in me.
  • Franchisees trust me and invested their life savings in my business idea.
  • Franchisees paid me and continue to pay me money.
  • Franchisees represent me every single day in their communities.
  • Franchisees have stepped out of their comfort zone to implement my system.
  • Franchisees share their ideas with me and they also help each other.

The above points were excerpted from Expansion Experts‘ article titled “Franchisors, Franchisees: Are You Grateful?”.

To see a list of franchisors who make valuing their franchisees a priority, click here.

As the Editorial Director at Franchise Business Review, Emma Pearson reports regularly on today's top franchise opportunities and the latest trends in franchising. She also writes and oversees the publishing of Franchise Business Review's annual Top Franchises, Top Low-Cost Franchises, Top Franchises for Veterans and many other specialized franchise reports. They feature the only lists of top franchises based on feedback from those who know best - the franchisees who own them.

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