Our FGP approach arose in part for two primary reasons.
“We see too many rabbits running at a franchise speed, wildly out of control, while the tortoise continues to win the race.” -Scott Simcik
Your franchising achievement is possible even without fast growth! Similarly, franchise concepts that achieve high growth rates do not always do well in terms of corporate profitability and franchisee satisfaction. The overall correlation between growth, corporate profitability and franchisee satisfaction is highly misunderstood by new and existing franchisors.
Many “Top Franchise Concepts” are very different and may not include well known “growth miracles” such as McDonalds, Subway and Taco Bell. These top franchise concepts do not measure themselves by the number of locations, but on the strength of franchisee unit-level economics, corporate profitability and overall relationship satisfaction. FranData research company provides statistics to reflect that 70% of approximately 3,500 registered franchisors maintain less than 50 operating franchisees.
Franchise Growth Partners will deliver on its promise of excellence by showing you that being profitable as a franchisor has LESS to do with how many franchisees you have and MORE to do with your strategy, execution and financial management.
Call us today for a free consultation, as we have the passion to help you! 1-805-471-1682