Multi-Unit Franchisee Business Strategies

Succeeding Despite Economic Uncertainties

We are in interesting economic times, making it difficult for multi-unit franchisee business owners to determine their best path forward. Inflation, increased interest rates, talks of recession, ongoing supply chain issues, and labor shortages have multi-unit franchisees wondering how or if they need to readjust their business strategy.

Over five episodes, Michael Einbinder with Einbinder and Dunn and our very own succession planner Jeff Bannon discuss various business strategies successful multi-unit franchisee owners have implemented so they can ebb, flow and succeed in our fickle economic environment. You create many options at your fingertips by proactively addressing possible, probable, and potential issues.

This is one of many topics discussed in our Advancing Your Business, People, and Legacy Discussion Series. For podcast versions, visit our Succession Podcast page.

Strategies for Multi-Unit Franchisees to Succeed Despite Economic Uncertainties

Strategies for Multi-Unit Franchisees to Succeed Despite Economic Uncertainties

2022-10-11T10:49:04-05:00By Jeff Bannon|Advisor Collaboration, Multi-Unit Franchisee Business Strategies, Multi-Unit Franchising, Succession Blog, Video|

Even though Wall Street predicts 2022 and 2023 will have 10% growth in earnings and isn't currently anticipating any slowdown, many multi-unit franchisees have expressed concern over economic uncertainties. Talks of inflation, change in tax law, ongoing supply chain issues, and labor shortages have multi-unit franchisees wondering how or if [...]

Determining Your Best Multi-Unit Franchising Strategy

Determining Your Best Multi-Unit Franchising Strategy

2023-03-31T15:48:14-05:00By Jeff Bannon|Advisor Collaboration, Multi-Unit Franchisee Business Strategies, Multi-Unit Franchising, Succession Blog, Video|

We are in some interesting economic times, making it difficult to predict the future. As a result, many multi-unit franchisees wonder if it is time to hit the gas or break. We have talked to multi-unit franchisee owners who have the cash and are interested in investing in the future. [...]

Protect & Grow Your Multi-Unit Franchisee Business Investment

Protect & Grow Your Multi-Unit Franchisee Business Investment

2022-09-22T13:21:05-05:00By Jeff Bannon|Advisor Collaboration, Multi-Unit Franchisee Business Strategies, Multi-Unit Franchising, Succession Blog, Video|

Most entrepreneurs and multi-unit franchisees' long-term vision involves owning a business to build wealth, support a lifestyle and live off the cash after a one-day sale. However, successful owners know this dream can become a reality with the right business succession strategies, starting with the end in mind way before [...]

Incentives to Attract & Retain People For Multi-Unit Franchising Growth

Incentives to Attract & Retain People For Multi-Unit Franchising Growth

2022-09-22T13:13:29-05:00By Jeff Bannon|Advisor Collaboration, Multi-Unit Franchisee Business Strategies, Multi-Unit Franchising, Succession Blog, Video|

Labor shortages are impacting businesses of all industries. Finding the right person to fill an open seat in the organization has been a long-time struggle for business owners. Add on the impact of COVID; employers have to step up their recruiting game to retain and attract the best and the [...]

Building a Culture People Want

Building a Culture People Want

2022-09-22T13:14:42-05:00By Jeff Bannon|Advisor Collaboration, Multi-Unit Franchisee Business Strategies, Multi-Unit Franchising, Succession Blog, Video|

People are looking for four main characteristics when selecting an employer: Inspiration, Education, Autonomy, and Feedback. In our tight labor market, culture and opportunity for growth are often the deciding factors between someone choosing your company to work versus another. Successful business strategies depend on people. In this episode, Michael [...]