Successful Franchisor Columbus OH

There are many factors that contribute to a successful franchise. Chief among these is having the right people in charge of the franchise. Over the years, I've noticed several other characteristics shared by successful franchisors. Obviously, adherence to the following list will not guarantee success, but it will certainly put you far ahead of the average new franchisor.

Judith Leanne Marsh
52 E GAY ST
COLUMBUS, OH
Specialties
Business, Commercial, Contracts, Bankruptcy, Franchising
Education
Ohio State University Moritz College of Law,Albion College
State Licensing
Ohio

Jennifer Anne Naumoff
52 E GAY ST
COLUMBUS, OH
Specialties
Business, Commercial, Contracts, Internet, Franchising
Education
Ohio State University Moritz College of Law,Miami University of Ohio
State Licensing
Ohio

Donald Timothy Hughes
250 CIVIC CENTER DR STE 500
COLUMBUS, OH
Specialties
Business, Franchising, Intellectual Property, Workers Compensation
Education
Cleveland-Marshal College of Law,Kent State University
State Licensing
Ohio

Michael Edward Elliott
(216) 696-2877
925 Euclid Avenue
Cleveland, OH
Specialties
Bankruptcy, Business, Financial Markets And Services, Franchising, Commercial
Education
Case Western Reserve University School of Law,Kenyon College
State Licensing
Florida, Ohio

Mariann Elaine Butch
200 PUBLIC SQ B P AMERICA BLDG
CLEVELAND, OH
Specialties
Lawsuits & Disputes, Franchising, Litigation
Education
Case Western Reserve University School of Law,University of Michigan
State Licensing
Ohio

Herbert Alan Hedden
(614) 464-6430
52 E GAY ST
COLUMBUS, OH
Specialties
Business, Commercial, Contracts, Franchising
Education
George Washington University National Law Center,Harvard University,University of North Carolina, Ch
State Licensing
Ohio

William Michael Mattes
10th Floor 175 South Third Street
Columbus, OH
Specialties
Commercial, Construction, Employment, Franchising
Education
Ohio Northern University - Claude W. Pettit College of Law,Southern Connecticut State University
State Licensing
Ohio

David Alan Brown
2175 RIVERSIDE DR
COLUMBUS, OH
Specialties
Government, Administrative Law, Franchising
Education
Capital University,Wittenberg University
State Licensing
Ohio

William Earls Santen
312 WALNUT ST
CINCINNATI, OH
Specialties
Litigation, Corporate, Franchising
Education
University of Cincinnati College of Law,Georgetown University
State Licensing
Ohio

Steven Maurer
863 N CLEVELAND MASSILLON RD
AKRON, OH
Specialties
Business, Franchising, Employment, Wrongful Death, Probate
Education
The University of Minnesota Law School,Amherst College
State Licensing
Ohio

How to Be a Successful Franchisor

If you have a great business and are thinking about franchising it — you should know what it takes to be a good franchisor. The following list details some factors that typically translate into successful franchisors. In addition when you are buying a franchise it is important to ensure it is strong, and will remain strong. This list can also help identify great franchisors to work with. The following article is from JD Supra .

There are many factors that contribute to a successful franchise. Chief among these is having the right people in charge of the franchise. Over the years, I've noticed several other characteristics shared by successful franchisors. Obviously, adherence to the following list will not guarantee success, but it will certainly put you far ahead of the average new franchisor.

Franchisee Selection Process 

Smart franchisors are very selective in establishing franchisee relationships. Your franchisees are the single most important factor in determining your success. You must make sure that they are financially, intellectually, and emotionally qualifed to run the business. You should never grant a franchise to someone that you would not feel comfortable hiring as a management employee. You should also investigate them as if you were hiring them as employees. Multiple Revenue Streams. In addition to standard franchise and royalty fees, franchisors can increase revenue streams from franchisees through sales of goods or services to the franchisees, such as required inventory and/or equipment purchases. Franchisors can also receive rebates or commissions from other suppliers which the franchisees are required or encouraged to use. Finally, rental income can be earned by leasing site locations to franchisees.

On-going Services

Successful franchisors offer more to their franchisees than just a trademark and a business model. They also offer services such as location selection and development services; complete initial and on-going training (inadequate training is one of the most common causes of franchisee failure); complete specs and systems communicated in a clear manner; procurement programs for equipment, supplies, inventory and services; advertising assistance; and research and development.

Maintaining System-Wide Uniformity

Maintenance of high and uniform standards throughout the franchise network is of signifcant value to the franchisor and each of the franchisees. It is important to the value of the system, that a customer receives high quality and consistent experience in dealing with each franchise location. Whether or not you are a fan of McDonald's, you can't deny the remarkably consistent experience in visiting a McDonald's in Chicago, Atlanta, or Tokyo. A franchisor must implement policies and procedures that help maintain standards by rewarding compliance and enforcing system standards by means of inspections and audits where positive motivation has not proven effective. The more &qu...

Click here to read the rest of this article from NuWire Investor