315
CATEGORIES: Business, Franchising
What makes a successful franchisor stand out from the rest? It's not just about expanding quickly—it’s about building a brand that can scale and stand the test of time.
In this episode, Jeff Herr of Front Street Equity Partners returns to exchange views with Erik Van Horn. They discuss what sets great franchisors apart from the average ones, why strategic growth and brand consistency are crucial, how the most effective franchisors foster strong relationships with their franchisees, and the importance of establishing standards that can be consistently applied and scaled.
Whether you're a franchisor looking to expand or a franchisee considering joining a system, this episode offers valuable insights into building a business designed for growth.
If you want to learn how to build a franchise that stands the test of time, tune in to find out the strategies you need to scale successfully.
“The best franchisors are the ones who are working on things so that the business can ramp faster than it did a year ago." ~ Jeff Herr
In This Episode:
- Creating a compelling brand story
- What sets great franchise founders apart
- Strategic vs. rushed franchise growth
- Building equity by compressing time
- Making scalable strategies for franchise growth
- Balancing innovation with franchise consistency
- Hiring and delegating the right responsibilities
- Protecting brand integrity and the need for enforcing brand standards
- Franchisors supporting franchisees for long-term success
Resources:
🌐 Consult with Erik - https://form.jotform.com/222685728939070
🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617
🌐 Want to franchise your business? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617
🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses - https://scalablefranchise.com/
🌐 Franchise Springboard - https://franchisespringboard.com/
🌐 Master the Six Stages of Franchise Relationships for Success
Connect with Jeff Herr:
🌐 Website
Connect with Erik Van Horn:
🌐 Website
Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.
Subscribe to Franchise Secrets on:
