Franchise Rocket Fuel | FRANX

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Franchise Rocket Fuel | FRANX

FranX

128 episodes

1 week ago

FRANX is a franchise growth accelerator and community that teaches you the how-to's of franchising and next-gen growth strategies. Hosted by Charles N. Internicola and Nick Powills, franchisors and franchisees will learn growth strategies to take their businesses to the next level.

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All content for Franchise Rocket Fuel | FRANX is the property of FranX and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

FRANX is a franchise growth accelerator and community that teaches you the how-to's of franchising and next-gen growth strategies. Hosted by Charles N. Internicola and Nick Powills, franchisors and franchisees will learn growth strategies to take their businesses to the next level.

Show more...

Episodes (20/128)

Franchise Rocket Fuel | FRANX

S4 E8: What's real, what's fake when buying a franchise?

Join the conversation!

2 years ago

16 minutes 53 seconds

Franchise Rocket Fuel | FRANX

S4 E7: How to Best Support Franchisees to Success

Join the conversation!

2 years ago

29 minutes 9 seconds

Franchise Rocket Fuel | FRANX

S4 E6: Is the IFA Convention Worth the Money and Time

Is the IFA Convention Worth it?

2 years ago

20 minutes 17 seconds

Franchise Rocket Fuel | FRANX

S4 E5: How much do Franchisees Actually Make?

Can you make millions when owning a franchise? CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/ SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1 JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

2 years ago

31 minutes 26 seconds

Franchise Rocket Fuel | FRANX

S4 E4: Recruiting and Retaining Talent for your Franchise

What are the secrets to staffing, today?

2 years ago

27 minutes 24 seconds

Franchise Rocket Fuel | FRANX

S4 E3: How to Cut Through the Noise when Franchising Your Business

How to choose your franchise vendors and suppliers and cut through the noise.

CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/

SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1

JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

2 years ago

27 minutes 37 seconds

Franchise Rocket Fuel | FRANX

S4 E2: When Should You Fire a Supplier?

CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/

SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1

JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

2 years ago

19 minutes 31 seconds

Franchise Rocket Fuel | FRANX

S4 E1: How Much Does it Cost to Sell a Franchise?

In this weeks show we dive into the age-old question (in franchise years) of how much does it cost to sell a franchise? What are the variables and what should you be including in your calculation of cost per deal?

CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/

SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1

JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

2 years ago

30 minutes 15 seconds

Franchise Rocket Fuel | FRANX

S3 E55: Franchise Predictions for 2023 and Looking Back at 2022

What do we wish we would have done differently in 2022 and what's our plan/predictions for 2023. Join in the conversation by adding comments for discussion.

CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/

SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1

JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

2 years ago

31 minutes 47 seconds

Franchise Rocket Fuel | FRANX

S3 E53: FDD Item 19: What can you do now to get ahead of the pack for 2023?

Benchmark - Meet with your FranDev team and assess what worked and didn’t work in 2022. What questions were your candidates asking? What questions did your Item 19 leave unanswered? What data points - if added to your Item 19 - would provide an advantage over your competition?
Collaborate - Your Item 19 should tell a story that is consistent with your brand and value proposition. Bring your FranDev and legal team together to discuss and collaborate on what a great and even better Item 19 could look like in 2023. When it comes to your Item 19 dont let the process be driven by just the legal team. Let FranDev lead the way and advise legal as to the about the types of financial data and data categories that would better inform candidates and help you sell franchises.
Build Better Data Collection Practices - Probably too late for 2023 but give thought to 2024 and building a better process for franchisee data reporting. Implement financial controls focused on uniform ledger accounts and build a cadence of quarterly franchisee financial statement reviews.

CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/

SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1

JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

2 years ago

28 minutes 29 seconds

Franchise Rocket Fuel | FRANX

S3 E52: Fran Dev Challenges 2023

We discuss some challenges franchisors are going to face in 2023.

2 years ago

26 minutes 59 seconds

Franchise Rocket Fuel | FRANX

S3 E51: The Multi Unit Franchisee, is there value in these operators?

Is selling franchises to multi-unit franchisees a part of your franchise development growth strategy? If so you're not alone and in this weeks FranX episode we dive into what really qualifies as a legitimate multi-unit franchisee and whether or not its fools gold to spend your development dollars in attempting to attract them.

Takeaways

Most emerging franchisors are not ready to sell franchises to genuine multi-unit franchisee operators
Multi-Unit franchisees need to be qualified differently from individual unit franchisees
The best multi-unit growth strategy may be to build from within by coaching and elevating your franchisees to multi-unit status
- To succeed with multi-unit franchisees you need to elevate them through i3ntensive coaching and KPI driven support.

3 years ago

21 minutes 18 seconds

Franchise Rocket Fuel | FRANX

S3 E50: How the Economy Can Make or Break Franchise Brands

Key Takeaways:

Always plan ahead and develop different action plans.
Economic disruptions can be a time for opportunity and energy. Utilize that time to turn internally and recalibrate with your team.
If you don't plan ahead, you'll freeze up. Create a plan with your team and vendors, and outline different options for different economic events. Define what you would do in each type of situation.
Instead of scaling back on your budget during an economic disruption, use that time to develop assets for next year.
Prepare your mindset, culture, and franchisee support, even if that means reevaluating what is and isn't working internally.
Set realistic goals for the future of your business. Evaluate your current success and ask yourself what realistic growth looks like for your brand on a yearly basis.
Work with your administrative team to create a singular brand identity that best captures your brand's main mission.

3 years ago

21 minutes 5 seconds

Franchise Rocket Fuel | FRANX

S3 E49: Google Analytics and the Predictability of Lead Generation

Before there was a lead, there was a visit. Before there was a visit, there was a franchise education moment. How can you add predictability to your lead outcomes.

CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/

SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1

JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

3 years ago

22 minutes 26 seconds

Franchise Rocket Fuel | FRANX

S3 E 48: When is it Time to Change Your Franchise Sales Team?

It's not you, it's me. When is the right time to change out your sales team?

CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/

SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1

JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

3 years ago

24 minutes 5 seconds

Franchise Rocket Fuel | FRANX

S3 E47: Should You Buy a Franchise During a Recession?

In this episode of FranX, we talk about what happens if you buy a franchise during a recession. What do you think?

CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/

SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1

JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

3 years ago

24 minutes 49 seconds

Franchise Rocket Fuel | FRANX

S3 E46: What Trips Up Candidates when Buying a Franchise

FranX dives into the process and the landmines that zors and zees experience.

CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/

SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1

JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

3 years ago

29 minutes 10 seconds

Franchise Rocket Fuel | FRANX

S3 E45: What Can Go Wrong in the Franchise Sales Process

What is important to candidates in the sales process? What can turn them off?

CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/

SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1

JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

3 years ago

21 minutes 12 seconds

Franchise Rocket Fuel | FRANX

S3 E44: What Zees Need to Know About Capitalization | Ultimate Guide to Buying a Franchise

CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/

SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1

JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

3 years ago

17 minutes 19 seconds

Franchise Rocket Fuel | FRANX

S3 E43: How to Buy a Service Based Franchise | Ultimate Guide to Buying a Franchise

Charles N. Internicola and Brent Dowling talk about why service based franchises are the talk of franchising.

CREATE YOUR FREE FRANX PROFILE: https://franxlaunch.com/

SUBSCRIBE to our Channel: https://www.youtube.com/channel/UC9JuzJQGcBr5cw26trxM7BA?sub_confirmation=1

JOIN Franchise Growth Mastermind Community: https://www.facebook.com/groups/1464519290241259

3 years ago

17 minutes

Franchise Rocket Fuel | FRANX

FRANX is a franchise growth accelerator and community that teaches you the how-to's of franchising and next-gen growth strategies. Hosted by Charles N. Internicola and Nick Powills, franchisors and franchisees will learn growth strategies to take their businesses to the next level.