The Franchat Podcast’s Post

Hey hey, It's Friday!!! Lets all give a cheer for the weekend - a time to relax, recharge, spend time with the family and friends, before we 'go again' on Monday. But before you charge off take a quick look at this........ 🎥 Collaboration Over Competition: A Game-Changing Strategy for Emerging Franchisors In the latest episode of The Franchat Podcast, Natalia shared a strategy for smaller franchisors looking to enhance their marketing without breaking the bank: sharing a videographer. This collaborative approach allows emerging franchisors to access high-quality video content, crucial for brand visibility and growth, without shouldering the full cost individually. Natalia’s advice underscores the importance of creative solutions in the the franchising landscape, especially for those just starting out. By pooling resources, smaller franchises can produce compelling content that captures the essence of their brand, driving engagement and attracting potential franchisees. Join us in exploring how strategic collaborations can transform your franchise's reach and impact! And dont forget you can listen to the whole of The Franchat Podcast episode 7 by clicking on the link in the comments. If you haven't done so please do follow on Spotify. #Franchising #StartupStrategy #ContentCreation #BusinessCollaboration #TheFranchatPodcast

Hey hey, It's Friday!!! Lets all give a cheer for the weekend - a time to relax, recharge, spend time with the family and friends, before we 'go again' on Monday. But before you charge off take a quick look at this........ 🎥 Collaboration Over Competition: A Game-Changing Strategy for Emerging Franchisors In the latest episode of The Franchat Podcast, Natalia shared a strategy for smaller franchisors looking to enhance their marketing without breaking the bank: sharing a videographer. This collaborative approach allows emerging franchisors to access high-quality video content, crucial for brand visibility and growth, without shouldering the full cost individually. Natalia’s advice underscores the importance of creative solutions in the the franchising landscape, especially for those just starting out. By pooling resources, smaller franchises can produce compelling content that captures the essence of their brand, driving engagement and attracting potential franchisees. Join us in exploring how strategic collaborations can transform your franchise's reach and impact! And dont forget you can listen to the whole of The Franchat Podcast episode 7 by clicking on the link in the comments. If you haven't done so please do follow on Spotify. hashtag #Franchising #StartupStrategy #ContentCreation #BusinessCollaboration #TheFranchatPodcast

🤝 Collaborating for Success: Franchise Synergy 🤝 In Episode 15 of the The Franchat Podcast, Kevin shares a compelling idea: franchise brands should collaborate where their audiences or timings align, creating synergy that benefits both parties. 🔄 🔑 Key Insights: 👉 Shared Audiences: Brands that target similar customer groups at different times of the day (e.g., a fitness franchise during the day and a kids' activity franchise in the afternoon) can collaborate to maximize engagement. 👉 Cross-Promotion Opportunities: By working together, franchises can offer combined services or promotions that appeal to the same customer base, amplifying their reach and boosting sales. 👉 Innovation Through Partnership: Franchise collaboration creates opportunities to test new ideas, enter new markets, and strengthen customer loyalty—all while reducing the risk. Kevin suggests that this type of collaboration is not only innovative but can help franchises expand more effectively by pooling resources and leveraging each other’s strengths. 💡 - something to think about. Want to hear more? Tune in to the latest episode for fresh ideas on how franchise brands can collaborate for mutual success! 🔗 Listen Now on Spotify or Apple Podcasts #Franchising #Collaboration #BusinessGrowth #Synergy #FranchatPodcast

🎙️ The Franchat Podcast - Episode 11 is Live! 🎙️ The link is in the comments Join hosts, Tim Morris, Natalia Shvarts QFP , and Kevin Aires, as they delve into the importance of feedback and communication in franchising. Recorded all the way from Cologne, Germany, this episode explores: 🌟 Employee Satisfaction and Franchisee Feedback: Inspired by Amrit Dhaliwal QFP and his interview with Scott Greenberg, the critical role of Net Promoter Score (NPS) in gauging franchisee satisfaction is discussed. Would your franchisees recommend your business to a friend? The insights might surprise you. 💬 Communication and Culture: Discover how fostering a culture of feedback can transform your franchise network. It's about more than just numbers; it's about meaningful conversations and understanding what's truly important to your franchisees. 🔍 Innovative Approaches: The role of tools like ChatGPT in analyzing survey data, providing deeper insights into franchisee sentiment and helping tailor strategies for success, is also touched upon. Tune in to Episode 11 for these insights and more! Whether you're a franchisor, franchisee, or just curious about the dynamics of franchise businesses, there's something here for you. 🔗 Listen Now and join the conversation on how to create a thriving franchise community! #FranchatPodcast #Franchising #FeedbackCulture #NetPromoterScore #BusinessGrowth

Tune in 🎙️ The Franchat Podcast - Episode 11 is Live! 🎙️ Join me and my co-hosts, Tim Morris and Kevin Aires as we delve into the importance of feedback and communication in franchising. Recorded all the way from Cologne, Germany, this episode explores: 🌟 Employee Satisfaction and Franchisee Feedback: Inspired by Amrit Dhaliwal QFP interview with Scott Greenberg, we discuss the critical role of Net Promoter Score (NPS) in gauging franchisee satisfaction. Would your franchisees recommend your business to a friend? The insights might surprise you. 💬 Communication and Culture: Discover how fostering a culture of feedback can transform your franchise network. It's about more than just numbers; it's about meaningful conversations and understanding what's truly important to your franchisees. 🔍 Innovative Approaches: We also touch on the role of tools like ChatGPT in analysing survey data, providing deeper insights into franchisee sentiment and helping tailor strategies for success. Tune in to Episode 11 for these insights and more! Whether you're a franchisor, franchisee, or just curious about the dynamics of franchise businesses, there's something here for you. 🔗 Listen Now and join the conversation on how to create a thriving franchise community! https://lnkd.in/e4vqguAZ #FranchatPodcast #Franchising #FeedbackCulture #NetPromoterScore #BusinessGrowth

💡 Why Aren't More Franchisors Showcasing Their R&D? 💡 In Episode 13 of The Franchat Podcast, Tim Morris brings up an intriguing point that many franchisors might be overlooking: the power of Research & Development (R&D) as a major selling point to potential franchisees. 🔬 R&D as a Differentiator: Tim discusses how, despite the significant investment franchisors make in R&D to innovate and stay ahead of the competition, it's rare to see these efforts highlighted in franchise sales pitches. This could be a game-changer in attracting forward-thinking franchisees who value innovation and continuous improvement. 💬 Why It Matters: Franchisees are not just looking for a proven business model—they want to be part of a brand that's committed to growth and adaptation. Showcasing your R&D efforts can demonstrate that you're not just resting on your laurels, but are actively working to future-proof the business. 🚀 A Missed Opportunity? Tim's insight suggests that franchisors could gain a competitive edge by making R&D a key part of their value proposition. It's not just about the here and now; it's about where the brand is headed. Tune in to this thought-provoking discussion in Episode 13 of The Franchat Podcast! 🔗 Listen Now https://lnkd.in/eidggBSg #Franchising #Innovation #ResearchAndDevelopment #BusinessGrowth #FranchatPodcast

🎙️ New Podcast Alert: Mastering Digital Media & Strategic Site Selection in Franchising 🚀 🌐 Tune in to our latest Esemdee podcast episode where we delve deep into the world of digital media and its crucial role in franchising. 💡 Discover insightful strategies on how to leverage digital media for brand visibility and learn the art of strategic site selection to maximize your franchise's potential. 🔍 Whether you're a budding entrepreneur or a seasoned franchise owner, this episode is packed with valuable tips and expert insights to help you navigate the digital landscape and choose the best locations for your business. 👉 Don't miss out on this opportunity to transform your franchise's digital presence and site selection strategy. Listen now: https://lnkd.in/eA9y4ezx #EsemdeePodcast #DigitalMedia #FranchisingSuccess #StrategicSiteSelection #FranchiseGrowth

🎙️ New Podcast Alert: Mastering Digital Media & Strategic Site Selection in Franchising 🚀 🌐 Tune in to our latest Esemdee podcast episode where we delve deep into the world of digital media and its crucial role in franchising. 💡 Discover insightful strategies on how to leverage digital media for brand visibility and learn the art of strategic site selection to maximize your franchise's potential. 🔍 Whether you're a budding entrepreneur or a seasoned franchise owner, this episode is packed with valuable tips and expert insights to help you navigate the digital landscape and choose the best locations for your business. 👉 Don't miss out on this opportunity to transform your franchise's digital presence and site selection strategy. Listen now: https://lnkd.in/eA9y4ezx #EsemdeePodcast #DigitalMedia #FranchisingSuccess #StrategicSiteSelection #FranchiseGrowth

🎙️ Franchat Podcast - Episode 15 🎙️ Live from the National Franchise Exhibition! Well, this was a first. Myself, Natalia Shvarts QFP and Kevin Aires came together at the National Franchise Exhibition at the NEC for a special live recording of the Franchat Podcast! 🎉 🔍 What’s in this episode? ➡ The launch of the British Franchise Journal and the latest stats on franchise growth in the UK. ➡ How the franchising sector has bounced back post-COVID, showing more resilience than many other industries. ➡ The rise of multi-unit and multi-brand ownership, and how franchisees are diversifying and scaling up their businesses. ➡ International brands making their mark at the show, and familiar faces returning for more franchise insights. 🏢 Whether you're a franchisor, franchisee, or exploring franchising for the first time, this live episode is packed with fresh perspectives from the heart of the UK's franchise industry. 🔗 Listen Now - the link to Spotify is in the comments. You can also listen on Apple Podcasts #Franchising #BusinessGrowth #FranchiseExhibition #Networking #FranchatPodcast

How do you assess the TRUE-value price of a gym or fitness franchise? To understand where the 𝗿𝗲𝗮𝗹 𝘃𝗮𝗹𝘂𝗲 sits, we asked Dustin Slypen, Health & Wellness Business Broker, with 200+ transaction under his belt. In Episode #40 of the 𝗙𝗿𝗮𝗻𝗰𝗵𝗶𝘀𝗲 𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴 𝗣𝗼𝗱𝗰𝗮𝘀𝘁. The conversation included insights on fit-out cost 'blow outs', equipment supplier 'kick-backs', deals falling over at the last minute, and why, as well as advising sellers not to 'talk-up' their impact in the business too much. The key parts to value that we uncovered we're broken into broadly; 👉 Price expectation v reality, 👉 Franchise requirements, such as equipment modernisation and re-fits, 💶 Membership and income apportionment, 🏢 The lease, and ensuring it's impact is clearly understood, 📈 The value based on a multiple of operating profit between business types, such as functional fitness, 24/7 gyms, Boutique, and Full service big box gyms. Listen or Watch on; Spotify: https://lnkd.in/gRTK4yaV Apple Podcasts: https://lnkd.in/ge2HR78m Amazon Music: https://lnkd.in/gF_N9jAS YouTube: https://lnkd.in/gTc38VCq LINK Business Brokers Brisbane magnetic business media #franchising #franchises #fitnessfranchise #franchisebusiness #gymfranchise #healthandwellness #healthandwellnessfranchise #franchiseleasing #franchisebroker #buisnessbroker #gymequipmentfinance #equipmentfinance #leasing #commercialleasing #linkbusinessbrokers #franchiseeverything #franchiseeverythingpodcast #podcast