Why franchisees are struggling—and how to avoid costly mistakes
Why are franchisees struggling right now?
This week's episode of the Restaurant Business podcast A Deeper Dive features Austin Titus, the president of Accurate Franchising.
Accurate Franchising is a consulting firm that works with franchisors and franchisees and so we talk about all kinds of things on this episode.
We talk about struggles franchisees are having and why. Several franchisees have filed for bankruptcy and many are having challenges after a few difficult periods, with high costs and weak sales and traffic. We explain what's happened and how operators can deal with it.
Titus talks about red flags franchisees can look for when considering a franchise brand to invest in. He also talks about how emerging chains can get the right franchisees early in their history and why that's important.
We're talking franchising on A Deeper Dive so please check it out.
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