Franchising is a popular business model that allows chains to open more locations at speed and with fewer cost implications. Many of our well-known companies including McDonalds, Dunkin Donuts and Burger King operate on the franchise model, ensuring rapid expansion and market domination across both the US and the globe.
Your first franchise was a success and now it is time to open a new one. Business expansions are an exciting challenge, and for many franchise owners, growing their business is a risk worth taking.
Owning a franchise takes skill, patience and determination. But what happens when you want to own more than one?
Congratulations to Mital Rathod, Olmsted Township on her acquisition of the Sylvan Learning Darrow Road facility! Rathod has also acquired the Fairlawn and Strongsville locations as part of a multi-unit ownership deal.
STEM is an increasingly important education for children, and with the demand from employers for skills in science, technology, engineering and math, it’s vital that we all push for the subject to be on the agenda.
Cloud computing is an essential tool for running your franchise. Technology can help to alleviate common, everyday problems that franchises and small businesses face, as well as increasing efficiency and operations.
Testimonials are an important part of the business process. Happy customers will return to your business but they will also bring new customers along with them.
We’re keen to spotlight the experience and achievement of Sylvan’s staff, and we’re excited to share a new Q&A series on the franchise blog.