1851

It&rsquo;s no secret that franchising is a booming industry. In fact, in 2017 the franchise sector was expected to grow by $36 billion <a href="http://www.nrn.com/franchising/ifa-franchise-sector-expected-grow-36b-2017?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-2-things-new-franchisors-need-to-do-in-year-1-of-franchising-2705349" target="_blank" rel="nofollow">according to &ldquo;Nation&rsquo;s Restaurant News</a>&rdquo;. Many business owners want to capitalize on this trend by introducing their brands to new audiences across the U.S. through franchising. 1851 spoke with two franchise experts who shared the two most important steps new franchisors should take during their first year of franchising in order ensure future success.

1. Perfect the Business Model

Steve Beagelman, President &amp; CEO of <a href="http://www.smbfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-2-things-new-franchisors-need-to-do-in-year-1-of-franchising-2705349" target="_blank" rel="nofollow" target="_blank">SMB Franchise Advisors*</a>, believes there is nothing more important than perfecting your business model when starting your first franchise. Beagelman explains, &ldquo;Make sure your franchisees have the support they need through the implementation of good systems and good processes that set them up for success.&rdquo; After all, one of the top reasons franchisees become interested in franchising is because it comes with a ready-made business model.

Sean Fitzgerald, Chief Development Strategist at <a href="http://nolimitagency.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-2-things-new-franchisors-need-to-do-in-year-1-of-franchising-2705349" target="_blank" rel="nofollow" target="_blank">No Limit Agency*</a>, agrees. &ldquo;If you own a sandwich shop, that means you&rsquo;re good at making sandwiches. Once you begin a franchise, you are working in a sandwich system and you need to understand the importance of supporting your franchisees.&rdquo; In order to build that skillset, Fitzgerald recommends tapping into a franchise consultant. A consultant can analyze your business model and help outline the processes you should put in place to make it easy for a franchisee to replicate your success in a new market.

2. Choose the Right Franchisees

Once you have your processes in place, the next step is to choose the right franchisees. Fitzgerald believes your first few franchisees will make or break you. He explains, &ldquo;You have to make sure your first franchisees are successful on all levels. This may mean giving them more time and resources than initially intended, but if your first three franchisees aren&rsquo;t happy, you&rsquo;re going to have a hard time growing your brand.&rdquo;

Beagelman agrees, &ldquo;Over support your franchisee in the beginning, and understand your support as a franchisor depends on their success as a franchisee. Help your franchisees find the right location, provide the financial support they need and make sure you are setting them up to make money.&rdquo; He goes on to say, &ldquo;Location, location, location. Your franchisees will find their site, but you have to approve it. They may have found the perfect location in New York City, but do the economics of the site set your franchisee up to make enough money to be successful?&rdquo; Going above and beyond for your first few franchisees will help entice future franchisees to your brand.

Your first year as a franchisor will be a lot of work. But with the right processes in place and consistent strategic support, you and your franchisees are being set up for a lifetime of future success.&nbsp;

The 2 Things New Franchisors Need to Do in Year 1 of Franchising

1851 Franchise

How putting the right processes in place and choosing the right franchisees can set your franchise up for future success

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

the-2-things-new-franchisors-need-to-do-in-year-1-of-franchising

TruBlue Home Service Ally

TruBlue’s Home Maintenance Plans: Peace of Mind for Homeowners

trublues-home-maintenance-plans-peace-of-mind-for-homeowners

Caring Transitions

Caring Transitions Targets Peoria, Illinois, for Franchise Growth

caring-transitions-targets-peoria-illinois-for-franchise-growth

Caring Transitions Celebrates a Strong Start to 2025 With 19 New Franchise Sales and Momentum-Building Training Events

caring-transitions-celebrates-a-strong-start-to-2025-with-19-new-franchise-sales-and-momentum-building-training-events

Right at Home

Right at Home 30th Anniversary in Home Care with Right at Home Logo

Celebrating 30 Years of Excellence and Future Innovations in Home Care

celebrating-30-years-of-excellence-and-future-innovations-in-home-care

Why TruBlue is the Ideal Franchise for Multi-Unit Owners: Scalable Growth With a Purpose

why-trublue-is-the-ideal-franchise-for-multi-unit-owners-scalable-growth-with-a-purpose

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

DoorDash Expansion Could Reshape Delivery and Operations for Franchise Brands - 1851 Franchise

DoorDash Expansion Could Reshape Delivery and Operations for Franchise Brands

doordash-acquistions-deliveroo-sevenrooms

Crumbl Franchise Investment - TSG Consumer Partners -  1851 Franchise

TSG Consumer Partners Takes Minority Stake in Crumbl, Signaling Franchise Growth Potential

crumbl-franchise-investment-tsg-consumer

Yum Brands Reports Strong Q1 Results with Big Boost from Taco Bell

yum-brands-reports-strong-q1-results-with-big-boost-from-taco-bell

QSR: McDonald’s Gains Momentum With Chicken Innovation, Value Deals and Franchisee Support

mcdonalds-franchise-recovery-chicken-strategy-value-deals-2025

The Future of Franchising: Trends and Predictions for 2025 and Beyond

the-future-of-franchising-trends-and-predictions-for-2025-and-beyond

Layoffs Surge to Pandemic-Era Highs, Opening Doors for Franchise Growth

layoffs-surge-to-pandemic-era-highs-opening-doors-for-franchise-growth

Franchisee spotlight image with Randy and Sandy Craft, Children's Lighthouse logo on blue background

The Crafts’ Successful Journey from New Parents to Children’s Lighthouse Franchisees

the-crafts-successful-journey-from-new-parents-to-childrens-lighthouse-franchisees

Franchisee spotlight graphic with photo of Amy Lepke and family and Papa Murphy's logo

After 14 Years as a Stay-At-Home Mom, Amy Lepke Returned to Papa Murphy’s — This Time as an Owner

papa-murphys-franchise-amy-lepke

Franchisee Spotlight with Micki Waters and Papa Murphy's Logo

Work Mom: How Micki Waters Became a Mother Figure to Her Entire Papa Murphy’s Team

work-mom-how-micki-waters-became-a-mother-figure-to-her-entire-papa-murphys-team

District Taco Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-district-tacos-franchise-costs-fees-profit-and-data

Franchisee spotlight image with photo of Robert Trujillo and UWRG logo on blue background

How Robert Trujillo Expanded His Construction Business With UWRG

how-robert-trujillo-expanded-his-construction-business-with-uwrg

The 2 Things New Franchisors Need to Do in Year 1 of Franchising

MORE STORIES LIKE THIS