1851

At this time of the year, it seems everyone is saying, &ldquo;Where did 2018 go?&rdquo; It seems&nbsp;like only weeks ago the year was just getting started, and here we are, ready to close the book on another chapter. In the business world, specifically in the franchising space, closing out the year on a strong note is extremely important. Are you able to report an increase in sales? A record number of openings? Newsworthy innovation of the concept or your offering? Franchisors around the globe are pulling together the biggest successes from 2018, and gearing up for next year as it falls right around the corner. 

To get more insight on how franchisors can end the year strong, 1851 Franchise Magazine connected with Jackie Lobdell, Executive Director of Franchise Development at <a href="https://slimchickensfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=a-franchisors-tips-to-end-the-year-strong-2708655" target="_blank" rel="nofollow" target="_blank">Slim Chickens</a>. And, Lobdell narrowed it down to three areas.

Put the Franchisees First

Because the backbone of any franchise system is the strong group of franchisees that make up the franchise, it&rsquo;s extremely important to make sure the franchisees are always motivated,&nbsp;especially as the year comes to a close. The holidays can be distracting and it can be easy to coast through the end of the year. Franchisors have to put in extra effort to ensure their franchisees are sharing the same goals and are putting forth the effort to close out the year strong.

&ldquo;We are a franchise support focused organization, and as a leadership team, we are highly committed to providing services and support to our franchise family because we value them so much. We have a very disciplined process for our franchisees to set them up for success,&rdquo; said Lobdell. &ldquo;But, from the beginning, we also focus on bringing in high quality and very experienced partners.&rdquo;

Think Ahead to Next Year

While the end of the year can be a rush, it&rsquo;s extremely important to set aside a good amount of time to plan for the next year. Go over budgets, goals&nbsp;and make sure everything is set before the calendar switches over to avoid falling behind. Although closing out the year can be a whirlwind, the next year will start off on a rocky start if there is not a plan in place. And once you have that plan, follow it.

&ldquo;It&rsquo;s so important to plan extensively into the next year,&rdquo; said Lobdell. &ldquo;Beyond that, you must execute against that plan very precisely.&rdquo;

Evaluate the Leadership Team

As you gear up for the next year, take a look at who makes up your leadership team. Are there areas that need to be strengthened to outpace the year before? Who is performing well and what are they doing that others could learn from? While franchisees make up the backbone of the system, the leadership team is a key factor in motivating and steering franchisees toward success.

&ldquo;We have always put a&nbsp;focus on being a passionate executive team. We want to be a great partner to the franchisees,&rdquo; said Lobdell. &ldquo;Last year Slim Chickens decided to put a bigger focus on the development pipeline and since brought on new talent in franchise development. This set us up for a strong year along with utilizing new channels for lead generation.&rdquo;

With a strong group of motivated franchisees, a solid plan for the next year and a tried-and-tested executive team, the end of the year doesn&rsquo;t have to be so scary for franchisors. With the right preparation, franchisors will be able to smoothly transition into 2019, while leaving 2018 as something to brag about.

A Franchisor’s Tips to End the Year Strong

1851 Franchise

Three Tips from Slim Chickens’ Executive Director of Franchise Development on How to Close the Year Out on a Positive Note

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

a-franchisors-tips-to-end-the-year-strong

Jollibee

How Jollibee Is Disrupting the QSR Franchise Industry 

how-jollibee-is-disrupting-the-qsr-industry

USA Ninja Challenge

How This Franchise Consultant Helps Entrepreneurs Find Purpose With the USA Ninja Challenge Franchise

how-this-franchise-consultant-helps-entrepreneurs-find-purpose-with-the-usa-ninja-challenge-franchise

Busy Bee Jumpers

Bouncing Into Business: Meet Kayla and Jason Leonard, Busy Bee Jumpers’ New Franchisees 

Bouncing Into Business: Meet Kayla and Jason Leonard, Busy Bee Jumpers’ New Franchisees in Rhode Island

bouncing-into-business-meet-kayla-and-jason-leonard-busy-bee-jumpers-new-franchisees-in-rhode-island

Woodhouse Spas

Photo of exterior of Woodhouse Spa location

How Woodhouse Spas Leverages Learning Management Systems

woodhouse-spa-franchise-training-lms

Image Studios

image of studios salon suites stylists business owners

Finding Freedom: Why Beauty and Wellness Professionals Build Their Dream Careers With IMAGE Studios

benefits-image-studios-salon-suites

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 Development Website Builder

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

Jeni’s Splendid Ice Creams Begins Franchising To Grow Its Fellowship Model

jenis-splendid-ice-creams-begins-franchising-to-grow-its-fellowship-model

Design with American and Federal Reserve flags against light blue background

Federal Reserve Expected To Cut Rates by Quarter Point, a Move That Could Boost Franchise Growth

fed-rate-cut-boosts-franchise-growth

Potbelly to be Acquired by RaceTrac in $566 Million Deal 

racetrac-acquires-potbelly-in-566-million-deal

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

Caribou Coffee Names Scott Kennedy CEO, Eyes Continued Growth

caribou-coffee-names-scott-kennedy-ceo-eyes-continued-growth

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Franchisee spotlight graphic with photo of Ricki Oberoi and Layne's Chicken Fingers logo

A Franchisor’s Tips to End the Year Strong

MORE STORIES LIKE THIS