2008 Franchisee Satisfaction Awards - Franchise Business Review
For the third year running, Franchise Business Review is hosting the Franchisee Satisfaction Awards. Each year, we pay tribute to the franchisors that are "doing it right" - putting their
franchisees first and focusing on the things that matter most..
If you're interested in seeing the franchises that ranked highly in 2007, you can see a complete list on our website, www.fbr50.com.
Why do we think franchisee satisfaction is important?
Interviewing franchisees, the real business owners, provides prospective franchisees a real world look at a franchise system. We look at five main areas within each business: Training & Support, Financial Opportunity, Franchisee/Franchisor Relationship, the Franchise System (products, competition comparison, etc) and Overall Satisfaction. If you are interested in buying a franchise, we highly encourage you to ask the franchise for an unbiased, third party review. If they can't provide one, ask why!
Stay tuned for more information and results. We'll announce the winners February 2008. If you want more information about Franchise Business Review or have questions about buying a franchise, please contact me directly.
November 2nd, 2007 at 12:56 am
As a now ex Franchisee, I highly recommend that one really speak with former and current franchisees before making the emotional and monetary commitments. I had a restaurant doing $2.4 mm the first year only to end up closing. Why? well if you want to know post your comment.
RB
November 3rd, 2007 at 8:00 pm
Why did you close?
November 6th, 2007 at 5:51 pm
Hi RockinRod,
I’m sure the group (and I) would be interested to hear more about your experience as a franchisee. Care to share?