Have you ever thought about adding a learning management system to your resource bundle for your franchises? Doing so offers a range of benefits. You’ll be able to quickly and easily train - and attract - new franchisees, reduce the churn rate of existing franchises, and ensure you get it right for your customers every time.
Common challenges for franchises
Do you recognise any of these challenges franchisors often face?
Encouraging new franchisees to join your network
Recruiting new franchisees is an ongoing battle. At some point, every franchise owner is asked “So what exactly do I get when I buy a franchise from you?”, and you need a way to show them:
How to increase sales
How to turn customers into repeat customers
Benefit from the lessons learned by others in your network
How to access an easily managed supply chain
What is expected of franchisees in your networks
What franchisees can expect to gain from their business
Onboarding new franchisees
Onboarding new franchisees can be challenging, particularly if they’re based in a different location from you. There’s mandatory training to do including compliance, operations, systems and process and procedure training to ensure that your new franchisee is fully compliant.
As a franchisor, you’ve invested heavily into your brand and conveying your skills, knowledge and brand values to new additions to the network can be a challenge, whether it’s ensuring training is consistent across all franchisees or making sure that you don’t forget about any key points.
Supporting your franchise network
How do you communicate with your franchise network quickly and efficiently when you need to convey new information about the brand? This could be related to:
New product releases
Process and procedural changes
Sharing best practice between franchises
How can our LMS support you through these challenges?
A learning management system or e-learning suite can play a key role in providing the training and support you need for your network.
We can offer a training solution whilst supporting and upholding your brand values to provide:
Interactive compliance training
Tests and quizzes to ensure that information has been understood
Certificates to award course completion
Courses structured according to business needs
Whether you’re reaching out to new potential franchisees, onboarding new ones, or training your existing network in new products, our LMS is an integral part of your digital support material.
Download our free infographic
Fill in your details below to receive an instant download link to get our
'The Benefits of an LMS for Franchisors' infographic for free.