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Franchise UPDATE 2006 Archive
Issue III 2006 - Finding Help
Sales To Go
FEBRUARY 6, 2007 // READ FULL STORY
Outsourcing has become an accepted method for companies to solve staffing needs. It's a strategy that allows firms to benefit from specific expertise--without the accompanying expense. Mostly, it's been applied to functions like HR, accounting, and payroll. Today, franchisors can outsource their franchise development.
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Hiring For Success
Building From The Bottom Up
JANUARY 30, 2007 // READ FULL STORY
Staffing accounts for well over 50 percent of a franchise company's expenses, says Charlie Simpson, executive vice president and chief operations officer at Great Clips. And at Great Clips, he says, that figure is probably over 60 percent. Lowering that number can help a company compete--on price, in the short term. But when hiring for success, there are more important considerations than money.
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Balancing Need With Speed
Staffing Up A Young Company Takes Creativity
JANUARY 23, 2007 // READ FULL STORY
Edible Arrangements had three stores in 2002. By August 2006, there were 527, with locations in Canada, Puerto Rico, the U.K., and the Middle East. Currently adding stores at the rate of eight or more a week, the company predicts 1,000 units in early 2007. Staffing up for growth this steep requires some serious hiring: HR, meet ASAP.
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Read Full Story