Every year, about three hundred new franchise brands are launched in the United States alone. The franchisee applicant pays the franchisor a franchise fee, and must also have sufficient liquidity and net worth, in order to be considered for approval of being granted a franchise.
However, too often the franchisor pays for the franchisee screening report, when in fact it can easily be passed through to the franchisee applicant. In fact, most franchisee applicants will actually appreciate paying for their own thorough franchisee vetting. Curious to learn why franchisees are willing to pay for their own screening? Check out our latest blog to learn more.
2020 IFA CONFERENCE
Our team had a wonderful time at the International Franchise Association’s annual conference in Orlando last week. In addition to volunteering with Give Kids The World Village, we enjoyed networking, learning about changes within the industry, and discussing the future of franchising as well as the value of background screening for franchisees and employees alike.
Want to see more team highlights, catch up on industry news, and learn tips on how to mitigate risk for your business, franchise, school, or non-profit organization?
IN THE NEWS
We are honored to have been named Best Multi-Sector Employee Screening Company in CV Magazine’s 2019 Franchise Awards! The Franchise Awards recognize those who make significant contributions to the franchise industry, from those working in recruitment and operations, to individuals behind the scenes who are focused on supporting these incredible business networks. Interested in learning more about our multi-sector background screening offerings?
