The events in the movie The Bourne Legacy have some similarities to what can sometimes happen among and to franchise systems. Like the “Treadstone” organization, franchise systems/chains are only as strong as each of their links. When a link is broken, it can threaten the entire chain.
In “The Dark Knight Rises,” Bruce Wayne / Batman learns a valuable lesson about how dangerous complacency can be, as he is completely unprepared for the threat that is Bane. The lesson learned by Wayne is one that applies equally to franchise systems and other businesses: overconfidence and complacency can be hazardous to the long-term survival of the system.
After experiencing several years of declines due to the nationwide recession, franchising is once again on the rise in the United States.
Join us at the next meeting of the Nevada Franchise Business Network for an interactive discussion featuring leaders from locally-based companies that have successfully grown into national franchise systems. The topic of the meeting is “Lessons Learned in Franchising” and will feature guest speakers Debbie Shwetz, CEO of Nothing Bundt Cakes, Fred Hassen, CEO of Sit Means Sit Franchise, Inc., and Alfredo Rivera, President of Sit Means Sit Franchise, Inc.
FranCamp 2012 is scheduled to occur in Atlanta, Georgia on May 4th, 2012. If you are not familiar with FranCamp, it is a social media “un-conference” for the franchise industry.
The next meeting of the Kansas City Franchise Business Network is scheduled to occur on Wednesday, March 7, 2012 at the Kansas City office of Armstrong Teasdale. The meeting will feature guest speaker Marcus A. Banks, Senior Vice President – Litigation and Government Relations of Wyndham Worldwide Corporation. Mr. Banks will discuss evaluating and assessing litigation risk, negotiating and resolving litigation, and identifying and securing insurance coverage for claims.