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FranNet, FranConnect partner to streamline, accelerate franchise industry growth

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FranNet, FranConnect partner to streamline, accelerate franchise industry growth
Consulting powerhouses combine power of Proven Match, Franchise Management Systems
 

LOUISVILLE, Ky. and RESTON, Va. — Two franchise support powerhouses, FranNet and FranConnect, have announced their plan to team their respective specialties in franchisee recruitment and digital franchise management solutions to provide brands a one-stop shop for finding and empowering their future owner-operators.

In addition to its leading consulting services, FranNet also brings its Proven Match subsidiary to the partnership. Proven Match uses a series of psychometric assessments to equip franchisors with insights about the specific behavioral profiles in their system, enabling companies to make informed decisions about current and prospective franchisees. Mutually beneficial relationships with a higher chance for success result for both the franchisor and franchisee after Proven Match determines their compatibility with the brand.

FranConnect plans to then support those new franchisees with its Franchise Management Services toolkit, which includes the company’s full array of solutions for operators, including data collection and information analysis, marketing automation, franchise management and franchisee engagement, and many more. FranConnect serves more than 500 brands comprised of more than 75,000 franchised locations. 

The partnership includes full integration between the two company’s software platforms allowing for full access to the Proven Match assessments and dashboards through FranConnect’s Franchise Management Services toolkit.

“FranNet and FranConnect collaborating in this manner makes perfect sense, because both companies for years have advanced the cause of franchising by providing the best tools and the best analytical methods to help franchisors and franchisees succeed together,” said Jania Bailey, President and COO of FranNet. “Proven Match, through its proprietary method of assessing potential franchisees’ chances of success, will continue to match franchisees with their ideal brand partners, and FranConnect’s suite of Franchise Management Services will provide them a comprehensive solution for efficiently managing their businesses from day one. Together, FranNet and FranConnect aim to eliminate the uncertainty from new franchise businesses and accelerate the growth of this dynamic industry.”

Amit Pamecha, Founder and CEO of FranConnect, added that once the most suitable franchisees and franchisors are paired together through the Proven Match process, FranConnect’s suite of software tools — including the franchise sales recruitment solution Captivate®, the operations solution PerformanceWise™, the social-media management tool FranBuzz, and the comprehensive marketing solution Zcubator — helps operators immediately address profitability.

“Once franchisees have found the perfect brand for their skill sets and goals, they will turn their focus to streamlining their operations, managing their relationship with the parent company, and driving their growth and profitability,” Pamecha said. “The years of best-practices research that underlies all of FranConnect’s applications and tools can help franchisees focus on their return on investment from the beginning. Integrating our solutions with FranNet’s will only bolster the effectiveness of both our product offerings.” 

About FranNet
FranNet is North America’s most respected leader in matching individuals with franchise ownership opportunities. Founded in 1987, FranNet has more than 100 experienced consultants across the United States, Canada, Germany and the United Kingdom. FranNet uses a proprietary profiling and consultative process to determine a business model unique to each client’s goals, skill sets and interests, and has matched thousands of prospective business owners to rewarding small business franchise opportunities. Based in Louisville, Kentucky, FranNet has been recognized by Inc. magazine as one of the fastest growing private companies in America for the last five years.
 
About Proven Match
Proven Match provides science-based insight and screening tools to help franchisors recruit, identify and ultimately onboard ideal franchisee candidates. A subsidiary of FranNet, Proven Match provides a comprehensive behavioral assessment and an established five-step process to equip franchisors with the specific behavioral profiles in their system, allowing them to scientifically identify the next group of quantifiable candidates most likely to succeed within their franchise business model. For more information, visit www.ProvenMatch.com.
 
About FranConnect, Inc.
FranConnect is the leading provider of Franchise Management Systems, with more than 700 brands and 100,000+ franchise locations - using the company’s comprehensive solutions to establish, grow, and manage their franchise operations. FranConnect’s integrated suite of applications allows franchisors to manage all aspects of operations, including Franchise Sales, Marketing, Financial Data Collection and Analysis, Royalty Invoicing and Automated Funds Transfer, Contract and Legal Document Management, Customer Relationship Management, Help Desk, Franchisee Support, Online Training, Supply Management, Marketing Automation, Digital Marketing, Franchisee Websites, Pay-Per -Click (PPC) and Adword Management, Social Media Management, POS Integration, franchisee onboarding, and more. For more information, visit www.franconnect.com, www.mycaptivate.com and www.Zcubator.com.

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MEDIA CONTACT:
Lauren Kaminski
No Limit Agency
312-526-3996

 

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