1. University of Pennsylvania
Philadelphia, PA • Private
Franchising is an excellent way for a company to continue growing its business without managing the day-to-day operations of each location itself. However, how does it make sure that each location is profitable and meets its standards? That's the job of a franchise manager.
The franchise manager works with new investors who want to become franchisees, vets them, and prepares contracts. They also work with existing franchisees to help them increase sales and follow company policies on things such as product displays. The franchise manager has to pay attention to the big picture and little details that help a company succeed.
Since the franchise manager's job is basically to help other people become better at sales, it makes sense that they need some form of sales experience. Most franchise managers have a college degree. Depending on the position, you should also be prepared for long days and some travel-it takes time to visit all the locations!
There are certain skills that many franchise managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, leadership skills and management skills.
If you're interested in becoming a franchise manager, one of the first things to consider is how much education you need. We've determined that 72.5% of franchise managers have a bachelor's degree. In terms of higher education levels, we found that 8.6% of franchise managers have master's degrees. Even though most franchise managers have a college degree, it's possible to become one with only a high school degree or GED.
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a franchise manager can determine their career goals through the career progression. For example, they could start out with a role such as general manager, progress to a title such as director of food and beverage and then eventually end up with the title director of food and beverage.
What Am I Worth?
There are several types of franchise manager, including:
Mouse over a state to see the number of active franchise manager jobs in each state. The darker areas on the map show where franchise managers earn the highest salaries across all 50 states.
|Rank||State||Number of Jobs||Average Salary|
Philadelphia, PA • Private
Evanston, IL • Private
Los Angeles, CA • Private
New York, NY • Private
University Park, PA • Private
Austin, TX • Private
Vestal, NY • Private
Boston, MA • Private
Waltham, MA • Private
Bethlehem, PA • Private
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 40.1% of franchise managers listed customer service on their resume, but soft skills such as communication skills and leadership skills are important as well.
After extensive research and analysis, Zippia's data science team found that:
1. Sales Operations/Management
Sales jobs span nearly every industry, from agribusiness and pharmaceuticals, to telecommunications and property management. And essential to sales is the management of the sales force. This course provides the knowledge and know how required for careers in sales management. Students are exposed to all facets of sales management, including organizing, selecting, training, motivating, supervising and compensating the sales force, territory management and administration and sales and expense...See More on Coursera
2. Inventory Management A-Z: Supply Chain & Business Operations
Inventory Management Basics: MBA beginners course to your optimize your Purchasing, Logistics, EOQ and Safety Stock...See More on Udemy
3. Supply Chain Management: Inventory Management and Control
Inventory Management in Supply Chain Management & Inventory Control in Warehouse Logistics & Supply chain Management...See More on Udemy
Some places are better than others when it comes to starting a career as a franchise manager. The best states for people in this position are New Jersey, New York, Virginia, and Washington. Franchise managers make the most in New Jersey with an average salary of $123,821. Whereas in New York and Virginia, they would average $117,670 and $106,063, respectively. While franchise managers would only make an average of $102,749 in Washington, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. New York
2. New Jersey
|Rank||Company||Average Salary||Hourly Rate||Job Openings|
|5||Smith & Nephew||$74,800||$35.96||4|
Yes, food chains is a good career path. There are many different skills that you can learn working at a food chain. There are also many different careers in the restaurant and hospitality industry. These offer a wide variety of salaries and career opportunities.