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!
How to Become a Franchise Manager
There is more than meets the eye when it comes to being a franchise manager. For example, did you know that they make an average of $38.1 an hour? That's $79,251 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.
What Does a Franchise Manager Do
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.
How To Become a Franchise Manager
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.
Choosing the right major is always an important step when researching how to become a franchise manager. When we researched the most common majors for a franchise manager, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on franchise manager resumes include master's degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a franchise manager. In fact, many franchise manager jobs require experience in a role such as sales representative. Meanwhile, many franchise managers also have previous career experience in roles such as manager or store manager.
Franchise Manager Career Paths
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.
Average Salary for a Franchise Manager
What Am I Worth?
Top Colleges for Franchise Managers
1. University of Pennsylvania
Philadelphia, PA • Private
2. Northwestern University
Evanston, IL • Private
3. University of Southern California
Los Angeles, CA • Private
4. New York University
New York, NY • Private
5. Pennsylvania State University
University Park, PA • Private
6. University of Texas at Austin
Austin, TX • Private
7. SUNY at Binghamton
Vestal, NY • Private
8. Northeastern University
Boston, MA • Private
9. Bentley University
Waltham, MA • Private
10. Lehigh University
Bethlehem, PA • Private
Top Skills For a Franchise Manager
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, 31.5% of franchise managers listed customer service on their resume, but soft skills such as communication skills and leadership skills are important as well.
Franchise Manager Demographics
Franchise Manager Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among franchise managers, 28.2% of them are women, while 71.8% are men.
- The most common race/ethnicity among franchise managers is White, which makes up 71.3% of all franchise managers.
- The most common foreign language among franchise managers is Spanish at 47.7%.
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Best States For a Franchise Manager
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, Washington, California, and Nevada. Franchise managers make the most in New Jersey with an average salary of $134,820. Whereas in Washington and California, they would average $128,836 and $122,085, respectively. While franchise managers would only make an average of $120,897 in Nevada, 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. Nevada
$120,897
Avg. Salary
2. California
$122,085
Avg. Salary
3. New Jersey
$134,820
Avg. Salary
How Do Franchise Manager Rate Their Jobs?
Top Franchise Manager Employers
Most Common Employers For Franchise Manager
| Rank  | Company  | Average Salary  | Hourly Rate  | Job Openings  |
|---|---|---|---|---|
| 1 | Exxon Mobil | $153,074 | $73.59 | 6 |
| 2 | Merck | $150,262 | $72.24 | 5 |
| 3 | PepsiCo | $113,067 | $54.36 | 15 |
| 4 | Ford Motor | $90,091 | $43.31 | 4 |
| 5 | 7-Eleven | $82,460 | $39.64 | 5 |
| 6 | iLoveKickboxing | $79,251 | $38.10 | 8 |
| 7 | Dunkin Brands | $74,957 | $36.04 | 4 |
| 8 | Smith & Nephew | $73,299 | $35.24 | 4 |
| 9 | H&R Block | $67,886 | $32.64 | 5 |
| 10 | Liberty Tax | $67,807 | $32.60 | 4 |
Franchise Manager Videos
