Franchise Agreement Renewal Specialist
Purpose Brands, LLC
Benefits
- Medical coverage
- Dental coverage
- Vision coverage
- Life insurance
- Disability insurance
- Unlimited time off
- Paid holidays
- 401(k) matching
Perks
- Hybrid work environment
- Brand discounts
- Reimbursements
- In-house workout facilities
- Professional development
Skills
About the Role
Through high touch communication and client relationship management, you will work closely with our existing franchisees to secure their re-investment with our brands through renewal of their Franchise Agreements and deliver successful renewal rates which contribute to positive contract lifetime value and minimize attrition for Purpose Brands LLC. Additionally, you will be responsible for anticipating risk, identifying opportunities to streamline the process, and improve communication touchpoints with internal and external stakeholders.
Purpose/Impact: (Duties & Essential Functions)
- Effectively manage territory pipelines of 150+ and guide franchisees through the end-to-end Franchise Agreement Renewal process and attain successful on-time franchise agreement renewals and meet or exceed yearly renewal rate goals and renewal revenue goals.
- Serve as single point of contact and build strong relationships by becoming a trusted champion for Franchisees within the Franchise Agreement Renewal process.
- Navigate the Franchise Disclosure Document and the Franchise Agreement renewal terms to reestablish the brand value proposition and evolution.
- Professionally engage with Franchisees through clear, timely, and various communication channels to discuss and overcome objections updated in the contract terms such as pricing or requirements due post renewal.
- Proactive pipeline management execution through consistent follow-up regarding deliverables, timelines, and deadlines.
- Identify risks/concerns/opportunities and overcome objections that may result in Franchise attrition and escalate when appropriate.
- Lead complex conversations, make decisions and problem solve independently or using information from others, data, and feedback while providing an empathetic experience.
- Provide excellent communication to both the Franchisees and internal corporate teams.
- Cross functional partnership and collaboration with Resale team, Real Estate, Store Development Remodels, Construction, Brand Protection, Franchise Business Consultants, and other Franchise Administration teams based on the renewal path.
- Draft, send, and collect franchise Intent to Renew documents for all renewal transactions in the per your territory pipeline.
- Collect any updated entity documents and update administrative information collected per your territory pipeline.
- Send and collect Franchise Agreement renewal documents to Franchisees with renewing transactions on schedule per your territory pipeline.
- Process all documents for renewals, enter new information into CRM and fees per your territory pipeline.
- Provide regular and scheduled feedback/reports to the team and other departments.
- Work closely with the legal department to request the appropriate legal documents to renew or amend Franchise Agreements per your territory.
Strengths:
- Practical experience in client relationship management through email, video calls, inbound and outbound calls.
- Strong attention to detail and accuracy.
- Forward thinking and a planner.
- Highly organized and self-driven, with the ability to self-manage, multi-task and perform in a fast-paced, deadline-driven environment.
- Strong problem-solving, time, priority management and administrative skills.
- Results oriented with experience effective pipeline management.
- Coaching, negotiation, and relationship building management skills with the ability to be empathetic.
- Strong influencer with exceptional listening and communication skills (speaking, written, presentation) with an elevated level of empathy.
- Collaborative and team player mentality, positive attitude with the ability to learn quickly and easily adapt to a dynamic work environment is a must.
- Excellent computer skills with the ability to work with multiple technology platforms simultaneously. Proficient in Microsoft Office Suites (Word, Excel, PowerPoint, Outlook). CRM and DocuSign systems familiarity.
Background:
- Minimum 2-year college degree or higher preferred.
- 3-5 years of business-related experience, legal, franchise, customer success renewal or account management.
- Franchise experience is a plus.
Hourly Range: $27.88 - $28.85 per hour (This is a full time position)
What’s in it for you?
We offer a competitive salary along with exceptional benefits such as:
Medical, Dental and Vision Coverage
Hybrid Work Environment
Life and Disability Insurance
Unlimited Time off + Paid Holidays
Fridays off between Memorial Day and Labor Day
401(K) Savings Plan Matching at 4%
10 Coaching and Therapy sessions
Mental Health Benefits
Brand Discounts & Reimbursements
In-house workout facilities
Professional Development Opportunities
Team Building, Employee Engagement Activities & so much more
WORK SCHEDULE
Purpose Brands LLC, currently observe the following hybrid work model for employees at our Boca Raton (FL), Woodbury (MN), and Seattle (WA) offices:
Remote optional: Fridays
On-site days: Mondays, Tuesdays, Wednesdays and Thursdays
DIVERSITY, EQUITY, AND INCLUSION STATEMENT
Purpose Brands is committed to encouraging, facilitating, and upholding an environment centered on diversity, equity, and inclusion across every facet of the Purpose Brands. We will work to create a sustainable culture that supports a healthy space for learning and growing, valuing, and empowering every employee, inspiring a diverse franchise network, and uplifting the members and communities we serve.
EEO STATEMENT
Purpose Brands provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Discrimination of any type will not be tolerated.
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