Top 10 Franchise Manager Certifications
Updated 17 min read
Certifications are important for a franchise manager in the job market because they demonstrate to potential employers that the candidate has a thorough understanding of the industry and can handle the complexities of managing a franchise business. Certifications also give employers confidence that their prospective employee is knowledgeable about the latest trends and techniques in franchising and is capable of making sound decisions when it comes to business operations. Additionally, certifications can provide a competitive edge in an increasingly crowded job market, as employers look for candidates with specific skills and qualifications. Ultimately, having certifications makes a franchise manager more attractive to potential employers, increasing their chances of being hired.
The purpose of this article is to provide an overview of some of the top certifications available for Franchise Managers and explain how these certifications can help advance their career.
What are Franchise Manager Certifications?
Franchise Manager Certification is a professional credentialing program designed to help franchise managers gain the knowledge and skills they need to successfully manage their franchises. The certification program is designed to provide individuals with the necessary tools and resources to effectively lead their franchises. It covers topics such as customer service, marketing, finance and accounting, operations, legal issues, and more.
The certification helps franchise managers stay up-to-date on the latest trends in franchising. It also provides them with an understanding of the business operations necessary for a successful franchise operation. Through this certification program, franchise managers are able to develop the skills they need to make informed decisions that will positively impact their businesses. Additionally, Franchise Manager Certification provides individuals with access to a network of other successful franchise owners who can offer guidance and advice on how best to grow their businesses. This can be invaluable in helping them build stronger relationships with their customers and ensure that their franchises remain profitable.
Pro Tip: When considering franchise manager certification, make sure to research the different types of certifications available and what they entail. Look for certifications that are accredited by a recognized franchising organization such as the International Franchise Association (IFA). Additionally, make sure to look into any continuing education requirements associated with the certification in order to maintain your credential.
Related: What does a Franchise Manager do?
Top 10 Franchise Manager Certifications
Here’s our list of the best certifications available to Franchise Managers today.
1. Certified Franchise Executive (CFE)
The Certified Franchise Executive (CFE) is a professional designation that recognizes individuals who have demonstrated a comprehensive knowledge and understanding of the franchise industry. It is administered by the International Franchise Association (IFA) and is considered to be one of the most respected credentials in franchising.
To become a CFE, applicants must meet certain educational and experience requirements and pass an exam. Applicants must have at least three years of full-time, paid experience in franchising, as well as either a bachelor’s degree or equivalent work experience. Additionally, they must complete two IFA-approved courses related to franchising or take part in an IFA-approved course of study.
The exam consists of multiple choice questions covering topics such as business law, marketing, operations, finance and human resources. The exam takes approximately four hours to complete and can be taken online or at an approved testing center.
The cost for taking the CFE exam is $395 for members of the IFA and $595 for non-members. There are also additional fees associated with becoming a CFE that include membership dues ($195/year), application fees ($50), and annual renewal fees ($50).
Once applicants have successfully passed their exams, they will receive their CFE certification within six weeks after passing their exams.
2. Certified Franchise Professional (CFP)
The Certified Franchise Professional (CFP) is a professional certification program designed to recognize individuals who have achieved a high level of knowledge and expertise in the field of franchising. The CFP designation is awarded by the International Franchise Association (IFA) to individuals who demonstrate an in-depth understanding of the franchise business model, its operations, and its legal requirements.
To become certified, applicants must have at least three years of experience in the franchising industry, including two years as a franchisee or franchise consultant. They must also complete a comprehensive exam covering topics such as franchisor/franchisee relationships, franchise law, and operational best practices. The exam consists of 100 multiple choice questions and takes approximately four hours to complete.
The cost for the CFP certification program is $750 for IFA members and $950 for non-members. This fee includes access to study materials and resources, registration for the exam, and one year of membership with IFA. Upon successful completion of the exam, applicants will receive their official CFP certificate from IFA.
3. Certified Franchise Administrator (CFA)
A Certified Franchise Administrator (CFA) is a professional designation that recognizes an individual’s knowledge and expertise in the field of franchising. The CFA credential is awarded by the International Franchise Association (IFA) to individuals who have demonstrated a mastery of the legal, financial, operational, and marketing aspects of franchising.
To become a CFA, an individual must complete the IFA’s CFA program, which consists of four courses: Introduction to Franchising; Legal Aspects of Franchising; Financial Aspects of Franchising; and Marketing Aspects of Franchising. Each course requires approximately 40 hours of study time. Upon successful completion of all four courses, an individual will receive their CFA certification.
The cost for the CFA program varies depending on whether or not you are an IFA member. For non-members, the cost is $1,995 USD for all four courses. For members, the cost is $1,595 USD for all four courses.
Once you have completed all four courses and received your CFA certification, you will be eligible to take advantage of exclusive benefits offered through IFA membership such as discounts on conferences and seminars, access to industry research reports and newsletters, networking opportunities with other CFAs and more.
4. Certified Franchise Operations Manager (CFOM)
Certified Franchise Operations Manager (CFOM) is a certification program offered by the International Franchise Association (IFA). The CFOM program is designed to provide franchise professionals with the knowledge and skills necessary to effectively manage a franchise system.
The CFOM program consists of three courses: Introduction to Franchising, Franchise System Management and Strategic Planning for Franchises. Each course must be completed in order to receive the certification. The courses are offered online or in-person through IFA's accredited training partners.
The cost of the CFOM program varies depending on the format chosen. Online courses typically cost between $500-$700, while in-person courses can range from $1,000-$2,000.
In order to become certified, applicants must have at least three years of experience in franchising or related fields such as business management or marketing. They must also pass an exam administered by IFA. The exam covers topics such as franchising law, operations, sales and marketing and financial management.
The CFOM certification is valid for three years and can be renewed by taking additional courses or passing an updated version of the exam.
5. International Franchise Association Certification Program (IFA-CP)
The International Franchise Association Certification Program (IFA-CP) is a comprehensive program designed to recognize and certify franchise professionals who have achieved a high level of knowledge, experience, and expertise in the franchising industry. The IFA-CP is the only certification program that is recognized by the International Franchise Association (IFA).
The IFA-CP consists of two parts: an online course and an exam. The online course provides an overview of franchising fundamentals, including topics such as franchise law, operations, marketing, finance, and more. The exam tests your knowledge on these topics.
It typically takes about 6 months to complete the program. To get started with the IFA-CP, you must first register for the online course. After completing the course material, you must then take and pass the exam in order to become certified.
The cost of the IFA-CP varies depending on whether you are a member of the IFA or not. If you are a member of the IFA, you can receive a discounted rate for both the course and exam fees. Non-members will pay full price for both fees. In total, it typically costs between $500 - $1,000 USD to become certified through this program.
6. American Association of Franchisees and Dealers Certification Program (AAFD-CP)
The American Association of Franchisees and Dealers (AAFD) Certification Program (AAFD-CP) is a voluntary certification program that recognizes franchisees and dealers who demonstrate excellence in their business operations. The program was created to help franchisors, franchisees, and dealers build stronger relationships based on trust and respect.
The AAFD-CP certification process includes an online application, a review of the applicant’s business practices, and an onsite visit by an AAFD-CP certified inspector. The inspector will evaluate the applicant’s compliance with the AAFD-CP standards and provide feedback on areas for improvement. Once the applicant has met all of the criteria, they will receive their AAFD-CP certification.
The entire process typically takes about three months to complete from start to finish. This includes time for submitting the application, being reviewed by the inspector, and receiving final approval from the AAFD-CP board of directors.
To get started with the certification process, applicants must first submit an online application form which can be found on the AAFD website. Applicants must provide detailed information about their business operations including financial statements, customer service policies, employee training programs, marketing strategies, etc. Once submitted, applications are reviewed by an AAFD-CP certified inspector who will contact applicants if additional information is needed or if there are any discrepancies in their application materials.
The cost of obtaining AAFD-CP certification varies depending on factors such as size of business and number of locations but typically ranges from $1,000 - $2,500 USD for a single location/franchisee/dealer entity. This fee covers all costs associated with completing the certification process including application fees, inspection fees, administrative fees and other related expenses.
7. International Council of Franchising Executives Certification Program (ICFE-CP)
The International Council of Franchising Executives Certification Program (ICFE-CP) is a professional certification program designed to recognize the knowledge and experience of franchising executives. This certification program is offered by the International Franchise Association (IFA).
The ICFE-CP is an intensive, six-month program that requires participants to complete a series of courses and exams. The courses cover topics such as franchise law, franchisor/franchisee relations, marketing strategies, operations management, and financial analysis. Upon successful completion of the coursework and exams, participants are awarded the ICFE-CP designation.
To become certified through the ICFE-CP program, applicants must have at least five years of executive experience in franchising or related fields. Applicants must also submit a written application that includes their resume and references from two current or former employers in the franchising industry.
The cost for the ICFE-CP program varies depending on whether you choose to take the online or in-person classes. The online classes cost $2,400 while the in-person classes cost $3,000. Additionally, there are fees associated with taking the exams which range from $100-$200 per exam.
8. National Association of Professional Franchisors Certification Program (NAPF-CP)
The National Association of Professional Franchisors Certification Program (NAPF-CP) is a certification program that provides franchisors with the knowledge and skills to effectively manage their franchise operations. The NAPF-CP is designed to help franchisors develop a comprehensive understanding of the franchise system, including its legal, financial, marketing and operational aspects.
The NAPF-CP consists of three courses: Franchise Law & Regulations, Franchise Business Model & Operations, and Franchise Marketing & Sales. Each course is designed to teach franchisors how to successfully operate their franchise business.
The program takes approximately six months to complete. During this time, franchisors will be required to attend two onsite sessions at the NAPF headquarters in Atlanta, Georgia. The first session covers the fundamentals of franchising and the second session focuses on advanced topics such as legal compliance and operational best practices.
In order to become certified through the NAPF-CP program, franchisors must pass all three courses with a minimum score of 80%. Once certified, they must renew their certification every two years by completing additional training or attending refresher courses.
The cost for the NAPF-CP program varies depending on the number of participants registered for each course. Generally speaking, it costs between $2,500 - $3,500 per person for all three courses.
9. Institute for Independent Business Certification Program (IIB-CP)
The Institute for Independent Business Certification Program (IIB-CP) is a professional certification program designed to equip business owners and entrepreneurs with the skills, knowledge, and resources needed to build and maintain a successful independent business. The program is offered by the Institute for Independent Business (IIB), an international organization dedicated to helping small businesses succeed.
The IIB-CP consists of four core modules: Entrepreneurship, Financial Management, Marketing & Sales, and Operations & Leadership. Each module contains a series of online courses that cover topics such as starting a business, developing financial plans, understanding customer needs, creating marketing strategies, managing operations, and leading teams. Participants must complete all four modules in order to obtain their IIB-CP certification.
The IIB-CP takes approximately 6 months to complete. Participants must complete each course within the module before they can move on to the next one. Upon completion of all four modules, participants will receive their IIB-CP certificate.
To get started with the IIB-CP program, applicants must first submit an application form along with payment for the program fee. The fee varies depending on which country you are located in but typically ranges from $500-$1000 USD per person. Once accepted into the program, participants will be given access to their online course materials and can begin working towards their certification at their own pace.
The cost of the IIB-CP program includes all course materials as well as access to personalized coaching from experienced professionals who specialize in helping small businesses succeed. Additionally, upon successful completion of the program participants will receive a digital badge that can be displayed on their website or social media profiles as proof of their certification status.
10. National Retail Federation Franchise Management Certificate
The National Retail Federation Franchise Management Certificate is a professional development program designed to help retail franchise owners and managers gain the skills and knowledge needed to successfully manage their business. It is offered in partnership with the International Franchise Association (IFA).
The program consists of four online courses that can be completed at your own pace. The courses cover topics such as franchise systems, operations management, marketing, finance, customer service, and legal compliance. Each course takes approximately 10 hours to complete. Upon completion of all four courses, you will receive a certificate from the National Retail Federation that recognizes your achievement.
To get the certificate, you must first become a member of the IFA. Membership costs $295 per year and includes access to exclusive resources and discounts on products and services related to franchising. Once you are a member, you can register for the program through the IFA website or by calling their membership department at 1-800-955-6222.
The cost of the program varies depending on how many courses you take but typically ranges from $500-$600 USD for all four courses.
Do You Really Need a Franchise Manager Certificate?
When it comes to deciding whether or not one needs a Franchise Manager Certificate, the answer is not so straightforward. On the one hand, having a franchise manager certificate can certainly be beneficial in certain circumstances. It can demonstrate a level of expertise and professionalism that potential franchisees are looking for when considering investment opportunities. Furthermore, it can help to boost confidence when dealing with franchisors and other stakeholders.
On the other hand, there may be no real need for a franchise manager certificate in some cases. Depending on the size of the franchise business, the level of experience and expertise of the individual running it may not require any additional qualifications or certifications. If an individual has an established track record of success in managing a franchise business then there may be no need for them to obtain a certificate.
Ultimately, whether or not someone needs a Franchise Manager Certificate will depend on their individual circumstances and goals. It is important to weigh up all options before making a decision as to which path is most suitable for you.
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FAQs About Franchise Manager Certifications
1. What is a Franchise Manager Certification?
Answer: A Franchise Manager Certification is an industry-recognized credential that demonstrates a professional's knowledge and experience in managing franchises. It is typically obtained by attending specialized training programs, completing coursework and passing an exam.
2. Who needs to obtain a Franchise Manager Certification?
Answer: Any individual who wishes to work as a franchise manager should consider obtaining a Franchise Manager Certification. It is also beneficial for those who are interested in developing their professional skills and credentials in the field.
3. How long does it take to obtain a Franchise Manager Certification?
Answer: The time needed to obtain a Franchise Manager Certification varies depending on the program and individual's availability. Generally, it takes between six months and one year to complete the necessary coursework and exams.
4. What topics are covered in the certification program?
Answer: Topics covered in most franchise manager certification programs include franchising regulations, business law, marketing strategies, financial management, accounting principles, risk management and operations management.
5. Are there any prerequisites for obtaining this certification?
Answer: Yes, some programs may require applicants to have prior experience or education in business-related fields such as finance or accounting before they can enroll in the certification program.