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Five Star Franchising Names Colt Florence As Senior Vice President of Franchise Development

Jul 29, 2024about 1 year ago

Position

Vice President

Company

Five Star Franchising

Colt Florence
SpringvilleSoftware

Description

Colt Florence has been appointed as Senior Vice President of Franchise Development at Five Star Franchising, demonstrating the company's ongoing strategic commitment to empowering franchise owners by investing in top leadership talent.

Company Information

Company

Five Star Franchising

Location

Springville, Utah, United States

About

Five Star Franchising is an innovative group of franchised brands that includes 1-800-Packouts, 1-800-Textiles, Five Star Bath Solutions, Joe Homebuyer, Gotcha Covered and Bio-One. Also under the Five Star umbrella is ProNexis, a leader in call center and lead-generation systems for home services franchisees. In total, the Five Star brands represent over 400 franchise territories across the United States and Canada. Five Star represents one of the leading franchising systems in the industry with a mission to ensure its brands are top performers in technology, marketing, branding, and people. With a franchisee-first approach to business, Five Star excels at ensuring local-market success for each of their franchisees. For more information, visit www.fivestarfranchising.com.

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months