Informational

Keys to Growing Your Franchise Business  

July 21, 2023

1.      Follow the Franchise Playbook.

Yes, it is important for franchisees to follow the franchise playbook, as it contains the proven business model, policies, and procedures that have been developed and refined by the franchisor over time. By following the playbook, franchisees can benefit from the franchisor's expertise, experience, and brand recognition, which can increase their chances of success.

The franchise playbook typically includes guidelines for everything from marketing and advertising to hiring and training employees, as well as operational procedures for running the business. By following these guidelines, franchisees can ensure that they are providing a consistent customer experience that aligns with the franchisor's brand standards.

However, it's also important for franchisees to have some flexibility within the playbook to adapt to the local market and meet the needs of their customers. This can include customizing marketing and promotions or offering additional services that are not part of the standard franchise offering.

Ultimately, successful franchisees strike a balance between following the franchise playbook and putting their own stamp on the business. By doing so, they can benefit from the franchisor's support and brand recognition while still creating a unique identity that resonates with their customers.

 

2.      Marketing is an investment not an expense.

Yes, marketing your franchise is an investment in the growth and success of your business, rather than just an expense. Marketing is one of the most important aspects of any business, and franchises are no exception. It is crucial to get the word out about your franchise to potential customers in order to generate leads, build brand awareness, and ultimately drive sales.

When franchisees invest in marketing, they are making a strategic decision to allocate resources towards growing their business. This investment can take many forms, including advertising, public relations, social media, and other promotional activities. By investing in marketing, franchisees can increase their visibility and reach, which can translate into increased sales, higher revenue, and greater profitability over time.

In addition, marketing is an ongoing investment that requires consistent effort and resources. By continually investing in marketing and adapting to changing market conditions and consumer preferences, franchisees can position themselves for long-term success and sustainable growth.

It's important to note that marketing is not a one-size-fits-all solution, and franchisees should work closely with their franchisor to develop a marketing strategy that is tailored to their specific business and market. By working together, franchisees and franchisors can develop a comprehensive marketing plan that maximizes the franchise's potential and drives long-term success.

 

3.      It starts with your staffing.

Yes, staffing is a critical component of building a successful franchise. The employees who work at a franchise location are often the face of the business and play a key role in delivering a positive customer experience. Therefore, it's important for franchisees to invest time and resources in building a strong team of employees.

One of the first steps in building a great staff is to screen and hire the right people for the job. This means identifying candidates who not only have the necessary skills and experience, but who also share the franchise's values and are committed to providing excellent customer service. Franchisees should also provide comprehensive training and ongoing support to ensure that employees are equipped to perform their jobs effectively and efficiently.

In addition, franchisees must also create a positive work environment that encourages employee engagement and retention. This can include providing competitive wages and benefits, offering opportunities for advancement and professional development, and fostering a culture of teamwork, collaboration, and open communication.

By investing in great staffing, franchisees can create a positive work environment that attracts and retains top talent, which can lead to higher employee morale, improved customer satisfaction, and ultimately, increased sales and profitability. A strong team of employees is essential to building a successful franchise that can withstand the challenges of the competitive marketplace and deliver long-term success.

 

4.      Create an outstanding customer experience. It’s more than the functional service.

Yes, creating an outstanding customer experience goes beyond just providing functional service. While providing quality products and services is certainly important, it's just one part of creating a memorable and positive customer experience.

To truly stand out from the competition, franchisees should focus on creating an emotional connection with their customers. This means going above and beyond to exceed customer expectations and make them feel appreciated, valued, and special. Some ways to achieve this include:

Personalization: Franchisees should strive to understand their customers' unique needs and preferences and tailor their products and services accordingly. This can include offering personalized recommendations, remembering customer names and preferences, and providing a more customized experience.

Hospitality: Franchisees should create a warm and welcoming environment that makes customers feel at home. This can include offering amenities such as comfortable seating, free Wi-Fi, and refreshments, as well as providing exceptional service that goes above and beyond.

Engagement: Franchisees should engage with their customers and make them feel part of a community. This can include hosting events and activities that bring customers together, encouraging customer feedback and suggestions, and creating a sense of shared values and purpose.

By creating an outstanding customer experience that goes beyond just functional service, franchisees can build strong relationships with their customers that lead to increased loyalty, repeat business, and positive word-of-mouth referrals. In today's competitive marketplace, creating a memorable and positive customer experience is essential to building a successful and thriving franchise.

5.      Be a big part of your community.

a.      Get out in the community.

b.      Give back to your community.

Yes, community involvement is a key component of building a successful franchise. Franchisees who actively engage with their local community can build strong relationships with customers, increase brand awareness, and establish themselves as a trusted and valued member of the community.

There are many ways that franchisees can get involved and give back to their community. Some examples include:

Participating in local events: Franchisees can participate in local events such as parades, festivals, and charity functions. This provides an opportunity to showcase their brand and connect with potential customers.

Supporting local causes: Franchisees can support local causes by donating time and resources to local charities, schools, and non-profit organizations. This not only supports a good cause but also helps to build a positive reputation in the community.

Partnering with local businesses: Franchisees can partner with other local businesses to cross-promote each other's products and services. This helps to build a strong network of local businesses and can lead to increased sales and revenue.

By getting involved in the community and giving back, franchisees can build strong relationships with customers and establish themselves as a valuable member of the community. This can lead to increased brand loyalty, positive word-of-mouth referrals, and a strong reputation that sets the franchise up for long-term success.

 

6.      Always aggressively attract newcustomers.

a.      New User Promotions

b.      Referral Programs

Yes, attracting new customers is essential to building a successful franchise. Franchisees who can attract new customers consistently can increase their customer base, boost sales and revenue, and create a strong and successful franchise.

One effective way to attract new customers is through new customer promotions. These promotions can include discounts, free products or services, or other incentives to encourage new customers to try the franchise. By offering a compelling promotion, franchisees can create a sense of urgency and excitement that can help attract new customers.

Another effective way to attract new customers is through referral programs. Referral programs incentivize existing customers to refer their friends and family to the franchise. This can be done through discounts, free products or services, or other rewards for successful referrals. Referral programs not only help attract new customers but also create a sense of loyalty and engagement among existing customers.

In addition to new customer promotions and referral programs, franchisees can also attract new customers through targeted advertising and marketing campaigns, social media outreach, and community engagement. By staying actively engaged with the local community and creating a strong online presence, franchisees can attract new customers and establish their franchise as a trusted and valued member of the community.

By aggressively attracting new customers through new customer promotions, referral programs, and other strategies, franchisees can build a strong and successful franchise that consistently attracts and retains customers over the long term.

 

7.      Nurture and support loyal customers.

a.      Loyalty promotions

b.      Special member gifts

Yes, nurturing and supporting loyal customers is essential to building a successful franchise. Loyal customers are the lifeblood of any business, and franchisees who can cultivate a strong sense of loyalty among their customer base can enjoy a variety of benefits, including increased sales and revenue, positive word-of-mouth referrals, and a strong and enduring brand reputation.

One effective way to nurture and support loyal customers is through loyalty promotions. These promotions can include discounts, free products or services, or other incentives that are exclusively available to loyal customers. By offering these promotions, franchisees can create a sense of exclusivity and make their loyal customers feel appreciated and valued.

Another effective way to nurture and support loyal customers is through special member gifts. These gifts can include anything from branded merchandise to exclusive experiences that are only available to loyal customers. By providing these gifts, franchisees can create a sense of community and belonging among their loyal customers, which can help to strengthen brand loyalty and enhance customer retention.

In addition to loyalty promotions and special member gifts, franchisees can also nurture and support loyal customers by providing exceptional customer service, responding promptly to customer feedback, and creating a warm and welcoming environment that makes customers feel at home. By going above and beyond to support their loyal customers, franchisees can establish themselves as a trusted and valued member of the community and build a strong and successful franchise that is built to last.

 

8.      Develop passionate Ambassadors.

a.      "Passionistas" are extremely valuable.

b.      Big difference between true advocates and mercenaries.

Yes, developing passionate brand ambassadors is crucial to building a successful franchise. Passionate brand ambassadors, or "passionistas," are customers who are emotionally connected to the franchise and are eager to share their positive experiences with others. These brand advocates can be extremely valuable to the business, as they can help to increase brand awareness, drive sales, and create a strong and enduring brand reputation.

There is a big difference between a passionate brand ambassador and a paid influencer. While both can be effective in promoting a brand, passionate brand ambassadors are often more genuine and authentic in their advocacy. They are customers who have had a positive experience with the franchise and are eager to share that experience with others. Paid influencers, on the other hand, are often motivated by financial incentives and may not have a genuine emotional connection to the brand.

To develop passionate brand ambassadors, franchisees must focus on creating a customer experience that is exceptional and memorable. This can be done through exceptional customer service, personalized attention, and a warm and welcoming environment that makes customers feel valued and appreciated. By providing a positive customer experience, franchisees can create a sense of loyalty and emotional connection among their customers, which can lead to passionate brand advocacy.

Franchisees can also encourage and reward passionate brand ambassadors through referral programs, loyalty promotions, and other incentives. By recognizing and appreciating their most loyal and passionate customers, franchisees can create a sense of community and belonging that can help to strengthen brand loyalty and enhance customer retention.

Inconclusion, developing passionate brand ambassadors is essential to building a successful franchise. By focusing on creating a positive customer experience and nurturing strong relationships with their customers, franchisees can cultivate a community of loyal and emotionally connected brand advocates who can help to drive sales, increase brand awareness, and create a strong and enduring brand reputation.

 

9.      Always ask for a Review.

Yes, asking customers to provide a review on platforms like Google, Facebook, or Yelp after a successful service is an important part of building a successful franchise. Online reviews can have a significant impact on a franchise's reputation and can influence the buying decisions of potential customers.

By asking customers to leave a review after a successful service, franchisees can generate positive reviews that can be used to promote their franchise and attract new customers. Positive reviews can also help to build trust and credibility with potential customers, as they provide social proof that others have had a positive experience with the franchise.

It's important to note that franchisees should only ask customers to leave a review if they feel that they have provided a successful service. Asking for a review after a negative experience can backfire and lead to negative reviews that can harm the franchise's reputation.

When asking for a review, franchisees should make it easy and convenient for customers to leave a review by providing links to the relevant review platforms and offering clear instructions on how to leave a review. They can also incentivize customers to leave a review by offering discounts, free products or services, or other rewards for successful reviews.

According to Google Search Help, having positive reviews on Google can improve search engine optimization (SEO) for a business. [1] This is because Google considers the quantity and quality of reviews in its search algorithm. By having a high number of positive reviews, a business is seen as more authoritative and trustworthy, and thus more likely to appear higher in search engine results pages (SERPs).

Inconclusion, asking customers to provide a review on platforms like Google, Facebook, or Yelp after a successful service is an important part of building a successful franchise. Positive reviews can help to promote the franchise, attract new customers, and build trust and credibility with potential customers.

 

10.  Social media is critical; use it well.

Yes, social media is an essential part of local franchisee success, and boosted posts can be a valuable tool in a franchisee's social media plan. Boosted posts are paid advertisements that appear on social media platforms like Facebook and Instagram and can help to increase the reach and visibility of a franchisee's social media content.

Boosted posts can be particularly effective for promoting local events, offers, or promotions, and can help to target specific demographics or geographic locations. By using boosted posts, franchisees can ensure that their social media content is seen by a wider audience, which can help to increase brand awareness and drive sales.

When creating a boosted post, franchisees should consider the audience they want to target, the message they want to convey, and the timing of the post. They should also set a budget for the post and monitor its performance to ensure that it is generating the desired results.

In addition to boosted posts, franchisees should also focus on creating engaging and relevant social media content that resonates with their target audience. This can include sharing user-generated content, responding to customer inquiries, and showcasing local events or community involvement.

By incorporating boosted posts and other social media strategies into their local marketing plan, franchisees can create a strong online presence that helps to drive brand awareness, customer engagement, and business growth.

 

11.  Sell, sell, sell!

Yes, selling is a critical skill in successfully building a franchise business. As a franchisee, it's important to be able to effectively sell your products or services to potential customers to drive business growth and generate revenue.

One of the key benefits of owning a franchise is that you have access to an established brand and business model, which can help to attract customers and generate leads. However, it's up to the franchisee to convert those leads into paying customers through effective selling techniques.

Effective selling requires a combination of product knowledge, communication skills, and relationship building. As a franchisee, it's important to understand the features and benefits of your products or services, and to be able to communicate these effectively to potential customers. This can involve addressing customer needs and pain points, and highlighting how your products or services can solve their problems or improve their lives.

Relationship building is also an important aspect of selling. By establishing a rapport with potential customers, franchisees can build trust and credibility, which can help to increase the likelihood of a sale. This can involve active listening, asking questions, and showing a genuine interest in the customer's needs and concerns.

In addition to these skills, franchisees should also be skilled at lead generation and prospecting, which involves identifying and reaching out to potential customers. This can involve a range of techniques, including online marketing, networking, and cold calling.

 

In conclusion, selling is a critical skill in successfully building a franchise business. By mastering sales techniques, franchisees can attract and convert leads into paying customers, driving business growth, and generating revenue.

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