Services for Established Franchisors
Because of our focus on
long-term relationships, the iFranchise Group has developed a number of services that
can help established franchisors prosper.
The vast majority of our
engagements with franchisors are highly customized to meet the very specific
needs of each client. A brief list of just some of these custom engagements may provide
you with a feel for our capabilities.
One of our most
relevant services focuses on the diagnostic side. Specifically
designed for franchisors who are looking to solve a problem or improve
effectiveness, the
franchise audit process provides
franchisors with the ability to pinpoint those areas in which rapid improvement
can be achieved -- and will provide them with recommendations as to how to
achieve that improvement.
One ready example of this is in
the area of franchise sales. When a franchisor is selling too slowly, it
could be for any number of reasons:
- An ineffective franchise
marketing message
- Inadequate marketing budget
- Targeting the wrong franchise
prospects
- Inappropriate media mix
- Failure to modify marketing
efforts to properly reflect historic results
- Poor timing of the marketing
campaign
- Poor marketing materials
- Poor initial follow-up
- Poor sales skills
- Improperly focused sales
efforts
- Poorly executed "Discovery
Day"
The list goes on and on. Without
knowing where the specific problem(s) lie, the franchisor can either take its
"best guess" as to what is "broken" or try to fix everything at once. The
franchise audit, however, allows the franchisor to focus on those specifics that
will most affect sales. By comparing your practices to the best
practices within franchising, the
franchise audit can readily identify where to focus your improvement
efforts.
Perhaps the single most
important aspect for the aggressive growth franchisor is having the right
personnel. Through our relationship with
Franchise Recruiters , we can be of assistance in recruiting top-flight personnel to
join your team. Having the right person in the right job can ultimately
mean the difference between success and failure.
Often,
young franchisors find themselves
in the middle of a perplexing dilemma: they do not have enough work (or
adequate cash flow) to justify the hire of a full-time staff member, yet they have
no one on staff with the time and/or expertise to provide vital services. In
these instances,
outsourcing services
provided by
the iFranchise Group can be the answer.
Outsourcing services are
available in the areas of:
- Operations management and
quality control
- Ad placement and media
management
- Ad fund management
- Centralized print fulfillment
- Franchise prospect
qualification
- Franchise sales management
(coaching)
For some franchise companies,
speed of growth is the problem, not because they are growing too slowly, but
because they are growing too fast! An aggressive sales force can outstrip
a company's ability to properly train and support its franchisees. While this
may sound like a good problem to have for some franchisors, the fact is this
problem can lead to a fatal downward spiral for the young franchisor. Many
franchisors have found that one of the keys to enhancing their support is
automating their training and support process. Again, the iFranchise Group
can help.
And, of course, many of the
services that we provide to start-up franchisors may also be appropriate for
established franchisors who need to update, revise, or create
these materials. Some of the services include:
-
Development
or redesign of brochures, e-brochures, web pages, and logos
-
Updating of
Operations Manuals
-
Training Program curricula, PowerPoint presentations, training aids, and
tests
-
Interior branding
programs and other consumer marketing assistance
-
Interior and
exterior design
Call us at 708-957-2300 to
see how we can customize a program to meet your needs.