Five Critical Planning Tactics To Achieve Franchise Success

 Critical Planning Tactics To Achieve Franchise SuccessIf you are looking for an opportunity to quickly jump-start your career, then buying a franchise is an excellent choice. Franchise opportunities are far less risky than starting your very own business, not to mention the benefits of following a proven business model, on-going franchise support, extensive training programs, top-notch marketing materials and operational assistance you’ll receive along the way. Consider these five critical planning tactics to achieve franchise success:

1. Follow the Franchise Model & Systems

 Critical Planning Tactics To Achieve Franchise Success

Be careful not to steer away from the path, the business foundation instilled by the franchisor is proven ultimately for your success. The franchise model you choose to invest in will have taken the necessary steps to determine what type of strategies are working and what has failed. It’s important to not only follow the franchise model you have selected, but to trust its proven track record of success. In order to get the most out of the franchisor’s system, follow the guidelines set in place. When you find yourself following the path laid out by the franchisor, you’ll be more likely to hit the ground running!

2. Take Advantage of On-Going Training & Support

When you join a franchise, remember to fully utilize initial and on-going training programs for a smooth and successful start-up. Tools like online training videos, manuals and webinars are designed to help you build your business. The more consistent you remain with your training, the more successful you will become. Miracle Method, the nation’s largest professional kitchen and bath franchise continues to exceed the industry standard for on-going franchise support and accelerated training programs. As you build your business, don’t forget to take advantage of the tools, support and encouragement offered by the franchisor along every step of the way.

3. Network, Network!

 Critical Planning Tactics To Achieve Franchise Success

Always take the opportunity to gain valuable insight and knowledge from the franchisor and experienced franchisees. Attending annual conventions, workshops and training is key to growing your business. As you become more acclimated, welcome new franchisees and lend advice when needed. When you take the extra step to reach out to new or existing franchisees from across the network, you may find that you might even learn about new strategies yourself.  Communication is key to solving day-to-day challenges and optimizing overall franchise performance.

4. Closing the Sale

 Critical Planning Tactics To Achieve Franchise Success

One of the biggest factors that limits the success of a franchise is the lack of sales knowledge. If you find yourself struggling to close the sale, consider bringing on an additional team member to assist with these duties. Hiring employees as your business grows, will free up more of your time to run the operational side of the business. Hiring the right salesperson can be a difficult task, but once you get the right person on your team, you’ll open the door for opportunity and grow your business even more!

5. Consistent Marketing

 Critical Planning Tactics To Achieve Franchise Success

When you join a franchise, you will gain access to a library of innovative promotional materials prepared by a team of marketing professionals at the Corporate Office. Beyond a proven marketing plan from the franchisor, it’s essential to be consistent with your marketing efforts. To operate your business effectively, be sure to market your product or service using multiple forms of advertising. In fact, most prospects need to see your ad at least ten times before picking up the phone to call you. Boost your brand!

Use these five critical planning tactics to achieve franchise success! For information about a  successful franchise opportunity with Miracle Method contact John Tubiolo at 855-212-7337.

Critical Questions to Ask When Reviewing Franchise Brands

If you’re interested in investing in a franchise, take the time to seriously evaluate each opportunity. When you take the time to ask the right questions, you are more likely to identify successful opportunities. We recommend asking each franchise you are exploring these top five determining questions.

How do you keep a focus on growth and innovation?

Reviewing Franchise Brands
Businesses who fail to maintain a high level of creativity or consistently make improvements, easily get left behind. For example, companies like Blockbuster, Borders and Kodak slowly disappeared after resisting change. When searching for the right franchise model, it’s important to learn more about the development plans of the franchise. Ask questions like, “what are your future plans for expansion?” Or, “How has your business changed as technology rapidly evolves?” Brands that stay fresh in the market are the ones who are consistently focused on innovation and continue to be more successful.

Are you able to easily adapt quickly to changes?

reviewing franchise brands

As many are aware, when dealing with any type of business environment there will be several changes that occur from unexpected forces. From organization structure to minimum wage, healthcare requirements and the overall economy, businesses are challenged. Whether it’s a large or small impact, the key to surviving good and bad economies is a proven business model.

How do you define your company’s competitive advantage?

reviewing franchise brands

Whichever franchise offering you choose to select, take a look at the competitive advantage offered. Whether its price, service, quality, location, or an existing customer base, having an advantage over your competitors will set your business apart. As always, understanding your customers is key to running a successful franchise.  When reviewing franchise brands, use great resources like 2016’s Top Franchises from Entrepreneur’s Franchise 500 list to guide you through the decision process of buying a franchise.

What is your strategy to maintain customer retention?

reviewing franchise brands

In any type of business you enter, return customers will be one of your top quality sources for leads. Successful franchises always take the necessary steps to keep customers coming back. Remember, if a franchise is not actively gathering and analyzing customer feedback, they are missing out on significant opportunities. Dedication to customer experience generates awareness and referrals, leading to even greater success!

Chuck Pistor, President of Miracle Method  says, “Obtaining direct feedback from our customers helps us to improve business operations, correct shortcomings, and deliver excellent customer service.” The Miracle Method Franchise is rapidly growing to keep up with the impressive demand for its refinishing services, combined with a proven business model, unparalleled training programs and ongoing support systems.

What type of training and support will be provided?

reviewing franchise brands

The number one question to discuss when reviewing a franchise opportunity is the type of training and support that will be provided. Startup and ongoing training programs backed by extensive franchise support are critical to launching a successful start-up. Training programs are the building blocks to learning new techniques for a more productive workforce. Ultimately, excellent franchise training and support will not only create a strong and consistent brand, but maximize revenue opportunities for the entire network. Check out the ratings and reviews of today’s top franchise opportunities as rated by actual owners.

Miracle Method has developed a proven business model and processes for a successful business including extensive training and support. To learn more about Miracle Method Franchise ownership opportunities, call us at 855-212-7337 to get started.