You decide to send out a suitable small gift with a personalised note advising businesses of your new corporate level services.  The letter attached to it gives them a local contact and some information on the new services and why they should choose you, it includes a call to action “call now” for a free sample, analysis, quote etc.

You then advise the Franchisee they can call the prospect and you provide an easy script for them to follow. It’s simple and should provide some solid leads over time. It can also be followed up and the contact details added to the franchisees database to market to later on.

The challenges, as stated in the first article, clear communication to the franchisees needs to take place so they know what’s taking place and why. A great marketing plan can only be great if the people on the front line know what is happening and why.

You could create a short video which you email to them to outline the process, or a step by step text email.

You could follow these up with a phone call, or have a webinar to outline the process and let them know why you picked the gift you did and how you worked with your friendly branding expert in the process.

Getting the communication right at every stage of the process should cut down on the amount of hassles you experience internally as well as ensuring you are setting great plans in place to develop and implement the marketing campaign.

There are lots of ways to market a business and if your task is to organise it for someone else (in this case franchisees) then get the process right so you can expect the right message to be delivered to the right people, so solid results can be tracked. This will then give  you great evidence about what works and good directions to take in the future.

• Get people on board – Communicate the aim clearly to them.
• Make the process easy to implement – Show them how to implement it and measure the results.
• Make the most of it – Show them ways to build the relationship beyond the initial campaign.

You might think this is fairly simple and standard, yet there seems to be a range of challenges people face with their franchisees and keeping them on board with the whole marketing “thing”. Some franchisees simply follow your lead, while others buck at every new thing which seems to be an expense rather than an investment.

What might seem a rather simple process can soon become a slinging match, especially if you have conflicting input into the process; or people in the organisation simply do not like or understand the intended concept, especially if it’s the Franchisees.

What’s important here is to make sure you market your marketing well, i.e. communicate clearly what it is, what its aim is and how it will be implemented. Then you have a greater chance to ensure you get stronger “buy in” from the team.

I have been part of a franchise organisation where the people creating the marketing had only a simple aim (to give the franchisees more prospects.) They failed to cater for the existing clients (encouraging them to buy more), nor did they have much idea of the target markets they were trying to reach or how to reach them.

The other challenge they failed dismally at was advising the Franchisees about ways to do their own Local Area Marketing with ease, so they could get stronger involvement from existing clients and build greater referrals.

Where to from here?

• Make sure the marketing plans and outcomes are clear about what’s happening and why.
• Use simple communication methods to let everyone know why the marketing is what it is and the aim of it. Then people will feel more at ease with the process and know what their investment will hopefully get them.

Far too often Franchisees can build resentment to things being thrust upon them, simply because they don’t know enough about the intended aims and processes involved.

In part two I will outline a way to implement this sort of strategy, so you can see the benefit of utilising your friendly branding expert to help take some pressure off for you.

Chances are if you have the time to read this, that’s probably about as good as things will get! So let’s jump in and see if we can provide some fast answers to your marketing department challenges.

Marketing relief options…

• Get support – There are a whole host of “marketing supply” organisations all wanting to take your cash and supply you with goodies, but use the ones who can take the pressure off. The good ones do this by doing at least SOME of the thinking and organizing for you as well as supplying great products, the great ones will show you how to use the products as well… Try calling your friendly branding expert and see if they can do it for  you.
• 1 hassle or five+? – If you look after marketing for a single organisation there is probably less hassle, however if you are looking after multiple organisations (in the case of a franchise group), then you might have a whole range of conflicting forces pushing and pulling. Find ways to keep these forces off your back, perhaps by educating the end users on how to fully use the marketing devices to full effect.
• Think, not do… – It’s easy to say it but sometimes hard to do it! Perhaps it’s outsourcing the “practical side of things” and even some of the thinking, so you can plan better what’s coming up next. A friendly Branding Expert should be able to assist you with this and not just be a provider of products.
• Plan – Yes the thinking part means you can be more strategic in your approach so planning has to be next. Figure out if you have to get more new customers, keep existing ones interested or support an organisation you are sponsoring. Then build your calendar of marketing options from there.
• Keep your people informed – if you are a one person marketing dept or a 100 strong team, your wider network of staff in the organisation will probably need to know about how to handle the promotions and various processes you will put in place so use your intranet, email and or training sessions, to give them information and get feedback on what’s taking place, often great ideas can come from some very unlikely sources.

Now you are back on track, see what’s out there to make your job easier and less hassle.

Combing through franchise businesses for sale notices should be less daunting if you implement a well thought-out research strategy. Using online research, industry publications, news clippings and other methods is a great starting point.

When identifying franchise opportunities, consider what will complement your lifestyle, business goals and your skill set. Some aspects to consider are outlined below.

Brand strength? Behind every successful business is a strong brand, bolstered by an enviable reputation. Read widely about how the franchise brand is perceived by the industry, customers and business partners. Part of what you’re buying is the company’s brand equity. What do you estimate the brand’s equity to be?

Finding out about financial health How open and transparent is the organisation about its financial health? A company’s balance sheet can provide valuable insights about how well placed the franchise business is to harness future growth.

Expenses today and in the future Before you buy a franchise, you’ll need to know what set-up costs are involved. There could also be ongoing costs, such as marketing or advertising levies.

Strategic marketing, PR and advertising expertise? Dig deeper into the company’s marketing strategy. What level of investment and support is offered nationally and locally? What marketing and branding expertise does the company offer? How well resourced is the organisation to fund public relations programs?

Systems for success? Systems are essential ingredients in any successful franchise network. How efficient are the franchise’s systems and processes – do they help or hinder your ability to operate the business?

Investigate the level of support on the ground Do they have a dedicated operational and field support team to assist you? Investigate the ratio of franchisees to field support infrastructure.

Consider the commercial environment Determine the competitive dynamics that are likely to impact the brand. Do they have a well-defined understanding of their competitors, future opportunities, trends and issues?

Create a shortlist of franchise business opportunities? Once you’ve created your wish list, shortlist your most suitable franchise opportunities. Map out what works for you and what doesn’t, including the business must-haves e.g. IT and marketing support, costs (one-off and ongoing) and other forms of critical infrastructure.

Talk to franchise owners at the coalface Franchise owners are valuable resources. They can often provide you with the ‘inside story’ about a potential franchise business opportunity.

Lesley D’Arcy – As a franchise recruitment manager at Mortgage Choice, Lesley D’Arcy is responsible for recruiting franchisees to greenfield (new) opportunities as well as selling established franchise businesses. Her career in franchise recruitment spans over 15 years where she has worked with many major franchise brands. Lesley has a wealth of experience in recruitment of franchisees and builds on this experience by unearthing and developing the latest and most innovative ways to help franchisors build their networks. This experience has given her the skills to become an expert in the field of franchise recruitment, excelling in lead generation, screening, qualifying and selling to prospective franchisees.

Over time the franchisor will build a “watertight contract” and expect the franchisee to know a lot of things about business and how to get results, but if the result in the business for the franchisee is less than spectacular, where is the “Duty Of Care” by the franchisor in all of this. It’s far too easy for them to throw their hands in the air and say things like “You knew what you were getting into” or “You had the disclosure documents…” “You had the info” and a whole list of other statements/excuses.

When a franchisee is experiencing challenges (not enough customers, not enough turnover, not enough full stop!) then the franchisor says “Well ask us for help” So some do, they drop their pride and call for help. Often the answers given relate to “Put more into your local area marketing” Hello! if I am down the “tubes” and have less cash, how can I put in to make things “better”.

I figure the franchisor should establish a “Duty Of Care” policy and or procedure for the good of the franchise, and the good of the franchise industry. In fact the duty of care policy should state. (For example) That a franchisee must keep a reserve float of emergency cash (in a bank account) that ensures they are able to pull out some extra to make things go “voom”, and over time add to that so it grows to cope with inflation etc.

I also figure they should be held accountable for the marketing… If they put an advert in a publication, was it designed by a marketing expert or the copy room at the local paper…? Then making sure the results are clearly and effectively measured so you can know how well the marketing $$ are spent and you are definitely getting a respectable return on the investment.

If the franchisor is working at building a robust organisation that can provide an effective system for the franchisee, then they need to make sure the people investing in the business are developing their business and financial accumen as well. Okay some have an annual conference, the people go and have a great time, but how many put the information into action? Is their “area supervisor” following up on that? Are their business plans reflecting that development? In many cases no.

Watch out for more “Duty of Care” observations, as they arise and franchisees become savvy to the idea and franchisors get caught out.

So far it’s a one way street with the contracts, but a savvy organisation will ensure they provide avenues to ensure a franchisees ongoing success and what a selling point that will be.

Training to win/win
You and your staff should be trained to make the whole show win, then the customers can win too. A great position to get to and stay in.  For some the idea of training staff means showing them the bare basics of their job, but go a bit deeper and encourage thinking around the idea of Win/Win, when they get the idea the concept will probably become infectious.

• Find out more about win/win and how you might create some examples you can discuss with your team.
• Look for examples of win/win already at play in your business.
• Use the concept to develop a team get together every so often to ask about and pass on ideas in business development.

Getting all this together is a great way to cause the team to work effectively together and can build the business to a strong position where people feel valued. This will then pass on to the customers and cause them to feel valued as well, in the end that’s what we all want.

Upholding great values
People love it when you are on a positive footing and in the values area it’s a great place to start (integrity – honesty, truthfulness etc.).

Start the business with a strong stance on the rights and wrongs, if you get caught by a staff member or a customer ripping people off, word will spread fast, not a good thing to have happen. Make your act squeaky clean and others will follow.

Make a list of the sorts of values you want the business to uphold, google them on your computer and find out more about what other businesses have as values, then find ways to integrate them into what you do, yes even if you have a one person business.

You may find you already have these values, they are automatic and things that inherently are of interest to you. But there may be areas you want to tweak so you can be better at those ones as well.

Over time the staff and customers will be certain to know your business has high integrity, honesty etc.. In a highly competitive market place these things can set you apart.

Covering overheads easily…
Overheads are often the thing, which can break the camels back, so make it easy for the camel and take the pressure off. In this case keeping the turnover and cash flow up so the overheads are not a challenge EVER! (I know, easier said than done…)

• Sell things which are wanted by your target ‘ideal customers’ this will mean you have things moving in and out again fairly quickly, and that’s good for business.
• Set your pricing right, sure beat your competition if you want, but make enough to make a profit too, then you are sure the overheads are covered.
• Know what your industry average is for turnover and profits, this way you can measure (benchmark) against the industry average and see how you fit in the scheme of things.
• Ask your customers what they want more of, it might be as simple as “better service” then you will know “It’s not the products or after sales service it’s the SERVICE!”
• Know exactly how much your overheads are and how many things need to be sold per day to cover them, then anything over this amount puts you ahead.
• Know what is selling and what’s not, aim to make every square inch of your sales area sell well, (even if it’s an online page!) simply by providing more of what your customers want. perhaps just moving something to another spot in your ‘store’ will make a difference.

Getting an objective view of your business is vital to figuring out which areas to focus on to improve cash flow and keep your overheads under control, so ask lots of questions, observe thoroughly what’s going on.

Now put these things into action and watch the results alter in a positive direction.

Enjoyable to run
Who wants a business, which is a hassle to run? Who wants to work in a tough field? No one… Make it a joy to be part of for you and staff and the low hassle enjoyable nature of the business will probably rub off onto the customers over time.

• Make the systems simple effective and clearly understood, no one wants to run a system they have little idea of why it is being done, especially in larger organisations.
• Ask the staff for suggestions on ways to make the work more enjoyable, perhaps multi tasking could be a useful starting point.
• Figure out the culture or if it’s a new business create a suitable culture one that is inclusive, cooperative and has fun some times, this way you will be encouraging the best from everyone involved.
• Make a Profit! This is an obvious point but without it the stress you suffer might soon spill over into the business. Take it easy that bad stress can wipe you out! So make sure you “juggle” things properly to ensure you have a profit and not just cover the overheads and wages.
• Smile, show you love it, show you love being there, show you love the staff, (yes love them!) let the positivity rub off.
• Ask lots of questions from all angles, the customer, the staff member, the senior staff and you… if there are common areas to be tackled then focus on those first.

If your business is enjoyable to run now, what would it be like if you went through and made it MORE enjoyable to run!

Creating easily saleable products and services
You want people to buy, not to um and err then walk away, so it should be easy for them to select what they want and then make the purchase with great peace of mind. Especially people in your ideal target market.

It may be one thing to provide a prestige product and another thing to have enough people in the right target market to meet the needs you have. Again it might be a case of having some prestige products and more of another not so prestige product.

When it comes to business you should be making sure that customer satisfaction is a number one concern, and a big part of that is the service and support your business provides. Make it EASY for people to get things serviced, not a hassle. Make it easy for people to select the right product, Make it easy for them to find a sales person, the list goes on.

So take a customers viewpoint and walk in and out of your store as if you were them, how quickly are you attended to? how gracious was the enquiry “How are you today sir…” How easy was it to get your bearings on where things are (online or in a physical sales environment…) Now ask yourself what can be done to make changes so the people walking in and out are really satisfied.

Also look at the things you may want to add to your range… How easy are they to market? And will people readily make enquiries that could lead to sales… These are all aspects of easily saleable products and services.
Taking all these things into account you should be able to”pull apart” the customer experience to know what’s working and what you can do about it.

Does your business fill a need and or want?
Hopefully it does both. If there is no need for what you have there will be no sales, therefore no business. This is a vital prerequisite for any business . Consider this, if you are selling diving gear in the middle of a desert you would not sell much, however a cold drinks stand would be a more obvious choice.

If you are just starting out in business do a lot of research to make sure what you have will fit, the local people, the culture, the psyche of the whole area, again if you are selling art in a working class area the amount you might sell may just be way less than a city where the arts might be more solidly valued.

Consider if are you providing for a want or a need, e.g. if you sell food, there is a need for that, if you sell dolls it’s more of a want, not a need. Ideally I guess the best scenario might be to have a needs based business that also sells some “wants” as well.

Watch out for things changing, cassette tapes were once the only portable music device, then came the CD… selling cassettes today would be a waste of time. So move with the changes so you don’t get left behind. What might start out as a solidly moving product range can become dead in the water fairly quickly.

Creating a business that people love!
Customers and staff a like love the business and what it does, heck why have a business that people despise? Go for love, it’s much better. But that’s easy to say… what can you do to make people love it?

• Find ways to engage the customers. – Consider a database and keep in contact – Create special deals they can’t get anywhere else (think packages) and the list goes on, get creative and explore.
• Engage the staff. Right from the start, cause the staff to ‘buy in’ to the philosophy, ethics, and other values and beliefs the business has, make it strong, make it real and make it matter, make it so the idea of turning up to work is a vital thrill in their day.
• How about you? Do you love the business? Why shouldn’t you aim to create an entity that really rocks, so you want to be there in such a way that it causes everyone else to believe in what you have created and it builds from there.

Now you have some starting points, what will you do to go the next step? research, evaluate, plan, budget, implement? Whatever order you put them in, make it work for you.

Creating a strong brand
You want your customers and prospects to recognise your business easily and remember it. This is where a strong brand comes in. Just as having a clear sense of what you do is important, then so is the brand for recognition.

A designer should be briefed that this is an important aspect of the logo and other design work you have done (especially at start up and as the business progresses). Otherwise thy will probably create something that might look nice to them, and they then sell it to you as a concept.

In the start up phase when you were researching your business, what sort of branding did your competition have? And the leaders in your field, who are they and what have they done? You should be aiming to be equal to that image or better (preferably better!) Even if they are a multinational company with 100’s of employees.

The brand and the resultant image it projects can be vital to ensuring you have a stable platform to launch the business from, and it also builds pride in knowing you have a rock solid image to project. Want to make this happen with ease, chat to your friendly branding expert and see what they can do to make your marketing sizzle.

Growth ability
Starting out in business is one thing, growing the business to be more than it currently is another… And for many business people the idea of growing the business seems strange, they have a fear of change it seems, and don’t want to go any further, unless pushed.

The problem is multi fold but lets take a basic view, the business operates and costs go up for supplies, the rent goes up on the lease… but without a growth strategy they are stuck paying more with the same amount in their pocket… when they do put the prices up they are apologetic about it to customers, and start to sound more like victims than business people.

Therefore the business needs to be the type that can be grown readily so that these (and other growth related challenges) can be handled easily.

To grow your business make room in your business plan for it, flag it for discussion with your business coach, accountant and partners. Explore your target market and look for ways to expand on what you have to offer.

Growing your business does not automatically mean you have to take on more staff, you may be able to find ways to delegate some tasks to sub contractors outside your business, like bookkeeping, virtual admin services and so on.

Profitable
At the end of the day it’s what’s left in the kitty that counts. With no profit you’re a charity or a hobby, which do you want?

Lets say that you want to be more than a hobby (that’s what business is about I guess…) so you should be able to know readily and easily if you are in profit, by how much and what to do with it.

Your bookkeeper or accounting software should be able to tell you where you are at, if you have put in all of the $$ spent and $$ earned, so that’s easy, but the other sides, what to do with it and how to make it is another.

Firstly lets imagine that you have paid yourself out of the $$ in so you are covered, and all the expenses are covered, you now have a surplus to work with… nice eh! Some people just spend it, some pour it back into the business, some do a mix of both. My thought is to create what I call a debt reserve fund or business wealth fund. This is simply a bank account where you put the $$ in and don’t spend it, you let it grow.

This is a different way of looking at what to do with profit but it sure feels good to see a bank account growing… the security it offers is fantastic and the fact you don’t touch it is even better, it compounds.

As for making a profit… lets see if you have paid everything and have a surplus, then you have a profit, so the aim is to ensure with your pricing you have left a margin to cover the profit, and in some industries the profit can be 500% in others 15%… in your research for your business you should be able to find out the average % of profit and work out some of your projected cashflow from that.

Whatever you do with your profit aim to make it work for the business, as often people simply take out of the business without a thought to it’s growth, growth potential and future.