Best Ways to Develop your Franchise Network
Be animated about your mission, ethics, and the vision you have for the company as a whole.
Commit to doing whatever it takes to provide the best platform to succeed. Get involved in what is going on, and look at what can be done to improve results. Begin each working day by calling a meeting of the Franchise Team and review the tasks for the day, most likely prospects, and how you can assist in the development process.
Assuming you have the most effective Franchise Development Team in place
Articulate your brand’s mission, values, and dream in a passionate way which reminds your team that you are all developing a great franchise opportunity together. Your Franchise Team looks to you to direct them in the best way possible and for a brighter future.
Regular system reviews
If you have the best team, there is no need to micromanage. However, being fully informed of key indicators: cost of leads, flow of leads, the initial contact rate, qualification process, the skill set and training requirements of the Franchise Development Team, how much it costs to recruit a new franchisee, expectations, and outcomes – will give you better information and facilitate the making of any corrective actions that may be needed.
Become a motivator and give recognition where and when it is due
A team is comprised of people, each individual in their own right. Find out how to motivate every person on your team and in time you will find a motivated team. If your team knows that their leader believes in them and is doing everything he can to support them, the team will also pull more for themselves, support each other, and you, their leader. When they get things right, lavish recognition and appreciation both on their own and in front of their colleagues will reap benefits. Reward of this nature will prove powerfully motivating for the team as a whole.
Dedicate yourself to developing as a Team Leader
As you work hard on your own personal development, and as you “walk your talk”, it will encourage change in your team because they will follow your lead. As you continue to improve and strive for excellence within yourself, it will be an example for them to do likewise. Its of utmost importance to your Team to not only have confidence in the image and brand of the franchise, but to also believe in you as their leader. Keep up with current business strategies and strive for constant improvement. Be sure that your actions speak and support excellence and the values you want your operation as a whole to embrace.
Nick Strong is MD of a leading Franchise Opportunities website and a well known Franchise Consultant to the UK franchise market.