Owning a franchise provides freedom to be your own boss as well as work your…
There are a lot of voices out there telling you which franchise to look at and how running one can make you a lot of money. Those voices aren’t necessarily wrong, but with so many opinions on the subject, where should you begin?
Let the following tips be a general guide to running an award winning franchise. United Franchise Group has more than 800 locations around the globe, so we know a thing or two about successful franchising.
Start Planning and Stick to the Blueprint
Like operating any other type of business, you need to take all of the research you have compiled from existing data such as demographics, target market and location, regulatory requirements, cultural training, management systems, and other important information for your business plan and run with it.
Operating any business is hard work and a franchise is no different. Hire smart and be efficient. Try to eliminate waste and have plans in place for all types of situations, hazards, and opportunities in the community you serve.
Always Focus on Quality Customer Service
The number one ingredient to the success of nearly every business is stellar customer service. Paying attention to customers and responding to their wants and needs is part of basic business sense.
Supply and demand doesn’t stop competitors from outperforming you on friendly service, reputation, and responsiveness. Because you already have a system and service guidelines in place, low-cost franchise opportunities like Signarama are a chance for you to take customer service to the next level.
Leverage the Franchise Resources Available to You
The great thing about a low cost franchise like Signarama is that you’ll have access to dozens of free resources to help you when necessary. As a franchise owner, you’ll have the following available to you:
- Brand specific guides
- Other franchise owners
- Networking groups
- Company headquarters knowledgeable agents
- Franchise guidelines
- Policy information
- Computer systems
Each of these components are designed to help you run your business more smoothly. Leveraging the brand is part of the business model in a franchise scenario.
Continue to Network to Build Your Business and Reputation
Networking is another key component to success in business, and it’s a special advantage when working with a local franchise opportunity like ours. You need to continue to build contacts both in and outside your region.
As with any other type of business, contacts can be valuable at the opportune moment. They also help supply referrals and leads for your business to continue churning profits so you can grow your own income as well as that of your employees and management team.
Maintain an Active and Positive Role in Your Community
You should take an active part in shaping a positive community. Community activism shows how much you value your customers, all while helping others and influencing positive change. When you invest in others, they invest in you.
Invest in a Low Cost Franchise Opportunity
Signarama is a great low cost franchise opportunity to start a new career running your own business. Opportunities in the marketing and sign industry are huge (it’s currently a $50 billion industry!), so speak with our staff to find out if your region would be a good fit for a franchise location.
Fill out our franchise application to learn more about how you can get started on opening your own Signarama franchise today!