Staying Involved: The Linchpin of Franchise Success (Part 4 of Decoding Franchising Pitfalls")
- Trent English
- Oct 23, 2023
- 2 min read
Your Investment Isn't a Set-It-and-Forget-It Deal
When you invest in a Crave Cookies franchise, you're stepping into a dynamic venture that requires your ongoing focus. It's far from a plug-and-play situation; every update, whether a tweak to one of our award-winning recipes or an overhaul of our tech stack, needs to be effectively communicated from the top down. The fluidity of this communication often relies heavily on you, the franchise owner, and your level of engagement.
Owner/Operator Involvement vs. Delegating to a GM
Initially acting as an owner/operator isn't just a suggestion—it's a best practice that we strongly recommend, especially during the pivotal first 3-6 months. This hands-on experience is invaluable, offering deep insights into everyday operations and helping you manage costs effectively. When the time is right to hand over day-to-day management to a General Manager, this foundational understanding will be invaluable. If hiring a GM from the outset, incentivize them through profit-sharing or equity to ensure their goals align with the overall brand objectives.
The Importance of Staying Informed
Firstly, let's talk about staying on top of communications. We often send out updates, whether it's new product offerings or cost-saving initiatives. Overlooking these memos isn't just a missed opportunity; it can be detrimental to your operation. These updates are designed to keep you in the loop and help your franchise thrive.
The Pitfall of Lost Translations
On occasion, we also communicate urgent information concerning promotions, tech stack updates, and more. If these critical messages don't get passed down to the store level, it could significantly impact the business. The lapse in communication could lead to lost sales opportunities, decreased customer satisfaction, and operational hiccups that could have been easily avoided.
An Open Invitation: Your Direct Line to Success
Our new VP of Franchise Operations is more than just a title; he's an invaluable resource whose sole focus is to ensure your success. He's initiated conversations with various franchisees and is keen to assist everyone. A failure to proactively engage with him, particularly when your store faces challenges, is a red flag that we take seriously.
The Real Deal with Initial Training: A Foundation for Success
The training you receive at our corporate store isn't just a set of instructions; it's a curriculum designed to make you proficient enough to train others. This is not a step where you learn the ropes only to hand them off and forget how it's done. Our initial training program ensures that you're well-equipped to guide your own team, passing down the operational excellence that is the cornerstone of Crave Cookies.
Conclusion: Your Franchise Is a Partnership, Not a Solo Venture
Your Crave Cookies franchise is a reflection of both your management skills and our cherished brand identity. With our full support, and your ongoing engagement, we're not just aiming for your store to succeed; we're aiming for it to set new standards. So let's keep our eyes on the prize and our hands firmly on the wheel, shall we?
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