2020 Features you should look for in a franchise development software

So, you’ve made the big move, building a franchise from scratch. Now that you’ve already done it, what’s next? Are you ready to scale up your franchise opportunity to a wider audience with franchise development software? Want to increase your sales and hire some more candidates effortless? Fret not! You’re not alone.

Building out a successful franchise brand isn’t just possible by building a great product and service. It’s important to have a steady, efficient operation that’s consistent throughout. And finding the best franchise development software designed to the needs of your business is critical to the success of your business. It will not just help to streamline your daily functions but also help to keep everything organised starting from distribution to accounting, making it run like a powered engine.

8 must-haves for franchise development software

8 must-haves for franchise development software

A franchise development software should be able to help you convert the repetitive or low-value work into the free-flowing process, thus enabling your team to concentrate on high-value tasks. By creating a detailed framework for workflow, you can easily map processes, set notifications, follow up and register interactions.

Workflow automation and simplified franchise management

Marketing and email campaigns

So, you must be wondering how franchise development and marketing work hand in hand? Yes, franchise development and marketing interlink with each other at campaigns. A part of your workflow must be able to create email drip campaigns effectively to move the leads through the sales pipeline. Franchise marketing drip campaigns are crucial to the successful lead nurturing. It involved repeated sending of marketing messages to leads through various channels such as email and text messages.

Tracking of status

The best franchise development software must be able to electronically transmit and track receipt of your brand’s FDD, that includes a recording of an item receipt with the candidate’s record. Ideally, establishing lead status should be able to automate the workflow tasks such as sending the candidate information to the employees present at the relevant levels of the sales cycle, or it should be able to develop the key functions that are required to accomplish at every stage.

Inventory levels and optimization of supply chain

Franchise management software allows the franchise owners to have both corporate level view and tools to respond to consumer demand. Such that orders can be done based on the minimum and maximum levels of inventory and stay connected to the supply chain. A franchise development software must be able to provide access to individual franchise unit to stock replacement data and have a complete insight into the supply details.

Increased sales and improved franchise marketing

What do you think a success of any franchise depends on? Believe it or not, irrespective of any market or industry the growth of any franchise business relies highly on the key factors, i.e. quality idea, market size, sales growth and acquiring new franchisees. By having a unique understanding of the needs, the franchise is prepared to sell locally, drive the complete growth of the brand and attract new leads to the franchise development team.

Conflict resistant inspection of franchise

Using a franchise software, the head offices must be able to supervise outlets in real-time, and notify any possible areas of concern, as well as confirm management and sales objectives to revise the issues. The use of historical data is important to detect the problem before occurrence.

Operational Integration with multiple tools

Franchise owners must maintain the track of action that keeps on running once you reward a franchise. Thus, your franchise software must be able to effortlessly streamline with the following stages of the franchise lifecycle. A credible integration feature will help to provide a coherent API. At the same time, a franchise development system must have a built-in digital platform, compatible with the accounting software and payment solutions.

Training needs

Being a franchiser, it is an essential part to train your franchisees so that they can apply possible knowledge when required and address the deficiencies in skills. A franchise development software must be able to provide training to your franchisees so that they can independently manage everything.

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