Nd presentation

18
1000 Getting franchises to

Transcript of Nd presentation

1000Getting franchises to

15 franchises with 1000+ worldwideAnd those only represent 12 Franchise Owners

Why so few???

The Franchisee is focused on starting chapters

A franchisee can grow a franchise to 300 – 500 with minimal amount of help.

AND THEN…

Phase

1

Supporting c

hapters

Training Members

Managing

Problems

Growing

Chapters

Attending Trainings out of Franchise

Administration

Personal

Networking

Leadership Team Selection &

Training

Recruiting

Personal Life

They seek other solutions

Focus on Retention

Develop More Trainings

Have More Events

Stop Networking – Buzz

Try to Build A Team

Busy being clever not productive

They stop growing

Build a Team

Grow the franchise to the next level

Which comes First?

Phase

2

What Do The 12 Have In Common?

The chapters must be supported and trained leavinglittle time for the E.D. to start new groups

You cannot grow the franchise until you grow, develop, and learn to lead a team

The Missing PLUS 1

Support Directors

Launch Directors

Training Directors

Support Staff

Ambassadors

Who is on the team?

Challenges with team building

• Inability to Identify Good Candidates

• Inability to Express the Value Propositions

• E.D.’s Lack of Referral Relationships with the D.C.’s

• Low Retention Rate of Director Consultants

• Lack of Skill Leading and Managing a Team

• Lack of Effective Use of Ambassador Team

• High Cost of Director Training and Development

• Support/Admin Staff Now Needs to Be Hired

Leadership & management

Launch Chapters Faster

Simplify the Process

Support New Chapters Longer

Involve Support Directors/Ambassador Sooner

Use Launch Directors

Start more chapters

• When the franchise is growing retention climbs

• No one wants to leave a perceived winner

• Growth creates positive word of mouth

• When the team grows and chapters are supported, members stay

Retention follows growth

Conclusion

Ambassadors Key to building the team effectively

Should be a waiting list

Director Consultants Must be lead not directed they must want

to stay for the right reasons

Area Directors Always develop new leaders to lead

the leaders

Support StaffStop doing what does not make money – Delegate

FranchiseOwners

Be A Leader

The Team Is Key to 1000

Franchise Owners need to learn how to recruit & lead

Some of our franchises are content where they are

1000!Now time to build YOUR