British Franchise Association Benefits of Franchisee Membership Tom Bannister 31 st January 2013.
What are the benefits of Franchise Management Software to boost the market growth
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New technology comes and goes fast these days, it seems as if there’s a new app every week promising to make franchise business more productive and efficient. You must be confused between which one you should go for. We’re here to help you with that. There is some technology which has proven to be really useful than others, that’s here in business to stay, it is a franchise software system.
Transcript of What are the benefits of Franchise Management Software to boost the market growth
WHAT ARE THE BENEFITS OFFRANCHISE MANAGEMENTSOFTWARE TO BOOST THE
MARKET GROWTH
Discussion OutlineTopics to be Covered
Optimised inventory and supply chain
Well organised business software
Hassle-free inspection of franchise units
Amplified sales percentage
Augmented marketing tools
TO BEGIN WITH THE FRANCHISE
INDUSTRY, IT WOULD BE WISE TO SAY
THAT FRANCHISING IS A RETAIL TRADE
THAT USUALLY INVOLVES TWO PARTIES,
ONE IS THE FRANCHISER AND ANOTHER
IS THE FRANCHISEE.
To easily control and supervise thebusiness under a single platformTo benefit your franchisees from theimproved supply chain, reporting andsales forecast and huge cross-chaincustomer base.To get a real-time view on thecompletion of franchise trainingCompare the level of performancebetween franchise groups based onlocation and time.
Quickly scan
through the
smart needs
of franchise
software
A franchise management software allowsthe franchise owner to have corporate-levelinventory visibility. So, you can place thesales order based on the maximum level ofinventory and interact directly to the supplychain.
In a whole, this means that franchiseowners will have complete control over thebusiness supply, by being fully aware ofwhat’s going where.
Optimised
inventory
and supply
chain
While you’re starting up a business, yourbusiness is likely to require a lot ofrevision task and adjustments unless youbecome completely familiar withchanging market trends.At this time, using a franchisemanagement software doesn’t just saveyou from the trouble of setting up abusiness from the scratch but helps tobuild a standard business that alreadyhas a proven track record.
Well
organised
business
software
Franchise management software is amiddle platform, where franchiseowners and franchisee meet up andcommunicate with each other.The software will enable head offices toeffortlessly monitor units in real-timeand point out any areas of concerns aswell as determine the managementrequirement and sales goals toaddressing the shortfalls if there is any.
Hassle-free
inspection
of franchise
units
Improving your efficiency throughtracking, reporting with dynamicdashboard and analyticsStreamlining the technical distributionof FDDAligning sales and marketing through auniformed platformLowering the cost for each prospectthrough an enhanced sales process andpre-qualification tracking
Amplified
sales
percentage
While selling high-end products such asluxury products, or other franchise goods,augmented reality provides businesseswith the chance to demonstrate the valueof their products to consumers that arehesitant to approach.The synchronised franchise managementsystem allows the franchise owner toadminister their core advertisementrequirements, rendering more adaptabilityto manage their business. This, in turn,allows every business owner to have morefreedom and flexibility.
Augmented
marketing
tools
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6431 West Sahara Ave, Suite 250, Las
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