PAINT Nail Bar’s Post

Thinking about starting your own business? There are many things to think about when making a decision. In my humble, one of the big ones is does the business have the opportunity to deliver repeat customers? Why? Well customer acquisition is hard and often times expensive so if your product or service is one that people need / want to use multiple times a year that is a real boon to your top and bottom line. For this to work in your favour you have to have the right service / product, delivered consistently well, with great customer service. That means creating the right environment, right messaging, right operating model that allows for consistent service delivery, quality. It also really helps if the offering is one that will gain the customers confidence in you that if done right the return again and again. Think about a hairdresser / barber for example. How many of you go to the same one every time. Why do you do this? Because you trust them to cut your hair how you like it each and every time. So why risk going somewhere else? This is why when I chose to start my own business I looked for a business that, if done right, would deliver me repeat customers several times a year over many years. I chose The ZipYard which is a clothing alterations and repairs franchise for a number of reasons. But one of the main ones was I knew that if we got a customer in and delivered a great service for great value when it came to a future alteration or repairs need there'd be only one place they would go. This is gold for your business. How did it work out? Well I owned The ZipYard Liverpool for 10 years before I sold it to relocate. I had a customer database of over 33,000 people and my revenue was made up of a split of 73% returning customers and 27% new customers. So it turned out well. The ZipYard is a franchise as I knew nothing about sewing or altering / repairing clothes. So I wanted to tap into the knowhow and systems that would deliver me repeat customers. A proven concept so to speak. That is one of the many reasons I would suggest looking at the franchise route if you're thinking of starting your own business. There are lots of great franchises out there. I advocate for The ZipYard because I know what it achieved for me. If what I've written has touched a chord and you'd like to find out a bit more send me a message, drop a comment. Attached is a PDF show of how service, quality and great systems delivers raving fans for your business who use it time and time again. #franchise #franchiseopportunity #startyourownbusiness #businessopportunity #businessadvice #opentowork #retail #retailopportunity #redundant #redundancy #investment #buildingabusiness.

Franchising allows you to use your passions and meet people where they are.

Franchises are designed to make your success easy.

I could’ve saved myself $400,000 and years of frustration if I had known these 3 franchise principles earlier: 𝟭. 𝗛𝗶𝗿𝗲 𝗔-𝗣𝗹𝗮𝘆𝗲𝗿𝘀 How do you identify A-Players? • They are team players • They are driven from day 1 • They match your company’s culture If they meet 80% of your ask, great! Get out of their way It's up to you to build the culture. The right culture attracts A-players. It's the foundation from which they will thrive Set the vision and values, and your A-players will help drive it It's the concept of "build it and they will come." Build a culture of high standards Place your A-Players strategically in your organization They are your COO, managers, leads, and even your entry-level worker Don't hire for skill. Anyone can acquire skills Look for intrinsic value in a person: self-drive, positive attitude Look for the hustle 𝟮. 𝗦𝗲𝘁 𝗛𝗶𝗴𝗵 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱𝘀 𝗼𝗳 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 A franchise business' success hinges on following the franchise model Make sure your team follows the operations manual and implements their training You can only go as fast as your slowest team member, so keep the bar high 4 core skills of a high-performance team (AKA Your Dream Team) • Emotional intelligence • Clear communication • Ability to delegate • Problem solving These skills let you go faster, build smarter, and maintain customer satisfaction 𝟯. 𝗗𝗿𝗶𝘃𝗲 𝗦𝗮𝗹𝗲𝘀 𝗥𝗲𝗹𝗲𝗻𝘁𝗹𝗲𝘀𝘀𝗹𝘆 Nothing matters if you don't sell Sales solves all problems • Learn to sell well • Be a master at converting those leads • Market to generate a constant flow of leads Then replace yourself with sales staff to rinse & repeat Selling well means retaining the sale Customer satisfaction should be a primary focus It's not hard to delight a customer. A simple gesture goes a long way What can you do to take it one step beyond the expected level of service? Sales and cashflow go hand in hand If you aren't creating cashflow, it will take you a lot longer to be profitable Lack of profits will delay your ability to expand and scale Cashflow is king. It's the only metric that matters So to put a long story short... The only 3 things you need to understand franchises: 1. Hire A-Players 2. Hold your team accountable 3. Drive sales relentlessly 𝗪𝗮𝗻𝘁 𝘁𝗼 𝗹𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗳𝗿𝗮𝗻𝗰𝗵𝗶𝘀𝗲𝘀? Sign up to my weekly newsletter: https://lnkd.in/e3UkvhRp

Franchise Your Simple Service Business to Unimaginable Levels

I really appreciate these types of articles that tell stories of #franhiseowners who purchase franchises with excellent #businessmodels but are unsure of the concept. I frequently warn clients not to get too caught up in the concept and focus on the model and how it operates. If it fulfills what you're looking for in a business, let's explore it. No one knows for certain what concepts will thrive in various parts of the country. If you would like to explore some great franchise concepts in your area, book a #freeconsultation with us now. #franchiseopportunities #buildanempire #healthandwellness Radiant Waxing

JAX Tyres & Auto franchisees stand behind the ideology that providing a personalised and convenient service experience is essential to building lasting relationships with our customers and they understand how a strong focus on customer experience directly translates to success in their business. Check out your business options today. #franchising #Business #buyafranchise #beyourownboss #services #experience #customer

No better way to start the New Year! Owning a home inspection business is a great way to make a living and be part of a growing industry. Home inspections are a crucial part of real estate transactions, and franchises offer a systematic approach with marketing and operational support. Read more at https://ow.ly/Eynx30syz9h, or reach out to me about how you can start a home inspection franchise withHouseMaster Home Inspections! #HouseMaster #Franchise #BusinessOwnership #Neighborly #HomeInspections

These are helpful tips when you are looking for a physical location for your franchise.

Owning a home inspection business is a great way to make a living and be part of a growing industry. Home inspections are a crucial part of real estate transactions, and franchises offer a systematic approach with marketing and operational support. Read more at https://ow.ly/OXaJ30sz951, or ask me more about how you can start a home inspection franchise with HouseMaster. #HouaseMaster #Franchise #BusinessOwnership