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		<title>Building a successful pet grooming franchise</title>
		<link>https://www.franchisebeacon.com/building-a-successful-pet-grooming-franchise/</link>
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		<dc:creator><![CDATA[Michael A. Peterson]]></dc:creator>
		<pubDate>Thu, 13 May 2021 12:40:58 +0000</pubDate>
				<category><![CDATA[Franchise Sales & Development]]></category>
		<category><![CDATA[Franchise Startup]]></category>
		<category><![CDATA[Sales & Development]]></category>
		<category><![CDATA[Franchise Sales]]></category>
		<guid isPermaLink="false">https://www.franchisebeacon.com/?p=7115</guid>

					<description><![CDATA[This article was featured in Franchise Connect Magazine, Issue 11. Franchise Beacon President Michael Peterson shares how to find your authentic selling voice.]]></description>
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			<h6><a href="https://issuu.com/franchiseconnectmag/docs/12_fcm-issuu">See the original article here in Franchise Connect Magazine</a></h6>
<h1>Building A Successful Pet Grooming Franchise</h1>
<h3><em>Although I have an extensive background in franchising, until recently I have had limited exposure to the pet services segment. I am glad that has changed! </em></h3>
<p>&nbsp;</p>
<p>I have had pets all my life, and I have been in franchise almost 15 years. However, my knowledge of the overlap, i.e. the pet franchise space, was fairly limited until recently. Since December of 2020 I have had the pleasure of working with Keith Miller, founder of Bubbly Paws dog grooming in the greater Minneapolis area, as we turn his pet grooming business into the newest pet grooming franchisor. </p>
<p><img decoding="async" class="alignright wp-image-7106 size-full" src="https://www.franchisebeacon.com/wp-content/uploads/2021/05/bubblyarticlepic-422x500.jpg" alt="Image of franchising article" width="" height="450" /></p>
<p>When I learned this issue of Franchise Connect was going to focus on the pet industry, I saw an opportunity to bring a voice to the table that is rarely heard in the franchise space; a business owner that is partially through the process of becoming a franchisor. I believe that Keith’s extensive experience owning pet grooming locations  combined with his recent venture into franchising allows him to provide unique perspective into this industry.<br />
I sat down with him recently to discuss Bubbly Paws, the pet grooming industry in general, and the advice he would have to offer somebody who is considering coming into this industry as a franchisee. I&#8217;m excited to share our conversation with you, as well as some of my own observations, below. </p>
<blockquote><p>
<strong>Michael </strong><br />
Keith, thank you so much for sitting down with me today! I know you&#8217;ve got a lot going on; four dog grooming businesses that are booming, a new baby at home plus your 5-year-old, and now trying to break in the franchise industry all at once!  You really do have your paws all over the pet industry, don’t you? Besides Bubbly Paws, you also own Pampered Pooch Playground, which is a doggy daycare, and, as I understand it, you&#8217;re a podcaster in the pet industry?</p>
</blockquote>
<blockquote><p>
<strong><br />
Keith</strong><br />
Yes, I run a podcast for pets plus magazine. I love it because it allows me to stay in touch with my roots, as I started my career in the radio industry, as well as provide what I hope is useful content to people in this business. We concentrate on content and interviews that are helpful to individuals in the pet grooming industry.</p>
</blockquote>
<blockquote><p>
<strong>Michael</strong><br />
Like I said, a busy man! Let&#8217;s talk about Pampered Pooch for just a moment and then we&#8217;ll get into Bubbly Paws. Pampered Pooch was your first foray into the pet services industry, right?</p>
</blockquote>
<blockquote><p>
<strong>Keith</strong><br />
It was. We&#8217;ve had Pampered Pooch since 2008. 13 years!
</p></blockquote>
<blockquote><p>
<strong>Michael</strong><br />
And it was actually your experiences at the Pampered Pooch that led you to launch Bubbly Paws, correct? Tell me about that.
</p></blockquote>
<blockquote><p>
<strong>Keith</strong><br />
Keep in mind coming this was 13 years ago. The doggy daycare world was just taking off, and we would often have people stop in and asked to use our tubs on the way back from a romp in the park. We weren’t really set up for that, though we did try to accommodate them when we could. We even considered adding tubs to the doggy daycare but frankly most of our customers picked their pals up on their way home from work or from a trip; they wanted to be in and out quick. So, we decided to launch Bubbly Paws Grooming.
</p></blockquote>
<p>When Keith launched Bubbly Paws almost 11 years ago, he experienced the same unexpectedly rapid success in the grooming market as he had in the boarding space. One location in 2011 became two locations in 2013 and he opened the doors of his 4th location at the end of 2017. When my team conducted a franchise feasibility study for Bubbly, we saw a trend; each location experienced rapid growth in the first 6-12 months, getting quickly to break-even and beyond, and then sustained year over year increases in all locations. <img decoding="async" src="https://www.franchisebeacon.com/wp-content/uploads/2021/05/namastay.jpg" alt="Yoga and dog pun" width="200" height="" class="alignright size-full wp-image-7118" /> We also saw a couple of significant market differentiators. </p>
<div style="height:30px"></div>
<p>The first was a fantastic use of social media, including memes, influencers, and dog “ambassadors” to market their locations.  </p>
<div style="height:30px"></div>
<p><img decoding="async" src="https://www.franchisebeacon.com/wp-content/uploads/2021/05/bubblydog1-500x500.jpg" alt="A dog brand ambassador" width="200" height="" class="alignleft" size-thumbnail wp-image-7119" /><br />
A recent scroll through Bubbly Paws tagged posts on Instagram revealed a post from 7 days previous by Murphy in Minnesota (a sheepadoodle with his own Instagram) with over 1000 likes and comments.  </p>
<div style="height:10em"></div>
<p>Besides their strong marketing platform, they also offer a service that is becoming ever more popular in the #newnormal world. </p>
<blockquote><p>
<strong>Michael</strong><br />
Keith let’s talk about a one of the things that you have done to help Bubbly Paws stand out in the Twin Cities marketplace. You mentioned that the genesis of Bubbly Paws was people coming to Pampered Pooch and asking to bathe their dogs, so you decided Bubbly Paws would have a self-service option, right?
</p></blockquote>
<blockquote><p>
<strong>Keith</strong><br />
Exactly. Though most of our services focus on full-service grooming, we do offer a self-service option. Self-service has wide appeal for a couple of different reasons. First, you don’t have to make an appointment weeks in advance. Before the COVID pandemic, even on a beautiful spring Saturday you wouldn’t wait more than 30 minutes, and rarely even that. Now we have an online reservation system so there is never a wait for self-service. It’s a perfect solution for a messy trip to the dog park; hop on the app and book an appointment on your way to the park, and swing by on your way home.  Self-service also allows some of our customers that are more budget conscious to wait longer between groomings, instead of coming in every six weeks they can come in every eight weeks or even 10 weeks, and still keep their friend un-stinky in between groomings.<br />
Now, with so many people working from home, getting groceries delivered, and having very little reason to leave their houses, we are finding that just getting out of the house to give their dog a bath in our facilities is what they look forward to for the day. Our bathing rooms have fantastic filtration and ventilation; after all who wants to smell wet dog, you know? The HAVAC systems filter the air out of each bathing room, and are equipped with UV lights which destroy various airborne viruses, like the rhinoviruses and influenzas that cause kennel cough. What better way to get out for a bit than to go to a safe, socially distanced environment that, by its very design, reduces the likelihood of exposure to airborne pathogens?
</p></blockquote>
<p>We saw this reflected in the feasibility study as well. Surprisingly, despite the world-wide disruption caused by the pandemic, amplified by the social disruption that Minneapolis experienced this summer, by the end of 2020 all but one Bubbly Paws location were back to pre-covid numbers, and the 4th is almost there.  </p>
<p>To wrap up our conversation, I asked Keith to share his best advice for people who are considering entering into the pet industry. Here’s what he had to say. </p>
<blockquote><p>
<strong>Keith</strong><br />
The pet industry numbers are extremely attractive. We are talking about a 10-billion-dollar marketplace that had 6% CAGR growth expectations before the pandemic started, and now industry analysists are saying that is conservative.  Honestly, if that is why you are considering this industry, you are looking at the wrong business. I don’t see a path to success, at least in our segment of the industry, for someone without a passion for pets. Pet owners don’t want their family members in the hands of someone that is just in the business for the margins. Groomers don’t want to work for someone like that. Your customers, your groomers, everyone you interact with will pick up on the lack of passion, and you will struggle with both employee retention and customer retention.<br />
For those that have the right passion, before you decide to buy a franchise, do your research on the franchisor. Every detail is important in a pet grooming store; the ventilation, placement of the windows, the shampoos, and cleaners you use, where the bathing rooms are located in respect to the entrance, everything. Visit a few franchise locations; if you don’t see a painstaking attention to detail everywhere you look, then it’s time to look elsewhere.
</p></blockquote>
<p>We are still working through the franchising process. We expect to bring the Bubbly Paws brand to franchise market by mid spring. I, for one, am looking forward to seeing Keith’s passion for pooches translate into a strong, sustainable franchise model. </p>

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		<title>I Just can&#8217;t sell</title>
		<link>https://www.franchisebeacon.com/i-just-cant-sell/</link>
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		<dc:creator><![CDATA[Michael A. Peterson]]></dc:creator>
		<pubDate>Wed, 24 Mar 2021 17:42:41 +0000</pubDate>
				<category><![CDATA[Franchise Sales & Development]]></category>
		<category><![CDATA[Franchisee Assistance]]></category>
		<category><![CDATA[Sales & Development]]></category>
		<category><![CDATA[Franchise Sales]]></category>
		<guid isPermaLink="false">https://www.franchisebeacon.com/?p=7105</guid>

					<description><![CDATA[This article was featured in Franchise Connect Magazine, Issue 11. Franchise Beacon President Michael Peterson shares how to find your authentic selling voice.]]></description>
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			<h6><a href="https://issuu.com/franchiseconnectmag/docs/11_fcm-final-issue">See the original article here in Franchise Connect Magazine</a></h6>
<h1>I Just Can’t Sell</h1>
<h3><em>Many franchises in the home services sector require franchisees to engage in the sales process with the customer. If you think you just “can’t sell”, I promise you, you can.</em></h3>
<p>&nbsp;</p>
<p>In February of 2020, the world began to change, and the tectonic plates that underpin our personal, social, and business lives are still moving. For some people, this is the time to hunker down; others see opportunities in the changing landscape, or simply must pivot due to a lost job or other source of income. Irrespective of the reason, franchisors in industries ranging from in-home senior care to preschools to gift basket delivery are reporting year-over-year stability or growth in franchise development.</p>
<p><img fetchpriority="high" decoding="async" class="alignright wp-image-7106 size-full" src="https://www.franchisebeacon.com/wp-content/uploads/2021/04/I_Just_cant_sell.jpg" alt="Image of franchising article" width="391" height="500" /></p>
<p>Home-based businesses are uniquely attractive in 2021. With minimal or no staffing or real estate requirements, and reduced face-to-face exposure to customers, the appeal is obvious. Home services businesses have an added advantage. As Tim Smeltz, the founder of the driveway repair and maintenance franchise NextGen GreatSealcoating recently told me, “Even people that are not working from home are spending significantly more of their free time in their houses. Our homes have truly become our sanctuaries, and people are spending more on both upkeep and the aesthetics of their home environment.” His case is supported by the fact that his first franchisee, who opened in May of 2020, took less than 90 days to break even (according to NextGen’s Franchise Disclosure Document). There are many brick and mortar businesses that are equally well-positioned, such as childcare, senior care, and fast-casual delivery, but the home services sector has most certainly enjoyed a lift in visibility.</p>
<p>For some, these obvious upsides can be tempered by the daunting idea of becoming a “sales person”. If you are hesitating to get into the home services space for this reason, I have great news for you; not only can you sell, but without ever meeting you I can tell you the sales style that you should adopt to sell effectively, and eventually even become great at it.</p>
<p>To be clear, a great salesperson is not someone that can “sell anything to anybody” or “water to a drowning man”. Part of being a great salesperson is identifying someone’s need or want and helping them comfortably reach a purchasing decision that fills it. Salespeople that “convince” someone to buy a product or service that isn’t right for them are not “great’, they are con artists.</p>
<p>So, how do you become comfortable in a sales role? It’s simple, really. First, I’ll share with you the two pillars of any great salesperson, and then I’ll tell you how to find your unique sales voice.</p>
<h3>Lay Your Foundation</h3>
<h5>Pillar one: Become a scholar of your business.</h5>
<p>Study your competitive landscape, and what differentiators you offer. Understanding both the strengths and weaknesses of what you are selling is pivotal. I sell franchises for a living, and of course part of my competitive landscape is simply non-franchised businesses. Starting your own business without a franchise does have advantages; for example, franchisees have restrictions on how they can advertise, or what products and services they can offer. If I were to not acknowledge this, at best my prospects would think that I didn’t understand franchising; at worst they would think I was dishonest. By understanding the limitations of your model, you can contrast them against the strengths, and again help the customer reach the decision that is right for them.</p>
<h5>Pillar two: Know your competitor’s business as well as your own.</h5>
<p>Every business owner sells on their own unique value proposition. In order to effectively communicate what makes your service different and valuable, you have to know the market. When your prospect brings up either a competitor, or even just a feature or benefit that a competitor offers, you’ll be much better positioned if you’ve already studied the advantages and disadvantages of the competition. Also, and equally important, your prospect may simply ask you questions to see how well you know your business; be prepared to answer them.</p>
<p>Zig Ziglar, one of the great sales theorists of all time, famously wrote that “sales is a transference of emotion”. This one phrase has many layers; the fact that you have to be enthusiastic about what you are selling and that people make buying decisions based on emotion backed by logic, rather than the other way around, are just two. Another, which you may not have considered, is that no matter how much you believe in your service you will struggle to covey enthusiasm if you are nervous. It’s hard to be excited in the moment when you are worried about your ability to answer customer questions. Suffice it to say that Mr. Ziglar was not referring to nervousness and self-doubt as the emotions that you need to transfer in a successful sale!</p>
<h3>Find Your Voice</h3>
<p>Of course, knowledge by itself will not make you a great salesperson. You must be able to transfer the appropriate amount of knowledge, along with enthusiasm and excitement, so that your prospect is fully informed and not overwhelmed. To accomplish this, you must have the knowledge base, and know your best method of walking the prospective candidate through your process, and ultimately decide to do business with you.</p>
<h5>Buy Your Own Offering</h5>
<p>I don’t mean actually make a purchase from yourself, but mentally go through the sales process from a customer’s point of view. Find the level of information, the tone, and the communication methods that would make you most comfortable if you were the customer. Break you’re the sales process down into steps and analyze each step through this lens. Ask yourself:</p>
<ol>
<li>What information would I need to know at this step to move to the next step.</li>
<li>What information would overwhelm me at the stage. This is actually a difficult mental exercise; we like to think that we can just take in all of the information and make a logical choice, but that is simply not how we make decisions.</li>
<li>What information, if it wasn’t shared at this point, would you feel was misleading by its absence.</li>
<li>What tone, approach, or style would take you from considering to buying?</li>
<li>What would make you walk away from the purchase?</li>
</ol>
<p>These 5 questions, when answered for every interaction along the sales process, will illustrate for you your most authentic sales style. If you start from a base of authenticity, and have a deep understanding of your service offering, you will be able to sell comfortably. As you interact with your first several prospects, go back to your notes and see where you may have been incorrect, or where you may need to make minor adjustments to ensure what you are saying and what your prospect is hearing match up.</p>
<p>I told you it was simple! Using this process, you may not start out great, but you will start out proficient. Most importantly, you’ll be comfortable, because you are not trying to force yourself into selling in an unnatural way. If you continue to use this lens to study your sales process, greatness in sales is achievable.</p>

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		<title>Our top-ten tips for working from home</title>
		<link>https://www.franchisebeacon.com/our-top-ten-tips-for-working-from-home/</link>
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		<dc:creator><![CDATA[Michael A. Peterson]]></dc:creator>
		<pubDate>Mon, 16 Mar 2020 01:34:44 +0000</pubDate>
				<category><![CDATA[Franchise Startup]]></category>
		<category><![CDATA[Franchise consulting]]></category>
		<category><![CDATA[Franchise Sales]]></category>
		<guid isPermaLink="false">https://www.franchisebeacon.com/?p=5211</guid>

					<description><![CDATA[This was co-written with Mike Drumm, franchise attorney and founder of Drumm Law. Mike has been running a virtual company with many employees for 10 years, I have for 8. We wanted to raise our voices and see if we could help those of you that find yourself in a novel situation. We are facing [&#8230;]]]></description>
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<i>This was co-written with <a href="http://www.drummlaw.com" target="_blank" rel="noopener noreferrer"> Mike Drumm, franchise attorney and founder of Drumm Law</a>. Mike has been running a virtual company with many employees for 10 years, I have for 8. We wanted to raise our voices and see if we could help those of you that find yourself in a novel situation.</i>

We are facing a serious situation. There is a plethora of information out there about how to stay safe, what to do in case of exposure, and how businesses should react to this pandemic. What seemed to be missing, however, was the &#8220;how&#8221; for folks who don&#8217;t work from home on a daily basis.

Novel coronavirus. COVID-19. Pandemic. We really, really don&#8217;t like these words. Why? Let us count the reasons &#8211; at least our own top 3 immediate ones &#8211; before unveiling our 10 tips on how to set up a home office!
<h2>Michael Peterson</h2>
<ol>
 	<li>My mother is undergoing serious medical treatment right now. By right now, I mean as I am writing this on Friday the 13th. I am waiting to hear the outcome of her most recent surgery.</li>
 	<li>My fiancée is (again, as I am writing) at the dentist getting some work done. It was questionable if they were going to cancel this appointment because of a shortage of medical supplies.</li>
 	<li>My business partner is in Toronto. I am in Dallas. We had a 3-day, in-person working session planned for this weekend. It would have been our first face-to-face in months, and also his first time meeting our newest client, who is about to become a franchisor. He canceled because of a myriad of concerns, including trip delays, unknown reaction when he returns to Canada, and, most important, the fact that he has family members in the &#8220;high risk&#8221; category. Frankly, the risk wasn&#8217;t worth the benefit of face-to-face, so we are doing this weekend&#8217;s work remotely.</li>
</ol>
<h2>Mike Drumm</h2>
<ol>
 	<li>School for my three kids (10, 8, and 6) has been shut down for at least three weeks. That means Dad trying to get work done with a full house (see below for tips on that!).</li>
 	<li>Three industry conferences were cancelled just in the past 24 hours, with more to come.</li>
 	<li>Sports have been cancelled. Let me repeat: No Sports! All sporting events in the near future have been cancelled indefinitely.</li>
</ol>
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			<p>We two are at an advantage to many, however, in that although we may not be immune to the virus (okay, no "may" about that), we are inoculated against the laundry list of issues that come from switching suddenly to a home office. Michael Peterson has been running a company with a completely remote team since 2017, and Mike Drumm has been running a completely remote law firm since 2010.

In a conversation we had on Friday, we realized that many people currently affected by this pandemic don't have the remote experience we do - and that we might have something extremely timely to offer to the many office-dwellers who suddenly have become part of the remote workforce. So, here are our top 10 tips on what to do if you are suddenly, unexpectedly, a remote worker.</p><ol>

<a name="1"><li>Get out of your bedroom</li></a>We have both observed that friends and family who occasionally work from home end up propped up in bed with their lap desk, relaxing and working in their pajamas. This might work for you if you are working from home for one or two days. If, however, you are sentenced to 2 to 4 weeks or more of home-based work, get out of the bedroom and off the couch now and get dressed. It doesn't have to be a formal work outfit, just no pajamas.
<a name="2"><li>Set up a workstation.</li></a> Hopefully you have a desk at home. If so, declutter it, set up a monitor (or two), a keyboard and mouse, and make it a workstation. If you don't have a desk, look around for something that can fill in. An unused kitchen table, outdoor camping table, anything you can set up as a dedicated work space. Still no luck? As of Friday, there were 3 desks for under $50 that, at least in Dallas, one could get from Amazon, delivered by Sunday. Target, Walmart, Best Buy, and others all offer same or next day delivery now. Seriously, get a desk. And an office chair. You'll be all in for under $100 or $200 if you have to buy them both online - and maybe you can talk your employer into covering it.
<a name="3"><li>Setup a work area.</li></a>The most important part of the work area is a door that closes, a physical barrier that is where you go to "work." Here is what we would suggest, in order of preference, for your work area:

<ul><li>A home office.</li>If you already have one, clean it out, air it out, and you're good to go.<li>A spare bedroom.</li>Rearrange some furniture. Make sure you can fit your desk and chair and still get in and out comfortably. Stack the bed against the wall if needed. Remember, this is short-term.<li>A section of the garage</li>Rearrange some furniture. Make sure you can fit your desk and chair and still get in and out comfortably. Stack the bed against the wall if needed. Remember, this is short-term.</ul>Rearrange some furniture. Make sure you can fit your desk and chair and still get in and out comfortably. Stack the bed against the wall if needed. Remember, this is short-term.
<a name="4"><li>People should only know you are working from home if you tell them.</li></a>Turn off the TV, make sure the dog is not barking in the background, and no kids running in and out of your office. To be clear, this is for you, not other people. Those of us who work from home most of the time know to avoid these background distractions when we need to, but otherwise we just tune them out. As someone used to being in an office, however, you must do your best to stop your subconscious from thinking of this time as "home time."
<a name="5"><li>Communicate with your spouse, kids, or roommates that this is work time.</li></a>In the normal course of business, people use "work from home" days to get some work and some personal things done. While that is totally understandable normally, if this is an undetermined, longer-term situation (even just a couple of weeks), this habit will kill your productivity. Speak with the folks you share space with and stress the importance of not approaching you for anything they would not have called you at work for. You might want to ask your family, children, and housemates to treat you as if you were not working at home. Ask them to text you if something comes up, versus interrupting you in person. Door locks are also very helpful if you have smaller children who don't understand the "work from home" concept.
<a name="6"><li>Separate work time and home time.</li></a> Normally, your family (and your body and mind) know you are at work because... well, you are at work. To make up for this, set as rigid a schedule as your job allows. Start working at the same time and end at the same time every day. Does the time you get home from work fluctuate by 10 to 20 minutes? Fine, then the time you quit working can, too. After that, however, shut it down. Be home. Make sure all of your family, friends, and housemates know your schedule. And, most important, make sure that you know when you are "at work" and when you are "at home." You can have fun with this! When you order your chair and desk, order an "Open/Closed" sign, too. Flip it over when the work day begins and again when it ends.
<a name="7"><li>Take your breaks.</li></a>Do you normally have a lunch break? Do you take a break at 10 a.m. to hit the water cooler or coffee machine? Whatever your work schedule is, keep that going! Get up, go outside, even just look out the window. Keeping your "schedule" will help you acclimatize to your new "office" much faster.
<a name="8"><li>Keep your meeting schedules.</li></a>Your company, by now, has probably produced and disseminated a "pandemic policy" that includes things like: No non-essential business travel. If you are sick, stay home. And report potential exposures right away. That does not in any way mean you need to stop business as usual. If you have a management meeting on Tuesdays at 1 p.m., have your management meeting on Tuesdays at 1 p.m. Just do it through a videoconference. If that isn't your decision, forward this article to your manager. Keeping the organization's "business as usual" feel as intact as possible when you have completely disrupted your staff's normal workflow is key to getting business done. We highly encourage video calls when possible for people who are not used to remote working. As noted above, getting showered and dressed is part of the "going to work" mentality - and much harder to avoid if you are going to be on camera!
<a name="9"><li>Understand the business risks.</li></a>First, let's be clear: We 100% support the idea that self-quarantining keeps people safe, slows infection rates, and is the right thing to do. Companies and individuals should be following the recommendations handed down from employers and the appropriate health authorities. Supporting an idea, however, requires that you also understand its downsides. Steve Jobs famously said, "Creativity comes from spontaneous meetings, from random discussions". Researchers at the University of California<a href="http://cmci.colorado.edu/~palen/Papers/hutchins-palen.pdf"> use a demonstration of a 24-second, 4-word exchange between a pilot and a co-pilot</a>  regarding a (simulated) fuel loss to underscore this point: the somewhat unquantifiable but also undeniable benefits of physical proximity in the work environment. Plan for these business risks by encouraging people to keep a business-only instant message service (or equivalent) open, pick up a phone to ask a quick question instead of sending an email, and basically adopt practices that are counter to what we think of as office efficiencies.
<a name="10"><li>Stay away from the Fridge!</li></a>Keep your normal meal schedules. If you are going to change your diet make sure you make it healthier, not more junk-laden. Michael's business partner (when reviewing this article) shared that he gained a pound of "work from home" weight in his first three weeks after he transitioned to a home office.<ol>


</ol></br>We are facing a serious situation, and there is a plethora of information out there about how to stay safe, what to do in case of exposure, and how businesses should react to this pandemic. What seemed to be missing, however, was the “how” for folks that don’t work from home on a daily basis.

&nbsp;

<a href="https://diamondphysicians.com/urgent-covid-19-updates-what-you-need-to-do/">If you are looking for good MEDICAL advice, I strongly advise checking out this blog by Dr. Jame Pinckney.</a>

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		<title>Who Should Be Involved in the Franchise Sales Process</title>
		<link>https://www.franchisebeacon.com/who-should-be-involved-in-the-franchise-sales-process/</link>
					<comments>https://www.franchisebeacon.com/who-should-be-involved-in-the-franchise-sales-process/#respond</comments>
		
		<dc:creator><![CDATA[Michael A. Peterson]]></dc:creator>
		<pubDate>Sun, 10 Nov 2019 14:39:21 +0000</pubDate>
				<category><![CDATA[Franchise Sales & Development]]></category>
		<category><![CDATA[Franchise Sales]]></category>
		<guid isPermaLink="false">https://www.franchisebeacon.com/?p=4946</guid>

					<description><![CDATA[This is another in my series of articles for Franchising.com, and was originally published there on October 15th, 2019. I wrote The Ultimate Guide to Franchise Sales about a year ago. It covers, at a high level, the entire franchise sales process. This is the third in a series of articles that will cover several [&#8230;]]]></description>
										<content:encoded><![CDATA[<em>This is another in my series of articles for Franchising.com, and <a href="https://www.franchising.com/articles/the_franchise_sales_process_who_should_be_involved.html">was originally published there</a> on October 15th, 2019. </em>

I wrote <a href="https://www.franchisebeacon.com/snowball/the-ultimate-guide-to-franchise-sales/"><em>The Ultimate Guide to Franchise Sales</em></a> about a year ago. It covers, at a high level, the entire franchise sales process. This is the third in a series of articles that will cover several of the subjects from the guide, with a narrower scope and deeper dive.
<blockquote>(note: You can see<a href="https://www.franchisebeacon.com/nurturing-franchise-leads-based-on-lead-source/"><em> Lead Nurturing: Meeting People Where They Are</em> here on Franchise Beacon</a> and <a href="https://www.franchising.com/articles/lead_nurturing_meeting_people_where_they_are.html">here on Franchising.com</a>, and <a href="https://www.franchisebeacon.com/how-to-be-ridiculously-productive-by-implementing-tech-in-your-sales-process/"><em>How To Be Ridiculously Productive by Implementing Tech in Your Sales Process</em> here on Franchise Beacon</a> and <a href="https://www.franchising.com/articles/how_to_be_ridiculously_productive_by_implementing_tech_in_your_sales_proces.html">here on Franchising.com</a>)</blockquote>
If you are a franchise development professional, you probably feel like you are on an island. Franchise development is a unique division within a franchised organization.

As a CDO, VP of franchise development, or director of recruitment, you probably have finance pushing for projections, the board pushing for new franchisees, real estate pushing for fewer franchisees, training and support pushing appropriate timing to get multiple franchisees into the same class, and franchises pushing for brand growth, but don&#8217;t you dare encroach. Talk about getting pushed around!

The adversarial nature of these interactions is not one that can or even should be eliminated. However, by involving every one of these individuals and departments in your franchise recruitment process, you can release a little of the tension. I&#8217;ll work backward through that list and show you how to wrap each of these seamlessly into your development process, and, in so doing, enhance the overall process and the new franchisee experience.
<h2>The franchisees</h2>
Let&#8217;s start with the franchisees. Franchisees can be your biggest advocate or your biggest roadblock in the franchise sales process. If your franchisees are consistently talking prospects out of your brand because they don&#8217;t make money or see other fundamental flaws in your brand, STOP and go fix it. You can&#8217;t, and shouldn&#8217;t, sell around validation. However, if franchisees seem to validate well one day and not as well another, or if prospects are just having a hard time getting them on the phone, you will make your life so much easier by just getting franchisees on board. Do your franchisees know your company&#8217;s vision? Have you talked to them about the benefits of brand growth? This seems obvious, but it is easy for a franchisee to get caught up in their four walls and forget about the value of a greater brand. How do you overcome this?
<ol>
 	<li>Franchise development should have a full time slot at your annual conference. Your franchisees should fully understand your franchise sales process and at what stage of discovery prospects are likely to call. Additionally, explain to your franchisees what your development department does to ensure that prospects are instructed not to reach out until they have entered the appropriate stage.</li>
 	<li>I recommend asking your franchisees not to engage in validation unless they have been directly introduced to a prospect so they know the candidate has been properly vetted. If the franchisees know that you respect their time, they will be more likely to speak with your candidates.</li>
 	<li>Talk to them about how growth helps the system. Be as specific as you can. Here are three things I have personally addressed at various conferences:
<ul>
 	<li>Heightened brand recognition. I had two different franchisees talk about how an increase in market presence helped their business. Having a peer tell them their business had quantifiably increased when new franchisees came into the territory was a game changer.</li>
 	<li>Show specific examples of negotiated rates that have changed because of brand growth.</li>
 	<li>Show specific examples of agreements with vendors that have a lower unit cost when thresholds are met.</li>
</ul>
</li>
 	<li>Thank them. Don&#8217;t overlook this one! When a candidate tells you about a particularly informative call with a franchisee, reach out to the franchisee and thank them for sharing their story.</li>
</ol>
<h2>Training and support</h2>
Training and support should be directly engaged with your prospects. I recommend a call with department heads, individually or jointly, either before or during the validation process. This is a huge value-add for your prospect and a triple play for franchise development. First, prospects will see that you have a culture of transparency, which should lead to them being more comfortable investing in your brand. Second, by speaking with individuals who are responsible for training and support, they start to picture working with these folks, thereby beginning to take possessive ownership of the franchise. Finally, your training and support staff will see the candidates as real people with real needs, so being flexible on training class dates or making other accommodations will feel more natural internally as well. Engaging training and support in your sales process will move your candidates through the pipeline faster.
<h2>Real estate</h2>
The real estate department&#8217;s involvement in sales is a delicate balance. If candidates become too invested in real estate before franchise agreement execution, they may delay moving forward until they have found the &#8220;right&#8221; real estate. Unless preapproval of real estate is part of your model, the Real Estate department shouldn&#8217;t be reviewing potential leased sights until a franchisee is on board, so this becomes a &#8220;Catch-22.&#8221; However, I do encourage brick-and-mortar franchise organizations to have the real estate department review a candidate&#8217;s area of interest during the validation process. This serves two purposes: 1) real estate is able to get a high-level overview of the area so they start with a base level of knowledge after the franchisee signs, and 2) they may spot potential problem areas before signing. If an initial environmental scan renders few or no viable real estate options, you should address this issue and potential solutions with your candidate &#8211; before signing.
<h2>Budgeting &amp; the C-suite</h2>
As a CDO, it is your responsibility to set realistic expectations with the folks at the helm of the company. Shutting down unrealistic development goals is a must. Franchise sales is math: <em>budget + time to close = projections,</em> period. Also, budget notwithstanding, a franchise organization should only grow so fast. In a &#8220;hot&#8221; industry, keeping the reins on franchise sales while still taking advantage of growth opportunities is what sets apart the true professionals.]]></content:encoded>
					
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		<title>How To Be Ridiculously Productive by Implementing Tech in Your Sales Process</title>
		<link>https://www.franchisebeacon.com/how-to-be-ridiculously-productive-by-implementing-tech-in-your-sales-process/</link>
					<comments>https://www.franchisebeacon.com/how-to-be-ridiculously-productive-by-implementing-tech-in-your-sales-process/#respond</comments>
		
		<dc:creator><![CDATA[Michael A. Peterson]]></dc:creator>
		<pubDate>Tue, 23 Jul 2019 08:54:56 +0000</pubDate>
				<category><![CDATA[Franchise Sales & Development]]></category>
		<category><![CDATA[Franchise Sales]]></category>
		<guid isPermaLink="false">https://www.franchisebeacon.com/?p=4239</guid>

					<description><![CDATA[This article about using technology in the franchise sales process was originally posted at franchising.com as the second of a series of articles deep-diving into the franchise sales process. They didn&#8217;t get the cool picture of Michael in his tech space through!  You can see the first article, Nurturing Franchise Leads, here. I wrote The [&#8230;]]]></description>
										<content:encoded><![CDATA[<div class="wpb-content-wrapper"><h4><em>This article about using technology in the franchise sales process was originally posted at <a href="https://www.franchising.com/articles/how_to_be_ridiculously_productive_by_implementing_tech_in_your_sales_proces.html">franchising.com </a>as the second of a series of articles deep-diving into the franchise sales process. They didn&#8217;t get the cool picture of Michael in his tech space through!  You can see the first article, <a href="https://www.franchisebeacon.com/nurturing-franchise-leads-based-on-lead-source/" target="_blank" rel="noopener noreferrer">Nurturing Franchise Leads</a>, here.
</em></h4>
I wrote <a href="https://www.franchisebeacon.com/snowball/the-ultimate-guide-to-franchise-sales/">The Ultimate Guide to Franchise Sales</a> about a year ago. It covers, at a high level, the entire franchise sales process. This is the second in a series of articles that will cover several of the subjects from the guide, with a narrower, deeper scope.

<figure id="attachment_4238" aria-describedby="caption-attachment-4238" style="width: 350px" class="wp-caption alignright"><img decoding="async" class=" wp-image-4238" src="https://www.franchisebeacon.com/wp-content/uploads/2019/07/MPtech-500x500.jpg" alt="Author Michael Peterson" width="350" height="350" /><figcaption id="caption-attachment-4238" class="wp-caption-text">The Author hard at work in his tech space</figcaption></figure>

When I wrote the guide, I knew that the Technology section was the least developed, which is a bit ironic for me. Those who know me know that technology is my world. I live in a smart home, and from the time I wake up (&#8220;Hey Google, read my calendar and then play the news&#8221;) until I go to bed (&#8220;Hey Google, execute &#8216;Sleep Time'&#8221;), I interact with tech constantly. And, as further proof that I&#8217;m a tech junkie, I&#8217;m writing this article using dictation while I have three screens open on my desktop (see associated image!). Because tech is so infused into what I do, it was somewhere between difficult and impossible to capture the efficiencies it can offer in a couple of paragraphs. I&#8217;ll do my best here to explore the topic in depth.

I divide franchise sales efficiencies into two categories: the franchise sales process and franchise development personnel training. Irrespective of the category that efficiencies fall into, they are centered around using technology to provide data or execute on repetitive tasks.
In the franchise sales process, technology can be used to move the prospective candidate into, and then either though or out of your process in the most expedient way possible without in any way sacrificing the process itself. Let&#8217;s look at the life cycle of a lead:
<h1>Technology in the Franchise Sales Process</h1>
<h2>Into the Funnel</h2>
Lead processing is typically full of inefficiencies. If your lead marketing manager is sifting through emails each morning, putting them into your CRM, and assigning them, then efficient doesn&#8217;t describe your process at all. Here are some simple steps to streamline this process. These steps are applicable to the 1-person sales person or the manager of a 10-person development team.
<h3>Web-to-lead</h3>
Work with your website team and lead sources to get as many of your leads as possible directly into your CRM. This is often a challenge with broker leads, but input from both website and portal leads should be automated. Depending on your CRM, you may be able to auto-assign leads based on geography, or based on a round-robin method. But even if they just go into a queue, you&#8217;ve removed the data entry piece, which gets your leads into your sales team&#8217;s hands much quicker.
<blockquote><em>[bctt tweet=&#8221;I use a scripted Google Docs program with a time-based trigger for all of my broker leads, which pulls them out of my lead-capture email and puts them into a spreadsheet for fast manual entr&#8221; username=&#8221;franchisebeacon&#8221;]</em></blockquote>
<h3>Text messaging</h3>
Set up an automated text message to prospective candidates that confirms the receipt of their inquiry, the information you received (email, phone number, etc.), invite them to schedule a call (more on this below) with your development team, and ask them to indicate if they aren&#8217;t interested. On their second and fourth voicemails, my team typically says something like this: &#8220;Feel free to text me to let me know if you&#8217;d like to schedule a call or if you&#8217;ve decided it&#8217;s not quite the right fit.&#8221;
<blockquote><em>Advanced level: The folks at <a href="http://www.naranga.com/">Naranga</a> have a CRM that is full of automatons, and it has a text messaging platform built in.</em></blockquote>
<h3>Auto-responder</h3>
Of course you have an auto-responder. I encourage you to add three things to it: 1) a calendar link, 2) your minimum requirements (full-time/part-time/absentee level commitment, cash on hand, and net worth), and 3) a request to indicate if they aren&#8217;t interested. You should notice a recurring theme by now: I like to give my un-contacted prospects (not including broker leads) as many ways to tell me &#8220;No thanks&#8221; as possible.

The calendar link allows the prospect to schedule a call with your franchise development specialist based on their own availability. Our internal policy is to make 6 calls and send 6 emails over 4 months (&#8220;6 in 4&#8221;) before writing a lead off. At approximately 3 minutes per call-email combination, that&#8217;s close to 20 minutes per lead, assuming no one answers the phone. Before adding a calendar link, a full 50% of our initial contacts were devoted to scheduling the initial call. Those calls take another 3 to 5 minutes of unnecessary time.
<p style="text-align: left;">Let&#8217;s do some quick math. Assume that your team follows our 6 in 4 model; moves 20% of inquiries to actual leads (namely, they show a reasonably high level of interest on the first call and are qualified); contacts 20% of the remaining 80%; and NI/NQ&#8217;s them. Assume also that these calls take 5 minutes. Finally, assume that half of the inquiries that become leads required a call to schedule the initial conversation, and that the average development specialist receives 15 leads per week. Now, let&#8217;s do the math:</p>
<p style="padding-left: 25px;"><em>Eliminate the call-to-schedule-a-call:</em>
<em>3 minutes x [20% of 15 leads (~3 leads)] = 9 minutes</em>
<em>Half of the NI/NQ folks self-select out through text:</em>
<em>5 min x [20% of 80% of 15 leads (~2 leads)] = 10 minutes</em>
<em>Half of the never-reached folks self-select out through text:</em>
<em>20 min x [50% of 80% of 80% of 15 leads (~5 leads)] = 100 minutes</em>
<em>Minutes per franchise development specialist per week:</em>
<em>9 + 10 + 100 = 119 (~2 hours)</em></p>

<h4>Let me be clear: I&#8217;ve personally seen a 2-hour to 3-hour reduction in lead management time per week by implementing these strategies.</h4>
<blockquote><em>Advanced level: My team uses individualized videos for a more personal engagement. They aren&#8217;t overly produced. My team members use either their laptop webcams or their cell phones to shoot the videos. At a time when the world is flooded with over-produced content and super-polished emails and marketing materials, the &#8220;real&#8221; feel of a personalized video can quickly engage a prospect. This step should follow each initial call and is also sent by text.</em></blockquote>
<h2>Through the Funnel</h2>
<a href="https://www.franchisebeacon.com/the-franchise-sales-process/">As you work leads through the franchise sales process,</a> you will find most efficiencies coming down to being process-driven. We all know that when we end a call with a prospect, the next steps should be clear with them. Most development professionals also follow up with an email outlining these steps. To kick it up to the next level, include in the email a calendar link that allows the prospect to schedule the next call. This allows you to space calls out a bit more since the ball is in the prospect&#8217;s court. And it gives you an easy go-to subject when you do call: &#8220;Jim, I noticed you haven&#8217;t scheduled your FDD review yet. Are you having problems getting through the document?&#8221;
<blockquote><em>Advanced level: Automation is amazing. If you have someone on your IT team who is comfortable developing desktop automatons, your level of efficiency will grow exponentially. When someone on my team begins leaving a second voicemail for a prospect, they click the &#8220;Second Voicemail&#8221; button. This logs the call with a timestamp, sends out the requisite second email, and schedules the third call based on our lead engagement policy.</em></blockquote>
<h3>Personnel training</h3>
Franchise development is both an art and a science. No two franchise development professionals have the same sets of strengths and weaknesses, which means that no two individuals need the same training. If you use technology during the mutual evaluation process with the correct CRM setup, you should be able to evaluate the individual strengths and weaknesses of your development team.

For example, if you have two franchise developers who are both closing 1% of non-broker leads and 7% of broker leads, you might be tempted to train them similarly, but technology can help you recognize that one of them is closing 50% of people who make it to validation while the other is closing only 30%. You now have insight into their strengths or weaknesses. If the first person above gets 5% of people to validation, whereas your team average is 10%, you have separate, actionable, and individualized training data for both.
<h2>Wrapping it up</h2>
I firmly believe that your franchise sales process should be infused with tech. Staying on the cutting edge is part of a development team lead&#8217;s job. And keeping current will pay dividends in the form of closed deals and saved time.[/vc_column_text][/vc_column][/vc_row]<div class="vc_row wpb_row vc_row-fluid"></div></div>]]></content:encoded>
					
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		<title>Nurturing franchise leads based on lead source</title>
		<link>https://www.franchisebeacon.com/nurturing-franchise-leads-based-on-lead-source/</link>
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		<dc:creator><![CDATA[Michael A. Peterson]]></dc:creator>
		<pubDate>Mon, 08 Jul 2019 15:03:37 +0000</pubDate>
				<category><![CDATA[Franchise Sales & Development]]></category>
		<category><![CDATA[Franchise Sales]]></category>
		<guid isPermaLink="false">https://www.franchisebeacon.com/?p=4201</guid>

					<description><![CDATA[Franchise leads; Meeting People Where They Are This article was originally written for and published by Franchise Update Media, and can be seen on Franchising.com here I wrote The Ultimate Guide to Franchise Sales about a year ago. It covers, at a high level, the entire franchise sales process. Because of its breadth, it couldn’t [&#8230;]]]></description>
										<content:encoded><![CDATA[<h1>Franchise leads; Meeting People Where They Are</h1>
<em>This article was originally written for and published by Franchise Update Media, <a href="https://www.franchising.com/articles/lead_nurturing_meeting_people_where_they_are.html">and can be seen on Franchising.com here</a></em>

I wrote <a href="https://www.franchisebeacon.com/snowball/the-ultimate-guide-to-franchise-sales/"><em>The Ultimate Guide to Franchise Sales</em> </a>about a year ago. It covers, at a high level, the entire franchise sales process. Because of its breadth, it couldn’t go deep on any one subject. This is the first of a series of articles that will cover several of the subjects from the guide with a more narrow and deep scope. We’ll start with a dive into franchise leads and the interplay between two related subjects: <a href="https://www.franchisebeacon.com/franchise-lead-generation/">franchise lead sources</a> and the ways that the source affects the nurturing process.
<pre><strong>Franchise Leads: Where They Come from Determines How You Work Them</strong></pre>
One of my personal mantras is, “Meet people where they are.” I do my best to mentally accept where someone is in life; mean or kind, selfish or selfless, engaged or indifferent. I act on who they are rather than who I think they should be, not that I don’t expect people to change. I simply accept that <em>right now</em> they are <em>right where they are</em>. This makes my personal relationships easier, and I believe it makes me a much better franchise development professional.<img decoding="async" class="alignright wp-image-4205 size-thumbnail" src="https://www.franchisebeacon.com/wp-content/uploads/2019/07/4588_plate-1-e1562598400864-500x500.jpg" alt="franchise sales leads featured image" width="500" height="500" />
<h2><strong>Where They Come From</strong></h2>
Franchise leads can be broken into three categories:
<ul>
 	<li>Organic</li>
 	<li>Paid</li>
 	<li><a href="https://www.franchisebeacon.com/working-with-franchise-brokers-and-coaches/">Broker</a></li>
</ul>
Of these, I will spend the most time on organics; leads that are earned rather than paid for. These leads are often misunderstood, undervalued, and improperly nurtured, much to the detriment of franchise sales.
<h2><strong>Organics </strong></h2>
Organic leads are by no means free. They are often the result of extensive SEO work, content generation, and brand development. They are earned by having an authoritative and useful web presence, by being a subject matter expert, and by expanding your footprint.
<h4><em>Web Presence </em></h4>
Not all franchisors believe that content creation is a suitable use of marketing dollars. After all, being a national brand with a “hometown” presence is one of the cores of franchising. The national brand, however, is just as important as the local presence. For example, pet owners often prefer local caregivers for their animals, but a local caregiver coupled with a corporate website that has detailed, fact-based information about pet care portrays authority and knowledge, giving the owner more faith in the local business. For franchise sales, a strong web presence results in stronger organic rankings for franchise searches. For instance, the search results for “best preschool” and “best preschool franchise” are obviously going to be similar. Since customer-centric advertising is typically funded with ad fund dollars, franchise development gets a boost without a budget hit.
<h4><em>Being the Expert</em></h4>
A content-rich website will present you as a subject-matter expert, and researching the content will make you one. As a recognized subject matter expert, you will receive links to your content, guest post requests, interviews, and other brand-awareness opportunities. Consider this article; <a href="https://www.franchisebeacon.com/the-book-how-and-why-to-franchise-your-business/">as a franchising subject matter expert</a>, I am able to share my knowledge on a national platform which will likely result in increased name recognition for my company, and by researching and contributing to the franchise industry canon I keep my knowledge current and sharp.
<h4><em>Franchised-Location Leads</em></h4>
Initially expanding your footprint is a result of, rather than a cause of, franchise sales. As your brand grows, you can be intentional about them having a symbiotic relationship. Look at your franchised locations through the lens of franchise lead generation to increase this type of lead flow. Do you produce assets (flyers, posters, etc.) for your franchisees? If so, use a small piece of the real estate to list your franchise phone number. Do your franchisees use approved car-wrap designs? Include “now franchising” under the tag line. Bag stuffers, counterspace, napkins, cups, invoices; any point of interaction with the end user that you have control of can be a source of organic leads.
<h3><strong>Where are they?</strong></h3>
Organic leads are the most desperate group you will interact with. They may have been looking for franchising when they found you, or your marketing may have planted the seed. Irrespective of how they came across your business, your concept specifically moved them to make an inquiry (I will contrast this later), and they likely already have a basic understanding of what your customer-facing offering is.
<h3><strong>How to work them</strong></h3>
First, don’t mistake enthusiasm for qualification. An organic lead may have had an “aha” moment when they saw your model or recognized the value of your “secret sauce”, but may have only a minimal understanding of the investment it takes to open a business. If you allow yourself to get caught up in their fervor and skip your standard qualification process, you may find out, after several engagements, that they are planning on getting a grant, expecting to get an SBA loan without the requisite injection capital, or intend to “find investors” once they build a business plan.

Ask qualifying questions quickly. If they are qualified, seek additional information to adjust your standard benefits presentation. How long have they been interacting with your brand? How much research have they done on franchising? What do they believe are your differentiators? For example, if they are a long-time customer of one of your franchisees your consumer-facing offering is likely clear to them, but the actual business structure may not be. If they are a fan of the industry but didn’t know there was a franchise in the space, they may have no clue how the model works.

In my experience, organic leads are the fastest-moving group of leads. If you qualify them correctly, the rest of the process is often significantly easier than with other lead sources because organic leads don’t approach you with a “plan” on how to investigate your brand, and you are often the only brand they are looking at.
<h2><strong>Purchased Leads</strong></h2>
Purchased leads include portals, print, franchise shows, and pay-per-click exposure. Purchased leads are often derided. The reason is simple; they take <em>work</em>, and a lot of it.

<strong>Where are they? </strong>

I have worked with many portal leads which didn’t have a real interest in my brand, but rather checked the box on 10 or so franchises that caught their eye. These folks are typically shocked at the flood of calls and emails. At franchise shows, 20 or 30 franchisors may scan the same prospect, often with the prospect allowing this just to get the salesperson to shut up. When you first engage expo leads, they often won’t have narrowed their search to an industry, to passive vs active ownership, or even franchising vs going it alone.

<strong>How to work them</strong>

In one word: relentlessly. You must engage fast, and you must continue to engage for some time with no response. The best franchise teams discuss their follow-up process in hours from inquiry, not days. If you are not one of the first 1-2 people to engage them, you will have an uphill battle to fight just to surmount their franchise fatigue. If you end up being brushed aside or ignored, consistent follow-up can get you the deal down the road. I recommend a 5-6 call engagement over a 4-6-month period before considering a lead dead. <em>(<a href="https://www.franchisebeacon.com/be-first-or-be-last/">For more on this check out our proprietary franchise sales method</a>)</em>
<h2><strong>Broker Leads</strong></h2>
According to the 2018 Annual Franchise Development Report, broker leads accounted for about 15% of units sold. Based on my experience, brands with between 10 and 100 units will find this number to be significantly higher.
<h3><strong>Where are they?</strong></h3>
Broker leads are engaged. They follow up, they call you back, they respond to emails. They have narrowed their field of focus through a systematic process. They know what they can afford. They are also considering other concepts, and they have an outside advisor that influences the decision.
<h3><strong>How to work them</strong></h3>
Understanding how to work with broker networks and individual brokers is at least as important as knowing how to work their leads. Responsiveness is critical. I always tell a coach if I see a potential issue (territory, mismatch on lifestyle goals, financials, etc.) up front, and let them know that I am still more than happy to talk to the prospect if they want me to. I give them an easy way to bump me out, while simultaneously letting them know I am more than happy to be the “also shown” if they feel its beneficial. Get to any deal breakers with the prospects fast. I work diligently to make sure that just because I don’t award a franchise doesn’t mean they don’t get a placement.

When working broker leads, remember that they are speaking with 2-4 other brands, and they are, at least on the surface, a good fit for those brands as well. Above all else be timely, disclose your process, and keep the broker in the loop. Your first call should not be about pre-qualification; that is what brokers do. That doesn’t mean you can&#8217;t ask qualifying questions, as most of them are also ice-breakers. You should recognize that this individual is qualified, however, and your questions should be more about how then if.
<h2><strong>Meet them where they are</strong></h2>
Every franchisor should have a well-documented sales process, no excuses. For next-level lead nurturing success, however, that process must, at its core, allow flexibility. Remember, meet them where they are, not where you wish they were.]]></content:encoded>
					
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		<title>Working with Franchise Brokers and Coaches</title>
		<link>https://www.franchisebeacon.com/working-with-franchise-brokers-and-coaches/</link>
					<comments>https://www.franchisebeacon.com/working-with-franchise-brokers-and-coaches/#respond</comments>
		
		<dc:creator><![CDATA[Michael A. Peterson]]></dc:creator>
		<pubDate>Fri, 11 Jan 2019 06:55:39 +0000</pubDate>
				<category><![CDATA[Franchise Sales & Development]]></category>
		<category><![CDATA[Franchise Sales]]></category>
		<guid isPermaLink="false">https://www.franchisebeacon.com/?p=2828</guid>

					<description><![CDATA[Why working with franchise brokers makes sense I went to the  Franchise Broker’s Association Annual Convention some time ago. Afterwards, I was in the Houston United Club on a layover, and I had a call with one of my franchisor clients. He was shocked to learn that we were working with franchise brokers. “They are [&#8230;]]]></description>
										<content:encoded><![CDATA[<h1>Why working with franchise brokers makes sense</h1>
I went to the  Franchise Broker’s Association Annual Convention some time ago. Afterwards, I was in the Houston United Club on a layover, and I had a call with one of my franchisor clients. He was shocked to learn that we were working with franchise brokers. “They are so expensive! Why should they get $20,000 just for a lead?”
The commissions paid to brokers “just for a lead” are surprising to many would-be or brand new franchisors. For some reason the franchise broker/zor relationship can become occasionally adversarial. I have never understood this. To franchisors; franchise brokers are out there building YOUR brand. You are NOT paying them for just a lead; you are paying them because they are your brand ambassadors.

Below is an excerpt from my book <a href="https://www.amazon.com/How-Why-Franchise-Your-Business/dp/1540372847">How and Why to Franchise Your Business</a> that addresses the coach/zor relationship.
<blockquote>Brokers, coaches, consultants-they are known by many names. Basically, franchise brokers are responsible for generating their own leads, and they refer interested parties to franchisors.<img loading="lazy" decoding="async" class="alignright wp-image-3345" src="https://www.franchisebeacon.com/wp-content/uploads/2019/01/howandwhytofranchise.jpg" alt="" width="180" height="250" />
I have heard it said that brokers just bring you leads that you would already get elsewhere. I can tell you that I have worked with franchise budgets in excess of $100K a month in lead procurement. I currently manage a budget close to $1mil/year, and in all my years of franchise development, I have only had one lead come through a broker and another franchise lead source.
If you chose to work with brokers, and I think most franchisors should, then you need to learn how. This is not a set-it-and-forget-it model, though it is often treated as such. It’s important to understand that most broker networks have several hundred franchisors in their portfolio, but most individual brokers have between 10-20 go-to concepts. To make it on this “short list,” the individual broker has to have a basic understanding of your concept, believe in it, and, most importantly, believe in your ability to get deals done. I recommend that, once you list with a broker network, you get in touch with as many of their individual brokers as you can. Share your passion with them. Learn about them. Find out how they are generating leads. Let them know whom they should be sending to you, and whom they shouldn’t. Most importantly, establish a relationship and maintain it. I also recommend that you invite the brokers to participate in your sales process for the first candidate they bring to you. This will give them a deeper understanding of your concept, and make them more likely to show your brand to their potential candidates.
Again, I am often shocked when I speak to the executives of some of the largest networks in the country, and they lament how hard it is to get the franchisors to engage with their coaches. The requisite investment in most of these networks will not pay dividends if you don’t engage.
Brokers are a lot of work, but in my opinion, they are worth it.</blockquote>
To learn more about working with franchise brokers and other key topics in franchising, check out <a href="https://www.amazon.com/How-Why-Franchise-Your-Business/dp/1540372847">How and Why to Franchise Your Business on Amazon</a>.]]></content:encoded>
					
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		<title>Validation, the Key to Successful Franchisee Recruitment</title>
		<link>https://www.franchisebeacon.com/validation-the-key-to-successful-franchisee-recruitment/</link>
					<comments>https://www.franchisebeacon.com/validation-the-key-to-successful-franchisee-recruitment/#respond</comments>
		
		<dc:creator><![CDATA[Michael A. Peterson]]></dc:creator>
		<pubDate>Mon, 07 Jan 2019 08:41:13 +0000</pubDate>
				<category><![CDATA[Franchise Sales & Development]]></category>
		<category><![CDATA[Franchise Sales]]></category>
		<guid isPermaLink="false">https://www.franchisebeacon.com/?p=2629</guid>

					<description><![CDATA[franchisee Recruitment Validation is something you should be thinking about even if you are just now considering how to franchise a business. You might think that you are responsible for selling your franchise, or that you employ the people responsible for selling your franchise, but that is simply not true. The people that impact your [&#8230;]]]></description>
										<content:encoded><![CDATA[<h2>franchisee Recruitment</h2>
<img loading="lazy" decoding="async" class="alignleft wp-image-3744" src="https://www.franchisebeacon.com/wp-content/uploads/2019/01/validationkey.jpg" alt="Franchisee Validation" width="125" height="174">
Validation is something you should be thinking about even if you are just now considering how to franchise a business. You might think that you are responsible for selling your franchise, or that you employ the people responsible for selling your franchise, but that is simply not true. The people that impact your franchisee recruitment the most are not your salespeople, they are your existing franchisees. They are your salespeople. If they are happy, you will sell franchises, and if they aren’t, you won’t.

Sure, there will always be one or two people out there who you can “talk into” buying a franchise, because the concept you have happens to be what they have dreamed about their whole life, but most people make their investment decision based largely on what they hear from the franchise network.

Validation is even more important to a start-up franchise than it is to a mature franchise. When you have 100-200 locations or more open, and 2-3 franchisees that are unhappy, the impact is not nearly as damaging as if you only had 5-10 franchises open with 2-3 that were not happy with the system. Furthermore, a start-up typically will not have any name recognition to lend it credibility; the only credibility is what comes from the franchise network.

Of course, most franchisors know that validation is important; they just don’t know what to do about it or even if they have great or poor validation. There are a few key steps a franchisor can take, however, to measure validation, find out what is helping and hindering it, and quickly improve their system-wide validation with minimal investment.

Please note that there is one killer for validation that we cannot help; an unprofitable model. If your franchise model does not allow for franchisees to make money, then stop selling and fix it.
<h3>Step One- Measuring Validation</h3>
Before you can address franchisee validation issues, you need to learn what they are and how rampant they may be throughout your system. You may think that this is as simple as talking to your support personnel and finding out what the key franchise complaints are, but unfortunately it’s just not that easy. You see, when some franchisees is talking to their franchisor, they often feel at a disadvantage and that they have to exaggerate problems to get help. Other franchisees may not want their franchisor to know they are struggling, or may not want to admit they need help, so they may sugar-coat things. Conversely, when some franchisees are talking to prospects, they may feel their ego is on the line and talk about how great they do, they may feel loyalty to the franchisor so put the best shine on things, or they may be concerned that the prospect might compete against them, so they might try to talk the prospect out of buying. Basically, often what your franchisees tell you and what they tell prospects is two different things.

So what’s the solution? How do you find out what franchisees are telling prospects? It’s simple; become a prospect! Call your franchisees as though you are considering buying your own franchise. Ask specific questions. Questions like
<ul>
 	<li>What was your total initial investment?</li>
 	<li>Have your sales and profits met your expectations?</li>
 	<li>Knowing what you know now, would you make the investment again?</li>
</ul>
Asking these and other, similar questions will give you a true insight not only into how your franchisees validate, but also any upcoming problems in your system. Make sure you also ask questions to find out what makes the happy franchisees happy. Try to get in touch with every franchisee in the system. Don’t use cell numbers or other personal information, though. Only use information available to your prospects, like information from the FDD and your website. Click here to learn how Franchise Beacon can provide this service for you.
<h3>Step Two-Triage</h3>
There is a saying in franchising: There are two types of franchisees; franchisees that succeed because of their own efforts, and don’t succeed because of corporate. In other words, typically franchisees take credit for their successes and lay blame for their failures. Most likely, after you finish these calls, you will have a laundry-list of good and bad observations from your network. Now, you need to triage them. If franchisee says that the franchisor sends too many emails, or a certain person in corporate isn’t responsive, that is not quite as important as if they say no one ever answers the phone at corporate, or the technology system is horrible, etc. Once you have a succinct list of complaints, go though them and look for the complaints that:
<ul>
 	<li>Are repeated consistently</li>
 	<li>Could potentially stop someone from investing</li>
 	<li>Are solvable</li>
</ul>
Narrowing the list down to (hopefully) 2-3 issues that fall within this scope, and put together a plan of action to solve them.
<h3>Step Three- Communicate</h3>
Rather than wait until you solve the issue before you improve validation, communicate right away to franchisees that you know the issue exists, and your plan to solve it. Give them a detailed plan, with target dates and milestones. Simply knowing that you are aware of the issues and working towards a resolution can turn validation around.
<h3>Step Four- Solve</h3>
Take the plan of action that you put designed in step two, and execute on it. Read more about how Franchise Beacon can help you with this step
<h3>Step Five- Keep Communicating</h3>
People get used to being upset about the same things. Sometimes, they get so used to this that they don’t notice when the problem is fixed. Make sure that you are communicating your progress to your network, and let them know when you feel problems are solved. Invite their feedback.
<h3>Step Six- Target The Upset Franchisees</h3>
Reach out to the franchisees that were the most vocal or the most upset about a specific issue, and talk to them about the solution you implemented. Ask for their thoughts and feedback. Find out if they feel the solution is adequate. Invite them to be involved in finding solutions in the future.
<h3>Step Seven- Repeat</h3>
Every 12 to 18 months, repeat this process. This will help you keep validation under control, and also keep your finger on the pulse of your network in a way that that no other process can.]]></content:encoded>
					
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