25-07-2024
Learn How to Grow Your Business Like a Franchise (Without the Franchise!)
In this episode, Danny Hanlon, COO of Granite and Trend Transformations UK, reveals the inner workings of franchising and the invaluable lessons it holds for small businesses.
Gain insights into:
How small businesses can leverage franchise strategies to optimise your operations
How franchising offers a proven model for growth, mitigating risks and providing comprehensive supportThe essential traits of successful franchisees, from leadership skills to industry passionThe critical role of operations manuals and ongoing support in ensuring consistent quality across franchises and in business The art of delegation, managing toxic employees, and making informed decisions
Key takeaway: Small businesses can glean invaluable insights from the franchise world, particularly in process documentation and standardisation
Why this episode is for you:
If you're a service-based business owner seeking growth without the burdens of a large workforceIf you're feeling overwhelmed as a solopreneur or small team, franchising principles can revolutionise your approach
Keywords
franchising, home improvement, franchise model, franchisee characteristics, staff recruitment, operations manual, franchise support, decision-making, toxic employees, delegation, franchise world, management differences, documenting processes, small businesses