By Vicky Tade

Taking Advantage of Technology for Franchise Business Management

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Technology Advances Make Franchise Ownership an Easy Decision

Most businesses that fail do so because the owners are not managing the business properly. Things like expenses, sales, cash flow, customer satisfaction, employee management, and inventory need constant attention and management. It’s crazy to think that just 30 years ago all of this was done manually on paper. The margin for error in “the old days” had to be extreme.

The world of technology has completely changed the landscape of how well an entrepreneur can run a business. Franchise systems are leading the charge on utilizing technology to increase the opportunity for success for their owners.

Today’s franchise owner has far more visibility into their business’ operations than ever before. We have seen many tools and resources develop in a short span of time that help franchise owners to do everything from monetize social media to have exact inventory control with automated reordering. Franchise owners can actually see the sales of their stores compared to the staffing by the minute. These tools are built into the operational systems of the franchise, giving franchise owners a huge competitive advantage.

This type of visibility allows them to make smart choices about their business and increase their returns. They can manage their business so precisely because this level of automation and technology. If you would like to learn which franchises are utilizing technology to make life easy for their owners, contact us today and we’ll show you.

“You can expect what you inspect” ~W. Edwards Deming

If you would like to find out more, please contact us today!

Complimentary Franchise Selection Training Available

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There are almost endless franchise opportunities available to you, and we are here to help you in every way we can to evaluate all of your investment options. We are so happy to be able to provide you with the opportunity to realize your best future by finding the perfect business for you and your lifestyle.

Concepts range from low investment to Area Developer opportunities, from business coaching to pet industries, active management to investment-only opportunities.

Want to learn more about franchising and even more options that are available to you? Join us for no obligation, educational webinars with the franchise concepts in our portfolio.

We also offer monthly small business trainings to help you while running your business. Topics addressed include time management, working with your franchisor, decision making and more. We strive to provide you with the best services before, during and after you invest in your franchise.

We offer hundreds of franchise concepts. Call or email us to learn about more opportunities or for a list of upcoming information webinars.

Monthly Sessions for Franchisee Financial Management Support

Did you know that many franchises will offer you financial management support?

One of the Number One reasons why small businesses fail is due to improper funding and financial management. These are also two reasons why so many franchisees succeed!

As a franchisee you are given a very accurate cost list which details how much capital is needed to start and run the business. It’s in the disclosure and it has been successfully duplicated by the franchisees in the system.

Many franchisors will actually check the numbers with their franchisee on a monthly basis. This is like having a personal wealth manager on your side to keep your business on track. It’s always amazing to see how dramatically proper financial controls impact the bottom line.

When you are shown how to manage those expenses properly it makes such a difference to the amount of money you take home. Making money, having control over your schedule, and making an impact in your community are excellent reasons to own a franchise. If you would like to know which franchises offer monthly financial management and wealth monitoring services to their franchisees, call today and we will introduce you to them.

If you would like to find out more, please contact us today!