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 support
- The essential traits of successful franchisees, from leadership skills to industry passion
- The 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 workforce
- If 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