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Measuring Performance:
Multi-Unit Franchisees Utilize Unit Economics
Multi-unit
franchisee Todd Pulley knows all about measuring unit performance
and profitability - even though he had no prior financial background
before becoming a franchisee. Over the last 15 years though, he has
developed and refined his own system for measuring his unit
economics at his four PuroClean locations in New Jersey and
Delaware. The effort is paying
off.
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| Discovering Oil:
Multi-Unit Operator Strikes it Rich |
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Darrell Lamb remembers toiling away in the heyday
of the mid-90s stock market. He was always searching for new
investors, and on the lookout for hot investments. One day some of
his advisers told him about an opportunity - a chance to invest in
the Express Oil Change franchise.
READ
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| Old School
Communication: Cell Phone Texting Builds Customer Traffic |
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Considering the wide-ranging abilities of today's
smartphones, simple text messaging may seem passe, but it's a basic
social media tool that's working wonders for Chris Kramolis'
franchise operation. He's been using text messages to build business
and compile a database of his customers--and he doesn't see any
reason to deviate from something that's working.
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| It is Time
for an Operating Cost Audit? Franchise Tenants Unite |
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When was the last time you challenged a
landlord or property manager about the operating expenses or
common area maintenance charges? Probably not recently or never,
right?
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| Capital
Access |
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Dustin Winkle was a victim of the dot-com
crash a few years back. While pondering his next career move, he
visited with family members who operated some dry cleaning
stores.
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