Strengthen Franchise Relationships by Saying "Thank You"
Paul Segreto
Franchising, Restaurants & Hospitality, Small Business | Entrepreneurial Growth | Empowering Coach | Transformative Advisor | Visionary Strategist
To celebrate Franchisees, I cite the lyrics to the Alabama hit song, "Forty Hour Week". It's my way of expressing gratitude for the many, many franchisees and their employees that do their parts every day to make, not only their franchise brands run each and every day, but also our great country. We often take so much for granted when things run smoothly, almost seamlessly. Of course, during COVID there were challenges, but many franchisees did what they had to do, and persevered.
And then, it hit me as I reread the last verse of the song...
There are people in this country who work hard every day. Not for fame or fortune do they strive. But the fruits of their labor are worth more than their pay. And it's time a few of them were recognized.
Wow, how could I miss something that should be standing out front and center? Is it obvious? Do you see it yet?
Okay, let me make it easier to spot. In the verse above, change "people" to "franchisees" - Ah, there it is! There are franchisees in this country...
At times, there is some discourse (maybe more than we'll admit) today around the franchise relationship and it really doesn't need to be the case if the focus is clearly on relationship basics, and that starts with appreciation. Remember, many franchise organizations refer to their system as a family. Isn't being family enough to expect appreciation?
Think about when a franchisee signs their franchise agreement and remits the franchise fee - they're quickly told, "thank you" and they're even recognized in the brand's newsletter and also in press releases announcing them as a new franchisee. Yes, that's awesome.
Now, ask yourself, is that the last time franchisees are actually thanked or recognized? Most likely that is often the case. But I'm not just referring to systemwide accolades. I'm talking about someone from the brand's leadership team picking up the phone for a quick call or planning to visit when in the franchisee's area. Or at the very least sending a hand-written note just to say, "thank you" and that they're appreciated for their investment in the brand, for how they represent the brand, and for how they're committed to protecting the brand.
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So, why not jumpstart an improvement in your franchise brand's culture by starting with "thank you" as the norm, rather than as the exception?
There are franchisees in this country who work hard every day. Not for fame or fortune do they strive. But the fruits of their labor are worth more than their pay. And it's time a few of them were recognized.
About the Author
Paul Segreto is the Founder, CEO & Visionary Entrepreneur at Acceler8Success Group, a business incubator and accelerator for current and aspiring entrepreneurs. Paul has been recognized as a Top Small Business Influencer by Fit Small Business, as a Top 100 Global Franchise Influencer by SEO Samba & 1851 Franchise Magazine, and as a Top 100 Champion Small Business Influencer by Small Business Trends & Small Biz Technology. He has achieved professional designations including Certified Franchise Executive, Certified Franchise Broker, and Certified Business Broker.
If your brand needs assistance in developing the right culture and creating positively memorable experiences or if you need help or guidance as a current or aspiring entrepreneur, please schedule a complimentary call at?Calendly - Paul R. Segreto?or visit Acceler8Success Group website at?Acceler8Success.com.