New Growth - Joeys Franchise Group
The great thing about franchising is bringing on new stores. It is such an exciting time for both the Franchise Partner and the Franchisor. We are excited to announce a few new store openings in Calgary. Two new Joeys Urban’s, one at 8118 Beddington Blvd. NW and one at 4501 17th Avenue SE . We also have a new MVP Modern Barbers in Calgary this week at 34 Edgedale Drive NW, in the community of Edgemont across from the World Health Centre.
Join us as part of one of our great franchise systems; Joeys Urban, Joeys Restaurants , MVP Modern Barbers, Homes & Land Canada
The Common Purpose
“Leadership begins with goals. When the followers know what the goals are, everyone understands the importance of their own role for the common purpose.”
The quote is from a former military general and he knows a little bit about the ‘common purpose’. When you are looking for a franchise system to buy into, you should be asking them the same question. What is their common purpose?
We all know it’s to make money, right? But what else do YOU value? What else are you looking for? Make sure when you are asking the Franchisor questions about their system that you include open ended questions, get them talking, learn about the people who control your fate. Can you trust them? Do you like them? Can you see yourself being their partner for ten or more years?
Trust your instincts
When you buy a business franchise of any sort you are entering into a business partnership, in which your relationship with the franchisor (or 'principle'), and their people, will be absolutely crucial to your success. You must be able to trust and work with the franchisor and the franchise company's staff - especially the directors and senior managers. If you have the slightest doubt as to the integrity of any of the people within the franchising company think extremely carefully before you go ahead with them. Trust your instincts - if you feel uncomfortable during the selection and recruitment stage it is likely that there are grounds for concern. Feeling uncomfortable about trust and relationships may not necessarily mean that the franchisor is untrustworthy, but it does probably mean that the 'fit' may not be right for you. Relationships are personal things - some people you'll get on with and see eye to eye with; others you may not. You will be more likely to succeed, and receive a good level of appropriate support, if there is a good emotional 'fit' with the franchisor.
Trust your instincts to tell you whether the franchising company has a similar value system and ethos to your own. If you value the customer above all else, do they too? If they do not then they may not be fully in tune with your style and business philosophy. Finding a good emotional and philosophical match with your chosen franchising company is almost as important as choosing the right sort of business. Given sympathetic and genuinely relevant support we can achieve almost anything - be sure that your franchise partner will be able to provide it.
Are you cut out to be a franchisee?
Before buying a franchise, ten important questions need to be carefully and thoughtfully answered:
1. Are you ready to take on the responsibilities of starting and running your own business?
2. Does your family accept your choice and are they ready to support you?
3. Do you like the activity you are considering enough to make a commitment for 5, 10 or 15 years?
4. Do you like dealing with people and are you good at it? – You will have to interact with your customers, your employees, the franchisor and other franchisees.
5. Do you like the franchisor’s staff / those people with whom you will be working?
6. Are you willing to follow the franchisor’s rules and system?
7. Can you afford the franchise?
8. Have you carefully studied the legal documents?
9. Does the franchise you are considering have a track record of success?
10. Are the other franchisees generally happy and successful?
Ensure that you review the Franchisor’s Disclosure Document thoroughly. They should give you one regardless of whether they are required to you in your province or not. That’s just good business on their part. It will include a list of locations and the contact information for those locations. Call a few, and. Or just in the market your looking in. Call Franchise Partners in others parts of the country as well.
Joey’s Franchise Group encourages all of its prospects to reach out to existing Franchise Partners, it’s why call them Partners!
Joey’s Seafood Restaurants | Joey’s Urban | MVP Modern Barbers | Homes & Land Magazine Canada
What drives us....our Partners.
“When we work hard towards something we believe in, it’s called passion. When we work hard towards something we don’t believe in, it’s called stress.”, Simon Sinek
What is your Passion? What drives you?
Our Franchise Group is driven by our Passion to see our Franchise Partner’ succeed. Succeed in their businesses and succeed in their personal lives. Each of our Partners is a member of our franchise family.
We try to build this foundation on trust. Trust is a feeling. It is the same feeling for friends or companies. To earn that trust we need to act like our friends would when interacting with our partners.
Our Partners are the reason for it! They are out ‘why’.