
There's much more to a successful franchise than passively soaking up the information and support materials provided by your franchisor.
When you invest in a franchise you're investing in the rest of your life, so it makes sense to involve yourself as deeply as possible. OK, so your franchisor is the expert. But you have a valuable contribution to make too.
When you first buy into your chosen franchise, you have a rare window of opportunity. This is the first time you've experienced the concept and materials. With your eyes wide open and no preconceptions, you might spot areas where the franchise could work better. You might have an amazing marketing idea or spot something really exciting that's missing from their offer.
Don't be scared to stick your head above the parapet and send your ideas and feedback to your franchisor. If they're on the ball they'll be delighted to hear from you.
Your customers represent a goldmine of information too. Take note of customer feedback and look out for patterns. If several people have experienced the same issue or problem, are confused by a proposition or consistently mis-fill the same form, you have the power to help make things work better.
Tell your franchisor and together you might find that, as a result of your observations, the entire franchise business pulls in more customers and more cash.
Here's a short list of the kinds of things to look out for:
promotional and marketing-led ideas; discounts, special offers...
gaps in support materials for franchisees and end customers
elements of the sales proposition that cause confusion
potentially profitable target markets currently underexploited or excluded
website navigation and interface issues
You can even go in for a spot of blue sky thinking... even the wildest and most unlikely seeming inspirations and ideas sometimes have a grain of pure gold at the centre.