Troubleshooting Franchise Operations with Software Solutions

Franchise Operations with Software Solutions

Today, we look at three common problems with franchise operations that our software solutions can solve. Read on to learn if FranchiseSoft could help your business.

Operational Problem #1 – Undercapitalization

One of the most obvious pitfalls for businesses is undercapitalization, which refers to any time a brand has insufficient capital to conduct normal franchise operations. This problem is particularly threatening in the first year of business, as some franchisors will require substantial “ramp up” time, most of which they’ll spend idling in the red as the cost of supporting new franchisees exceeds revenues and franchise fees.

While FranchiseSoft won’t necessarily be the end of whatever financial woes you may be suffering, it is an easy way to save money. Without factoring in all the savings that you’ll get from automating many of your data entry and reporting tasks, or the time you’ll find yourself with now that all of your software systems are completely integrated, FranchiseSoft is more affordable than locally-installed software. That’s because our cloud-based software solutions can be deployed throughout your entire franchise network, which means consolidating your software expense into a single purchase price, rather than having to buy dozens of software licenses.

Operational Problem #2 – Weak Infrastructure

Proven systems, polished processes, and attentive support are the backbone of any franchise. Without these keystones in place, your franchise will never grow in a sustainable fashion.

Developing the right infrastructure involves many different factors:

  • You’ll need to analyze your systems, processes, procedures, and support channels to determine what is still required. FranchiseSoft automatically delivers monthly reports to your email, and keeps key performance metrics at your fingertips with real-time monitoring via our intuitive (and fully customizable) dashboard that will help you make these critical assessments.
  • Once you’ve identified the problem, you’ll need to add what’s missing and inform your team of these changes. Though system updates like these used to take months to roll out with individual training and the gradual dissemination of information through emails and phone calls, FranchiseSoft’s Intranet system makes it easy to expand on existing operational materials. Our intranet puts your franchise’s entire Digital Library at your fingertips, so you can add to training or procedural documents and then send email or SMS alerts regarding this change out to your entire franchise roster.
  • After you’ve implemented your infrastructural changes, you’ll need to turn back to step one and analyze the impacts they’ve had, then tweak and repeat until you’ve got the desired results. For this purpose, there is no better tool than FranchiseSoft’s real-time performance monitoring dashboard.

Operational Problem #3 – Finding the Right People

This will mean something different to you depending on which level of business you’re currently opportunity at; franchisees are always looking for the right clientele, while franchisors are looking for the right candidates for franchise ownership. In either case, the long-term success of your business model depends on effective outreach, brand visibility, and relationship building.

For franchisees seeking effective advertising outreach and visibility, our integrated marketing module is the obvious choice, making email and direct marketing campaigns easy to target, create, launch, and manage. These marketing emails and campaigns can be customized to work for franchisors too. Moreover, our franchise development software helps franchisors connect with eligible candidates by reaching out through all popular hiring portals.

Finally, in terms of relationship building, FranchiseSoft is unparalleled, offering streamlined messaging tools that track and organize all correspondence so you can make every client or prospective franchise owner feel special.

Learn more about the specific solutions we provide for more franchise operations at http://www.franchisesoft.com.

The Value of Virtualization: Exploring the Benefit of Franchise Software

Benefit of Franchise Software

In 2017, if your business isn’t virtualized, you’re well behind the curve. Today’s post discusses some of the main benefits of virtualization using FranchiseSoft’s CRM- franchise management software

  • Increase sales. The most important, bottom-line benefit of franchise software is that it will increase your sales. If this is not something your current provider is offering, you’re running a suboptimal system. Sales are directly affected by the quality of customer service and relations your company can provide. Our customer loyalty and sales promotion tools drive more people to individual outlets, while our streamlined messaging system and tracked correspondence ensures quality customer experiences every time. 
  • Optimize inventory levels and supply chain. One benefit of franchise software is that it maximizes your corporate level inventory visibility. Moreover, our automatic stock replenishment tool can be used across the entire franchise network, putting data on historical and seasonal trends into the hands of the individual franchisees who need it most. This helps keep everyone on top of how much product they have and how much they’ll need, which protects against any potential shortages or blowouts in the future. 
  • Access your business from anywhere. The majority of people today walk around with the power to run an entire business in their pants’ pocket; with mobile devices now surpassing the desktops of yesteryear, the right franchise software is all you need to run your company remotely. Cloud-based software like ours gives you the freedom and flexibility to work anywhere with an internet connection, giving you access to your franchise’s Digital Library via the Intranet, along with intuitive dashboards keep you updated on key business performance metrics in real time.
  • Give your franchise information multilevel protection. In the information age, data is more precious than ever. Clients and franchisees will be unwilling to work with a franchise that doesn’t practice due diligence when it comes to information security.When using locally installed software alone, losing crucial information via data corruption, hardware damage, or disastrous misclicks is always a possibility. If you’re not using cloud-based software, your only option in this case is to keep backups at another location to prevent catastrophic losses.

    As current and former franchise owners, we understand the need for multilevel data protection. Our cloud-based software is highly secure so you never have to worry about handling sensitive information while you work on the go. Moreover, our data backups are fully automated so you never lose the sales and client information that sustains your business.

  • Streamline software updating. With locally installed software, maintenance and update duties fall on the shoulders on the individual computer operator. While this may suit some smaller, single-computer businesses, it’s simply not feasible for big franchises, especially when multiple units are involved.With cloud-based software, the updates happen on the server side. This is great news for franchisors; rather than travelling to each individual location to manually update each computer, our cloud-based software automates the entire process. In this way, we ensure all parts of your franchise are operating on the same page at all times, without needing to dedicate extra man-hours to the task.
  • Save tons of money. Outfitting an entire franchise network with locally-installed software means purchases numerous software licenses, whereas FranchiseSoft can be deployed to your entire company roster for a single, consolidated fee. Many consider these direct savings to be the primary benefit of cloud-based franchise software.

Browse our full list of features and benefits at http://www.franchisesoft.com.

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