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Kivo Daily: 4 Ways to Grow Your Franchisee Business
Craig Dunaway, President of Penn Station, breaks down how franchise brands can expand.
Being in franchising comes with a lot of stress and pressures, one of the biggest coming from the thought of growing your business, but not knowing exactly how to. There are steps every business owner should take when they get to the point of wanting to grow their franchise.
Craig Dunaway, Penn Station’s President, has outlined four of these best practices on how to grow your franchisee business in Kivo Daily.
These practices include focusing on operations and marketing, having an infrastructure in a place to grow, having both short and long term plans and focusing on developing a strong team and culture inside your walls.
Dunway says, “Growing is a natural next step once you have a successful, profitable business. To maintain your success, avoid pitfalls like growing too fast and never lose focus on operational excellence.”
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