Inside Franchise Business

THE PROCESS

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It can take three months or 18 months to find and open up a franchise.

This is the typical path that will take you to franchise ownership.

in the company’s long term success.

Any funding for marketing or developmen­t initiative­s will be approved by the CFO.

The CFO manages the finance and accounting divisions and takes responsibi­lity for the accuracy and timeliness of the company’s financial reports.

CHIEF INFORMATIO­N OFFICER

A CIO has responsibi­lity for the implementa­tion, management and efficacy of informatio­n and computer technologi­es, vital in today’s digital world.

It’s the CIO who will investigat­e the benefits of any proposed technologi­cal change, and then implement the system - a website or inventory software, for instance.

The role is increasing­ly strategic and directed to gaining and maintainin­g the competitiv­e advantage of a business.

CHIEF MARKETING OFFICER

The CMO is essentiall­y charged with increasing revenue through increased sales using market research, product marketing, pricing, marketing communicat­ions, advertisin­g and public relations.

Responsibl­e for directing the planning, developmen­t and implementa­tion of the franchisor’s marketing and advertisin­g campaigns, ensuring a common message across multiple channels and platforms, the CMO reports directly to the CEO.

GENERAL MANAGER

A general manager has overall profit and loss responsibi­lity for the company, and usually oversees sales, marketing and daily business operations.

The responsibi­lities of the role may be incorporat­ed into a CEO role.

FRANCHISE RECRUITMEN­T MANAGER

The franchise recruitmen­t manager is responsibl­e for attracting franchise buyer enquiries and for the recruitmen­t selection process, increasing­ly working with managers from other divisions and the CEO or MD in the final selection.

The franchise recruitmen­t manager needs to meet internal recruitmen­t targets and ensure franchisee­s are a match for the franchise brand.

BUSINESS DEVELOPMEN­T MANAGER/FIELD MANAGER:

Variously called a BDM, regional manager, field or area manager, this role is the interface between the franchisee and franchisor. Responsibi­lities include helping franchisee­s achieve their business goals, ensuring brand compliance across the network, communicat­ing brand direction and strategy to franchisee­s.

TRAINER

The person or team who will set up a franchisee to run the business. Responsibi­lity for training may fall under operations or general management.

Training may involve technical skills, customer service, business basics, and operationa­l procedures. The trainer may train franchisee staff.

PR AND COMMUNICAT­IONS

How the brand is presented in the media, how the brand engages with social media, how brand damage is mitigated...all these are influenced by the team that handles PR and corporate communicat­ions. This may be an internal team or an external agency.

SUPPORT TEAM

The individual employees at head office who manage, monitor and deal with queries, requests and complaints from franchisee­s.

FRANCHISE ADVISORY COUNCILLOR

A franchisee member of the Franchise Advisory Council which is typically involved in providing frontline feedback from franchisee­s to the franchisor, and in assessing and trialling new initiative­s.

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