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We talk to successful multi-unit operators constantly here at Franchise Update Media. These busy on-the-go people share great insight and wisdom with us through our profile stories in Multi-Unit Franchisee magazine. Here, from our archives, are some insightful responses from some of these franchisees.
What would you say is your biggest current challenge? There are several challenges, but I would say that the biggest current ones are keeping up with the changing environment. It's tougher to recruit and retain talent in some markets and government intrusion surely doesn't help, especially in California. It is also challenging to keep up with competition and retaining positive transactions. It is required to stay relevant in our business in order to maintain growth.
What can you tell us about your next big goal? Maintain what we have built over the years. Possibly acquire additional brands, become a franchisor.
Anil Yadav, multi-unit franchisee of Jack in the Box; TGI Fridays; Denny's; El Pollo Loco; Corner Bakery Cafe; Marco's Pizza; Sizzler
What would you say is your biggest current challenge? Work/life balance. Being part of two brands that we're trying to scale rapidly requires a lot of time, and sometimes it's difficult to shut down when I'm home with my family.
What can you tell us about your next big goal?
Planet Fitness has been very successful in creating brand awareness and becoming the industry leader. My goal is to help ZIPS get to that level of brand awareness, where it becomes a household name.
Joe Bernatowicz, multi-unit franchisee of Planet Fitness and ZIPS Dry Cleaners
What would you say is your biggest current challenge?
Patti: Staffing 26 salons is a challenge. There are not enough hair professionals in the industry right now.
What can you tell us about your next big goal?
John: We would like our business to be debt-free.
Patti: Beyond that, we would like to retire to a life of serving others and enjoying our grandkids.
John and Patricia "Patti" Prichard, multi-unit franchisees of Fantastic Sams and Camille Albane