Why Certain Brands Close Deals Like Clockwork

08/11/2023 26 min Temporada 2 Episodio 1
Why Certain Brands Close Deals Like Clockwork

Listen "Why Certain Brands Close Deals Like Clockwork"

Episode Synopsis

Welcome to FranPro Insights Podcast.  If you would like to access our most recent content and to receive updates, you can register here: https://franpro.com/Contact us here [email protected] if you:Want help finding a franchise Would like to be featured on our programWould like help producing or want a podcast produced for youAre a franchise company and want access to our free ROI Tracker dashboardIn this episode, Lance Hood of FranPro interviews Chief Executive Officer Doug Schadle at Rhino7. Doug Schadle is an incredible resource for any franchise organization. If you would like to work with Doug you can reach him here: https://Franpro.vip/GoRhino7In this call: "How to avoid declining sales and irrelevance by using an effective sales process."Also covered:​Are you taking unnecessary risks with your business?​Are you fooling yourself, is your brand unique or memorable?​What does an effective sales process look like?​Utilize your FDD to get your brand the traction it needs​And moreTransform your understanding of franchise branding with our latest guest, Doug Schadle, CEO of Rhino7. We delve straight into the heart of franchise sales, exploring the nitty-gritty of developing an effective process, especially for emerging brands. Doug gives us a masterclass on reverse engineering from P&Ls, backing this up with the crucial element of a robust support system for franchisees. He also provides a reality check on the financial investments you need to reach self-sufficiency in royalties.Moving on, Doug takes us on a journey through franchise investigation and brand selection, providing us with a roadmap to delivering successful investigations. He shares invaluable insights on leveraging homework and conversations to educate prospects, and how to effectively navigate objections and fears. With a unique angle, Doug also delves into how an individual's skill set can influence their franchise choice, illustrating this with compelling examples.Wrapping up, we dive into the world of branding and the Franchise Disclosure Document (FDD) with Doug. He unravels the magic of striking branding and effective franchising, contrasting unique businesses with established ones. Doug also brings to light common pitfalls and how to evade them, emphasizing the importance of the FDD as a growth tool. And for those eager to learn more from Doug, he generously shares how you can connect with him and tap into his wealth of knowledge in the franchise industry. This episode is packed with golden nuggets for anyone looking to venture into or expand in the franchise business.Contact us at [email protected] if you: Want help finding the right franchise for you Would like to be featured on our program Would like help to produce or want a podcast produced for you Are a franchise company and want Free access to our ROI Tracker dashboard *Some of the companies we interview compensate us a commission if you purchase something.