Transforming Profits: The Tale of a Company-Owned Friendly Fire
Sep 1, 2023
If it's making money, why not run it on your own, right? But let's pause and ask ourselves - why franchise a business?
Ah, the relentless quest for profit-making! If it's making money, why not run it on your own, right? But let's pause and ask ourselves - why franchise a business? It's a thought that’s crossed my mind, and probably yours too. Well, here’s a story that might just change the way you think.
A couple of months ago, we waved goodbye to a company-owned Friendly Fire. Not with a heavy heart, but with high hopes and expectations. Enter the scene - two franchisees. Top lads!
Now, this Friendly Fire location had a past of just breaking even, coasting along, and doing fine. Nothing extraordinary, but nothing alarming either. Last year was all about maintaining balance and keeping the ship steady.
Fast forward to this year, and things took a turn, a significant one. The franchisees, with their zest and zeal, spearheaded a phenomenal change. The numbers? A whopping 93% YoY revenue growth in July! ↗️ 93%! Let that sink in.
It’s like watching a phoenix rise from the ashes, transforming into a creature of immense power and potential. The location that was once just scraping by is now a powerhouse of profit, all thanks to franchising and the undying spirit of our top lads.
But what’s the magic behind this transformation? Why did a franchise model work wonders here? The answer lies in the unique blend of ownership, motivation, and personalized touch that franchisees bring to the table. They infuse a new life, a different perspective, and an unmatched drive to succeed.
The journey from ‘doing fine’ to ‘setting the stage on fire’ is not a walk in the park. It’s about taking risks, embracing change, and above all, believing in the power of franchising. It’s about realizing that sometimes, letting go and entrusting others can lead to paths you never imagined.
This year, the tale of Friendly Fire is not just about profits and numbers; it’s about reinvention, growth, and endless possibilities. So, why franchise a business? Because sometimes, the road less traveled, the risk, the change, brings about a revolution that’s worth every penny and every leap of faith.
To every entrepreneur pondering over the decision to franchise, take a leaf out of Friendly Fire’s book. Look at the potential, the growth, and the success that franchising can unfold. If it’s making money - sure, run it on your own. But remember, franchising can turn the ‘making money’ into ‘rolling in dough’.
So, ready to set the stage on fire? 🔥