Ten Approaches to Owning Successful Businesses in the Pet Franchise Industry That Work
Before following your dream and investing in a small business it’s natural to look for guidance. In the competitive business world, making a profit and maintaining operations feels daunting without support. This is why the franchise model has propelled so many successful businesses. With franchising, entrepreneurs take less risk. The franchisor supports them with technology, training, and marketing. This support has been proven successful in the marketplace with a practical bottom line. Combined with entrepreneurial tenacity, this is a recipe for success.
Splash and Dash Groomerie & Boutique is a pet franchise that lays the groundwork for successful businesses. A combination of unique cutting-edge technology, recurring revenue streams, and expert marketing is why the company is ranked #59 in “Entrepreneur Magazine’s Top New Franchises List.” INC. Magazine also listed the pet franchise No. 3 in the “Top 10 Franchises that Swept the Nation,” with the company making the “INC. 500” List three years in a row. Splash and Dash offer investors an exclusive platform to succeed.
Most importantly, Splash and Dash shops are amazing places that franchisees are proud to own. The company culture is fun. The store model is bright, inviting, and upscale. The franchise owners are passionate. Franchise owners love what they do—playing a small part in benefiting the community surrounding their shop. Customers have the opportunity to buy the healthiest pet foods—made with all-natural ingredients—that support a higher-quality of life for customers’ pets. The inventory of pet supplies are eco-friendly and help reduce the carbon ‘pawprint.’ When customers take their dogs to Splash and Dash they know their dog will be treated by a loving professional.
Like all well-crafted enterprises, Splash and Dash Groomerie & Boutique has a tested process behind the many successful businesses in the franchise. Read further to find out more!
Leadership
Successful businesses start with successful people. Within the repertoire of skills an entrepreneur has, leadership is one of the strongest. Splash and Dash believes in the business philosophy, work on your business, not in it. This means our franchise owners are engaged in their shop. They are driving performance with innovating ideas and motivating employees. A strong leader doesn’t bounce around putting out fires. Leaders have a systematic approach to prevent them. Being a leader is more than calling the shots. True leadership is setting the standard for excellence that you value in your team.
Risk-Taking
There are two kinds of entrepreneurial risk—calculated risk and unmitigated risk. A savvy business-person acts with the former. Opening a small business or buying a franchise can be risky. Many take out small business loans, cash in a 401(k), and sink time and effort into their new venture. Entrepreneurs need to be willing to take risks and dexterous enough to calculate success. Recognizing potential consequences and finding routes to grow a business is how Splash and Dash owners minimize risk while boosting profits.
Company Culture
Owning either a franchise location or independent small business requires establishing a strong company culture. Splash and Dash’s company culture is an extension of the brand. The company consists of passionate people who love animals and know the business. As a boss, franchise owners are team leaders that can challenge and motivate employees to be the best version of their professional-self.
Financial Literacy
Successful businesses are the outcome a strategic and well-executed business plan. One of the perks of owning a franchise is a business plan is already written. The responsibility falls on owners to carry the business plan out. Franchise owners are trained to put in place the strategies of the franchise model. With support, it is up to a franchise owner to be able to navigate the fiscal operations of their business.
System & Structure
A small business is not the place for anarchic structures. Without structure, dissension, stagnation, and inconsistencies develop. The inverse of this is having a specific approach to workflow. Keeping yourself and your employees organized ensures standards, accountability, and predictability. Every shop owner has intention and every decision made is deliberate. Successful businesses are well-oiled machines that minimize risk and capitalizes on ingenuity.
Value Your Employees
Part of developing a succinct company culture with a positive shop-morale is valuing your employees. Business owners should trust employees, delegate responsibilities, and be supportive of their staff. When you treat your employees with kindness and respect, these values are reciprocated. Owning a business where your staff is excited to come to work translates into customers being excited into coming into your store. A genuinely positive atmosphere is a catalyst for success.
Communication
In the digital world, collaboration is seamless. There are software applications that help your team stay on the same page. Productive meetings, diligent training, and operational systems are all part of good communication. The most successful businesses have a methodology in place for communication. For instance, retailers have inventory management software or an inventory system put in place. This way there is no excess stock and the shop doesn’t miss out on a sales opportunity because their shelves are stocked accurately. Communication is more than keeping your staff informed, it’s maintaining the shop’s structure and systems.
Learnability
Entrepreneurs live a lifestyle with a focused continuum of training and education. Technical and non-technical skills are constantly refined. With franchising, capable shop owners need to be able to take a framework and build from this blueprint. This takes adaptation and being able to learn new systems. Training and support lead franchisees in the right direction, it’s a shop owners job to stay on course.
Community & Passion
Successful businesses are built around passion. If the members of a company do not truly believe in the company’s goals, people burn out. If you do not love what you do, it will be difficult to stay dedicated and ambitious. Find an industry where you can flourish—a place to own that gives back. Splash and Dash owners have the opportunity to educate their customers and see the results. Owners host adoption events, provide green products, and healthy pet food that nourishes animals. Splash and Dash spa treatments benefit a pet’s overall care and prevent health issues from developing.
To learn more about the amazing things happening at Splash and Dash Groomerie & Boutique, click here.
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