I think we can agree that positive word-of-mouth is one of the best marketing tools any business can have. To get this to work, you need what I like to call “war stories” that are affirming. These are customer experiences about doing business with you that are so compelling they want to share the story with their friends and colleagues. For that to happen, you truly need to have over-the-top customer service that consistently exceeds expectations. When I owned my printing franchise, we used an over-the-top guarantee with the tag line: It’s Right, It’s On Time or It’s Free. If the customer was not 100 percent happy with the job, we reprinted it for them and gave it to them for free. The same was true if we missed their due date; it was free.
Owning a franchise may seem like too big a risk to take on, and in some ways, it can be daunting. Owning any business can present challenges and fears, but there are several questions to ask before determining which, if any, franchise opportunities are right for you. That being said, after the tough questions are answered, franchise business ownership could prove to be a very satisfying and profitable venture.