SlideShare una empresa de Scribd logo
1 de 5
Descargar para leer sin conexión
Five Pennies: Ten Rules to Successfully Build a Franchise Mega-Brand and
                                          Maximize System Profits

                                                           “Franchisee profitability is the most important mission of the franchisor!”
                                                           - Fred DeLuca, President and Co-Founder, SUBWAY® Restaurants


                                          “This book will be an important piece of work for anyone who intends to make a
                                          living in the franchise community!”
                                          - Sid Feltenstein, CFE, Past CEO & Chairman, A&W® and Long John Silver’s®


                                                    “I can only say, that I certainly wish that I had an easy to read book like this when I was
                                                    starting out - it would have eliminated some head, heart, and financial aches!”
                                                    Mary Ellen Sheets, Founder, Two Men and a Truck®


                                          “Lonnie has captured the true keys for franchising success. It is easy-to-read with
                                          great examples of BOTH the right way and the wrong way to grow a strong fran-
                                          chise brand. Poised to become the new textbook for franchisors, Five Pennies is a
                                          must-read!”
                                          - Jeff Bevis, President & CEO FirstLight Home Care®

                                          The Book
                                          Five Pennies is "THE FIELD MANUAL" for Building and Growing a Franchise Brand With the
                                          Right Mindset and Tools!

                                          This Book Contains over 120 Tools to Build, Grow and Manage a National Franchise Brand!
Lonnie Helgerson, CFE
CEO, Author, Speaker, & Serial            Featuring Examples of 20 "Best of Class" Franchise Brands to Learn From - and 10 "Franchise
Frantrepreneur!                           Mega-Wrecks" to Avoid!

With over 27 years in the franchise       Learn About:
industry working with companies            Creating and Growing Sustainable Unit Profitability
such as Super 8 Motels and                 Managing Franchise System Relations
Ident-A-Kid. He is recognized as the       Staying Ahead of Your Growth Rate
pioneer in the technology franchise
                                           Enhancing System Profits With Continued Education
sector as the founder of Computer
Doctor, the first franchise of its kind
                                           Turning Your System Into a "Best Practices" Machine
- in addition to founding six other        How to Recruit Franchise Buyer 2.0 and Maximizing Their Results
franchise brands. Currently he is          Structuring Layered Franchise Support and Marketing
the CEO of Helgerson Franchise             Developing Macro-Level Programs for System Growth
Group a platform company that              Utilizing Technology to Grow and Manage a Brand
owns and operates franchise                Resource Management for a Growing System
brands. He is a frequent speaker
and facilitator for the International     "All men can see these tactics whereby I conquer, but what none can see is the strategy out of
Franchise Association, Franchisor         which victory is evolved." - Sun Tzu, The Art of War, 5th Century BC
Association of Florida and many
                                          This is Sun Tzu for Franchising
other various franchise and busi-
ness seminars.
                                          Every year tens of thousands of new franchisees open their doors for business and look to fulfill
                                          the American dream of success, and every year hundreds of new franchise companies announce
                                          their plans to be the next McDonald’s®, SUBWAY® Restaurants, Marriott®, RE/MAX®, or Great
Contact Details:                          Clips® and fail to reach that goal. Why?
Lonnie Helgerson, CFE
                                          Beyond the initial legal work, basic operations manual, some training and a fancy logo to get
727-455-0056 Direct                       started, what does it really take to be a successful franchise brand?
lonnie@helgersonfranchisegroup.com



                                                                            FranchiseMegaBrand.com
To start, let me put you in the right mindset.

                                     Having a rapidly growing franchise company does not generate wealth and success. A franchi-
                                     sor’s wealth and success are by-products of having wealthy and successful franchisees.

                                     Learn the ten success secrets of America's greatest franchise brands on how to strategically grow
                                     your company into a franchise Mega-Brand. If you like Good to Great by Jim Collins - this book
                                     translates to "Good is never good enough, but Mega is great and sustainable." Franchise Mega-
                                     Brands continuously seek to excel to greatness. Throughout the book - don't miss the franchise
                                     Mega-Brand "Best of Class" examples that illustrate these Road Rules for successful franchising.


                                                “Franchising is badly in need of information that works, that makes sense, which can
                                                guide us through these times of change in our industry. Best practices that teach us
                                                how to work—and also inspire us to understand why we work. Lonnie has done that
                                                with Five Pennies.”
                                                - Ken Hutcheson, CFE, CEO, U.S. Lawns®

                                     “I have been in franchising since 1979. If I had been given a book like this back
                                     then, I could have shortened the learning curve. The book is an easy read with
                                     thought provoking ideas and great suggestions that can change an existing fran-
                                     chise system or quick start a new Franchisor.”
                                     - Mark J Johnson, CFE, CEO, Granite Transformations®

                                                      "There are a handful of disciplines necessary to drive any successful business and
                                                      a critical discipline that is unique to the mega-franchise business. Five Pennies get
                                                      right to the point, sharing this #1 "franchise fact" upfront and outlining the other
                                                      important keys to building a thriving franchise."
                                     - Verne Harnish, Best Selling Author, Mastering the Rockefeller Habits & The Greatest Business
                                     Decisions of All Time and Fortune Magazine Growth & Leadership Summit facilitator and
                                     columnist

                                     “If you’re serious about building a successful national brand, Five Pennies is an
                                     absolute must read! I highly recommend it as training material for all manage-
                                     ment and staff members - as the time spent reading this book is the best in-
                                     vestment anyone working in franchising can make in their on-going education
                                     and their business.”
                                     - Ron Berger, CFE, Chairman and CEO of Figaro’s Pizza®, Pizza Schmizza®,
                                     Nick’N’Willy’s® & Sargo’s Subs®

                                                  “Five Pennies is THE field manual for building and growing a franchise brand with
                                                  the right mindset and tools! Lonnie’s knowledge and information can be applied to
                                                  any franchise brand at any time for almost immediate results.”
                                                  - Dan Monaghan, CFE, Director, Franchise Capital Corporation, and Co-Founder,
                                                  WSI Internet Consulting

                                     “This book, with its considerable franchise related wisdom broken down in easy to read
                                     – as well as entertaining – “rules,” promises to become a “go to” book for those starting
                                     out in franchising!”
Contact Details:                     - Rosemarie Hartnett, CFE, President & Co-Founder, Abrakadoodle®
Lonnie Helgerson, CFE
727-455-0056 Direct
lonnie@helgersonfranchisegroup.com
                                          Definition
                                                  Franchise Mega-Brand
                                                  - A franchise system that excels to greatness with a profitable and sustainable fran-
                                                  chisee business model.




                                                                         FranchiseMegaBrand.com
Franchise Brands and Companies Featured in Five Pennies

                                        7-Eleven
                                        SUBWAY Restaurants
                                        Service Brands International
                                               Mr. Handyman
                                               Molly Maid
                                               ProTect Painters
                                               1-800 DryClean
                                        Sid Feltenstein - Previously Long John Silver’s and A&W
                                        Kinderdance
                                        Great Clips
                                        FirstLight Home Care
                                        Figaro’s Pizza
                                        Pizza Schmizza
                                        Johnny Rockets
                                        Abrakadoodle
                                        Two Men and a Truck
                                        P&G/Agile Pursuits Franchising
                                               Mr. Clean Car Wash
                                               Tide Dry Cleaners
                                        U.S. Lawns
                                        Dwyer Group
                                               Mr. Rooter
                                               Mr. Electric
                                               Glass Doctor
                                               Rainbow International
                                               Mr. Appliance
                                               Aire Serv
                                               The Grounds Guys
                                        Roark Capital
                                               Arby’s
                                               Corner Bakery Cafe
                                               Carvel
                                               Seattle’s Best
                                               Cinnabon
                                               Schlotsky’s
                                               Moe’s
                                               Auntie Anne’s
                                               Batteries Plus
                                               FASTSIGNS
                                               McAlister’s Deli
                                               Money Mailer
                                               Primrose Schools
                                               Pet Valu
                                               Bosley’s
                                               Wingstop
Contact Details:                        PostNet
Lonnie Helgerson, CFE                   BrightStar Healthcare
727-455-0056 Direct                     McDonald’s
lonnie@helgersonfranchisegroup.com      Super 8 Motel’s
                                        FRANdata
                                        Expetec
                                        Computer Doctor
                                        Ident-A-Kid
                                        Marriott
                                        RE/MAX


                                                              FranchiseMegaBrand.com
Table of Contents

                                     Acknowledgements

                                     Introduction

                                     Rule No. 1 - Tee up your franchisees for mega-success, not failure!

                                     Rule No. 2 – Franchising is a mega-relationship business!

                                     Rule No. 3 – Franchising is not a drag race, it is more like the 24 hours of Daytona

                                     Rule No. 4 – Do not have an accountant remove a brain tumor!

                                     Rule No. 5 - Plant, cultivate, and harvest system best practices

                                     Rule No. 6 - Stack the “entire” deck with strong franchise owners

                                     Rule No. 7 - Focus on where the rubber hits the racetrack

                                     Rule No. 8 - Create partners in growth

                                     Rule No. 9 - Manage your system like NASA would

                                     Rule No. 10 – Manage resources and understand the financial requirements to grow a franchise
                                     Mega-Brand

                                     Ten Rules Pocket Summary

                                     Selected Bibliography

                                     About the Author

                                     Index




                                     A Few More Endorsements

                                     “Great read for anyone in the franchising business. It is clear, concise, and accurate of how to do
                                     build your brand the right way. Should be a mandatory read for everyone in the industry.”
                                     - Ron Randolph -Dewcor

                                     “Five Pennies should be on everyone's read list who is thinking about franchising their business...
                                     Set the expectations right from the start and you will achieve long term success... Thanks for giv-
                                     ing back to the industry!”
                                     - Paul Wolbert, CFE, Vice President, U.S. Lawns®

                                     "Why anyone would think of starting a franchise without getting the best help available is beyond
Contact Details:                     me. Why anyone would even consider thinking about it without reading Five Pennies, is simply
Lonnie Helgerson, CFE                INSANE!"
727-455-0056 Direct                   - Daniel Durney, CFE, Regional Franchise Development Expert
lonnie@helgersonfranchisegroup.com




                                                                       FranchiseMegaBrand.com

Más contenido relacionado

Último

Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...pradhanghanshyam7136
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxPooja Bhuva
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxJisc
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structuredhanjurrannsibayan2
 
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...Pooja Bhuva
 
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...Nguyen Thanh Tu Collection
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.MaryamAhmad92
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfDr Vijay Vishwakarma
 
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Amil baba
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024Elizabeth Walsh
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxPooja Bhuva
 
Plant propagation: Sexual and Asexual propapagation.pptx
Plant propagation: Sexual and Asexual propapagation.pptxPlant propagation: Sexual and Asexual propapagation.pptx
Plant propagation: Sexual and Asexual propapagation.pptxUmeshTimilsina1
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxAreebaZafar22
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the ClassroomPooky Knightsmith
 
Google Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxGoogle Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxDr. Sarita Anand
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.christianmathematics
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17Celine George
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxRamakrishna Reddy Bijjam
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Jisc
 

Último (20)

Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptx
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structure
 
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
 
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
 
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
Plant propagation: Sexual and Asexual propapagation.pptx
Plant propagation: Sexual and Asexual propapagation.pptxPlant propagation: Sexual and Asexual propapagation.pptx
Plant propagation: Sexual and Asexual propapagation.pptx
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
Google Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptxGoogle Gemini An AI Revolution in Education.pptx
Google Gemini An AI Revolution in Education.pptx
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)
 

Destacado

PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at WorkGetSmarter
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...DevGAMM Conference
 
Barbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationBarbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationErica Santiago
 

Destacado (20)

PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 
ChatGPT webinar slides
ChatGPT webinar slidesChatGPT webinar slides
ChatGPT webinar slides
 
More than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike RoutesMore than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike Routes
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
 
Barbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationBarbie - Brand Strategy Presentation
Barbie - Brand Strategy Presentation
 

Five Pennies: Ten Rules to Successfully Build a Franchise Mega-Brand and Maximize System Profits

  • 1.
  • 2. Five Pennies: Ten Rules to Successfully Build a Franchise Mega-Brand and Maximize System Profits “Franchisee profitability is the most important mission of the franchisor!” - Fred DeLuca, President and Co-Founder, SUBWAY® Restaurants “This book will be an important piece of work for anyone who intends to make a living in the franchise community!” - Sid Feltenstein, CFE, Past CEO & Chairman, A&W® and Long John Silver’s® “I can only say, that I certainly wish that I had an easy to read book like this when I was starting out - it would have eliminated some head, heart, and financial aches!” Mary Ellen Sheets, Founder, Two Men and a Truck® “Lonnie has captured the true keys for franchising success. It is easy-to-read with great examples of BOTH the right way and the wrong way to grow a strong fran- chise brand. Poised to become the new textbook for franchisors, Five Pennies is a must-read!” - Jeff Bevis, President & CEO FirstLight Home Care® The Book Five Pennies is "THE FIELD MANUAL" for Building and Growing a Franchise Brand With the Right Mindset and Tools! This Book Contains over 120 Tools to Build, Grow and Manage a National Franchise Brand! Lonnie Helgerson, CFE CEO, Author, Speaker, & Serial Featuring Examples of 20 "Best of Class" Franchise Brands to Learn From - and 10 "Franchise Frantrepreneur! Mega-Wrecks" to Avoid! With over 27 years in the franchise Learn About: industry working with companies  Creating and Growing Sustainable Unit Profitability such as Super 8 Motels and  Managing Franchise System Relations Ident-A-Kid. He is recognized as the  Staying Ahead of Your Growth Rate pioneer in the technology franchise  Enhancing System Profits With Continued Education sector as the founder of Computer Doctor, the first franchise of its kind  Turning Your System Into a "Best Practices" Machine - in addition to founding six other  How to Recruit Franchise Buyer 2.0 and Maximizing Their Results franchise brands. Currently he is  Structuring Layered Franchise Support and Marketing the CEO of Helgerson Franchise  Developing Macro-Level Programs for System Growth Group a platform company that  Utilizing Technology to Grow and Manage a Brand owns and operates franchise  Resource Management for a Growing System brands. He is a frequent speaker and facilitator for the International "All men can see these tactics whereby I conquer, but what none can see is the strategy out of Franchise Association, Franchisor which victory is evolved." - Sun Tzu, The Art of War, 5th Century BC Association of Florida and many This is Sun Tzu for Franchising other various franchise and busi- ness seminars. Every year tens of thousands of new franchisees open their doors for business and look to fulfill the American dream of success, and every year hundreds of new franchise companies announce their plans to be the next McDonald’s®, SUBWAY® Restaurants, Marriott®, RE/MAX®, or Great Contact Details: Clips® and fail to reach that goal. Why? Lonnie Helgerson, CFE Beyond the initial legal work, basic operations manual, some training and a fancy logo to get 727-455-0056 Direct started, what does it really take to be a successful franchise brand? lonnie@helgersonfranchisegroup.com FranchiseMegaBrand.com
  • 3. To start, let me put you in the right mindset. Having a rapidly growing franchise company does not generate wealth and success. A franchi- sor’s wealth and success are by-products of having wealthy and successful franchisees. Learn the ten success secrets of America's greatest franchise brands on how to strategically grow your company into a franchise Mega-Brand. If you like Good to Great by Jim Collins - this book translates to "Good is never good enough, but Mega is great and sustainable." Franchise Mega- Brands continuously seek to excel to greatness. Throughout the book - don't miss the franchise Mega-Brand "Best of Class" examples that illustrate these Road Rules for successful franchising. “Franchising is badly in need of information that works, that makes sense, which can guide us through these times of change in our industry. Best practices that teach us how to work—and also inspire us to understand why we work. Lonnie has done that with Five Pennies.” - Ken Hutcheson, CFE, CEO, U.S. Lawns® “I have been in franchising since 1979. If I had been given a book like this back then, I could have shortened the learning curve. The book is an easy read with thought provoking ideas and great suggestions that can change an existing fran- chise system or quick start a new Franchisor.” - Mark J Johnson, CFE, CEO, Granite Transformations® "There are a handful of disciplines necessary to drive any successful business and a critical discipline that is unique to the mega-franchise business. Five Pennies get right to the point, sharing this #1 "franchise fact" upfront and outlining the other important keys to building a thriving franchise." - Verne Harnish, Best Selling Author, Mastering the Rockefeller Habits & The Greatest Business Decisions of All Time and Fortune Magazine Growth & Leadership Summit facilitator and columnist “If you’re serious about building a successful national brand, Five Pennies is an absolute must read! I highly recommend it as training material for all manage- ment and staff members - as the time spent reading this book is the best in- vestment anyone working in franchising can make in their on-going education and their business.” - Ron Berger, CFE, Chairman and CEO of Figaro’s Pizza®, Pizza Schmizza®, Nick’N’Willy’s® & Sargo’s Subs® “Five Pennies is THE field manual for building and growing a franchise brand with the right mindset and tools! Lonnie’s knowledge and information can be applied to any franchise brand at any time for almost immediate results.” - Dan Monaghan, CFE, Director, Franchise Capital Corporation, and Co-Founder, WSI Internet Consulting “This book, with its considerable franchise related wisdom broken down in easy to read – as well as entertaining – “rules,” promises to become a “go to” book for those starting out in franchising!” Contact Details: - Rosemarie Hartnett, CFE, President & Co-Founder, Abrakadoodle® Lonnie Helgerson, CFE 727-455-0056 Direct lonnie@helgersonfranchisegroup.com Definition Franchise Mega-Brand - A franchise system that excels to greatness with a profitable and sustainable fran- chisee business model. FranchiseMegaBrand.com
  • 4. Franchise Brands and Companies Featured in Five Pennies  7-Eleven  SUBWAY Restaurants  Service Brands International  Mr. Handyman  Molly Maid  ProTect Painters  1-800 DryClean  Sid Feltenstein - Previously Long John Silver’s and A&W  Kinderdance  Great Clips  FirstLight Home Care  Figaro’s Pizza  Pizza Schmizza  Johnny Rockets  Abrakadoodle  Two Men and a Truck  P&G/Agile Pursuits Franchising  Mr. Clean Car Wash  Tide Dry Cleaners  U.S. Lawns  Dwyer Group  Mr. Rooter  Mr. Electric  Glass Doctor  Rainbow International  Mr. Appliance  Aire Serv  The Grounds Guys  Roark Capital  Arby’s  Corner Bakery Cafe  Carvel  Seattle’s Best  Cinnabon  Schlotsky’s  Moe’s  Auntie Anne’s  Batteries Plus  FASTSIGNS  McAlister’s Deli  Money Mailer  Primrose Schools  Pet Valu  Bosley’s  Wingstop Contact Details:  PostNet Lonnie Helgerson, CFE  BrightStar Healthcare 727-455-0056 Direct  McDonald’s lonnie@helgersonfranchisegroup.com  Super 8 Motel’s  FRANdata  Expetec  Computer Doctor  Ident-A-Kid  Marriott  RE/MAX FranchiseMegaBrand.com
  • 5. Table of Contents Acknowledgements Introduction Rule No. 1 - Tee up your franchisees for mega-success, not failure! Rule No. 2 – Franchising is a mega-relationship business! Rule No. 3 – Franchising is not a drag race, it is more like the 24 hours of Daytona Rule No. 4 – Do not have an accountant remove a brain tumor! Rule No. 5 - Plant, cultivate, and harvest system best practices Rule No. 6 - Stack the “entire” deck with strong franchise owners Rule No. 7 - Focus on where the rubber hits the racetrack Rule No. 8 - Create partners in growth Rule No. 9 - Manage your system like NASA would Rule No. 10 – Manage resources and understand the financial requirements to grow a franchise Mega-Brand Ten Rules Pocket Summary Selected Bibliography About the Author Index A Few More Endorsements “Great read for anyone in the franchising business. It is clear, concise, and accurate of how to do build your brand the right way. Should be a mandatory read for everyone in the industry.” - Ron Randolph -Dewcor “Five Pennies should be on everyone's read list who is thinking about franchising their business... Set the expectations right from the start and you will achieve long term success... Thanks for giv- ing back to the industry!” - Paul Wolbert, CFE, Vice President, U.S. Lawns® "Why anyone would think of starting a franchise without getting the best help available is beyond Contact Details: me. Why anyone would even consider thinking about it without reading Five Pennies, is simply Lonnie Helgerson, CFE INSANE!" 727-455-0056 Direct - Daniel Durney, CFE, Regional Franchise Development Expert lonnie@helgersonfranchisegroup.com FranchiseMegaBrand.com