24 Jan How to Build A Solid Employee Base in Your Franchise Business
Employees are the backbone of any business, and contribute towards its success. If you have a great team of dedicated employees, you’ll be able to surpass most of the obstacles in your way. Unfortunately, it’s not easy to build a team of great employees, especially if your business venture is new and doesn’t have an established name. Here are some tips that will help you develop a solid employee base for your franchise business.
#1 Make Your Compensation Package Attractive
Modern employees look for more than the salary when they search for jobs. They want to be a part of something special and make sure they can contribute meaningfully. For most modern employees, job satisfaction includes growth potential, ideals, ethics, challenges, and other such factors. In fact, people might even take a pay cut in the job if the company environment is satisfactory enough. Before you start the recruitment process, create a compensation package that offers a great experience to your potential employees. If they believe in the cause and purpose of your business, they’ll be more likely to work hard for it.
#2 Create an Employee Profile
It’s not easy to determine what your perfect employee would be like and sometimes business owners are surprised by employees that don’t fit the mould but provide great results. Nevertheless, an employee profile can help you streamline the recruitment process and act as a guideline to hire the best applicants. Just make sure that you keep an open mind and don’t look for the perfect fit in every employee. After all, you need a crew with diverse skills to run your ship.
#3 Have A Great Mix of Talents
As mentioned before, you need a crew with diverse skills. Every person on your team should contribute in a meaningful way towards the company. For example, you can’t just have a team of highly creative and impulsive people; you need workhorses who are practical and logical in their thinking. Similarly, you can’t just have go-getters and risk-takers in your team; you need people who’re more flexible, accommodating, and can make compromises. A good fix of personalities and strengths will ensure your team runs smoothly.
#4 Experience and Past Projects
A thorough look at the applicant’s employment history and past projects will help you determine whether the person is the right fit for your team. While experience in the franchise business industry will be beneficial, you can look at other industries to find employees with different perspectives. Sometimes you need that different perspective to grow as a company and come up with unique ideas.
#5 Create a Nurturing Culture
Once you have employed the best people you can, you need to tap into your potential. The only way to do that is to create the right working conditions for your employees. A company culture that encourages creativity, rewards successes, and helps with growth and development will get the most out of employees. You won’t always find people with the perfect fit for your franchise business during the recruitment process.
You need to train and help them to become the best possible fit for your venture, after you hire them. That’s the only way to build a solid employee base in your franchise business. Building an employee base requires some trial and error but if you take the right steps, you’ll have a great team standing behind you.
If you want to know more about more about finding good employees or want some advice, feel free to get in touch with us at The Franchise Institute. You can call us on 1300 855 435 or fill in this contact us form and we’ll reply as soon as we can.
Thanks for reading,
The Franchise Institute Team
1300 855 435