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When you buy
a franchise, whether it offers hamburgers, cell phones or custom
wheels, you're buying an image.
The relationship between a
franchisor and franchisee is unique, seeking to blend the
advantages of corporate America with the independent spirit of
the entrepreneur. The most successful franchisors are the ones
that focus, not on selling franchises, but creating successful
independent franchisees through a win-win business relationship.
When you buy a franchise, whether it offers hamburgers, cell
phones or custom wheels, you're buying an image. And image is
everything according to Jim Taylor, Vice President of Operations
for RNG, LLC, franchisor of
Rent'N
Go custom wheels and tires.
"A positive image and reputation is most important to the future
of our company. Without a solid image and good reputation, we
really have nothing. We want our franchisees, employees,
suppliers, investors, etc. to be proud to say they are involved
with RNG. Focusing on positive qualities, and monitoring
performance in line with those qualities, will go a long way
toward building and maintaining solid win-win business
relationships," continues Taylor.
"The franchise agreement is the foundation for RNG's business
relationship philosophy and the starting point for a cooperative
enterprise between RNG and the stakeholders of its growing chain
of franchises. It serves as the fundamental guide that defines
the roles played by each participant; clearly stating the
distinct and mutual responsibilities and obligations of the
Franchisee versus the Franchisor. As the relationship progresses
and additional agreements are made, these too must be structured
as win-win for each participant. This requires constant
monitoring for continuous improvement, as well as communicating
openly and regularly on all relevant issues. The air must be
totally clear."
"It simply boils down to doing what you say you will do. At RNG,
we make that commitment to each of our stakeholders, and
particularly to our franchisees," concludes Taylor.
For
additional information about franchising, contact Pat Terhune,
RNG, LLC at: 888 440 0050 or
pterhune@rent-n-go.com.
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