Jerry Akers shares some insights into how he developed his multi-unit, multi-brand franchise business into a people centric business model.
Typically, business owners argue that doing so restricts profits and slows growth. Fortunately, that's simply not the case, if it's done right.
Key takeaways from our podcast include:
- Investing in people increases retention of the right employees
- Sometimes, providing growth opportunities is more valuable than income changes
- When you take care of your people, they will take care of your (great example post-covid comeback)
- Leaders must be visible and should show their investment in their people in more ways than just $$
- Creating a good people-centric business model can help you double revenues
Jerry owns many Great Clips franchise locations in the Midwest, and he's involved in The Joint Chiropractic. He has been a franchise owner for 17 years, is a best-selling author, and is an incredible business owner.
Franchise Advisory Board | Expert Franchising Advice for Franchise Leaders