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When Emily Elwell started answering phones at Domino’s in college, she figured she would stick around just long enough to get enough money to buy her family Christmas presents.
“And then I’m gonna quit, because who works at Domino’s their whole life?” Elwell told Business Insider.
But Elwell stuck around for nine more years, climbing her way up to become a shift manager, then an area supervisor, bouncing from one managing position at Missouri Domino’s to another as it fit her life. She met her husband Dan, who was helping run another nearby Domino’s, at a corporate event. The whole time, she never thought of it as a career.
On Christmas day of 2009, Dan had to leave Elwell at home with their infant son to help open the location he worked at.
“We’ve to do something,” Elwell recalls her husband telling her. “We can’t continue to have these types of Christmases.” She decided it was time to stop working at Domino’s and start owning one.
The Elwells shared their tips with Business Inisider on how to grow and run a multi-state franchise empire.
Raise money from your personal network to fund your first purchase
Like other chains, Domino’s requires potential franchise owners to have a certain amount of liquid capital available in addition to the franchise fee. The Elwells only were $10,000 short.
“We started making phone calls to friends and family,” Elwell said. “And by the end of the day, we had raised the $10,000.”
Their success snowballed. Since purchasing their first franchise in Webb City, Missouri, in July 2010, they’ve addded about a store a year. They now own 11 locations across Missouri, Oklahoma, Kansas, and Missouri, with more on the way.
“We have a saying inside our brand that we’re not normal,” Elwell said. “We have pizza sauce in our veins.”
The Elwells would like to reach 15 locations in the next five years, though the exact number is not important.
“We’re more interested in, do they run correctly? Do they operate well?” Elwell said. “So if we can operate 50 stores really, really well, then we’ll operate 50 stores really, really well.”
Promote from within
Running as many stores as the Elwells do requires a lot of trust in their managers. They’ve found that the best way to find exceptional talent is to promote from within.
“We don’t have a lot of success with outside management candidates,” Elwell said. “We’re not normal. This job isn’t for everyone.”
Working at Domino’s is physically and mentally taxing, they said. Promoting from within works well because it ensures that workers already know and like the work. And it proves to other workers that working at Domino’s isn’t a dead-end job.
“It makes it more real to our other managers that are coming up through the system, or maybe that driver who’s considering management but isn’t sure that there is a future with Domino’s,” Elwell said.
The best places to open a new business may not be where you think
The Elwells avoid expanding into dense urban areas, despite the large pool of potential customers.
The biggest city …read more
Source:: Business Insider