Franchise Update Magazine Issue I, 2012 | Page 13

businesses in the world. This means helping business owners maximize their profitability and return on marketing investment with trackable and measurable marketing programs. How has the economy changed your goals for your company? Both posi- tively and negatively. Positively, the downturn has encouraged us to take a closer look at our business model and value proposition. Because of this, we have evolved our brand and service offerings to be more relevant to our customers. We are shifting from being a print service provider to being a business and marketing communications provider. Also, we have seen a number of independent printers looking to become a part of our brand because of the systems and procedures we have to encourage success. Many independent printers have seen business decline drastically in recent years. By joining AlphaGraphics, they adopt systems and procedures that help maximize profitability and success. Because of this, we have added a number of what we call “conversions” to our system. Negatively, we have seen many candidates for new start-up AlphaGraphics centers struggle to get financing. Indi- viduals who used to be very bankable are now getting turned down by banks. That makes growing the brand a challenge. Luckily, we’ve always prided ourselves on having top-tier franchisees, and these challenges haven’t affected us as heavily as they have others in our space.   history of small business and franchising. We’re in the middle of this process, but I am confident that our journey will result in unbelievable success and will be the defining moment for AlphaGraphics and myself. Where can capital be found these days? Finding capital can be a chal- speed required to build and grow an industry-leading brand without making some mistakes. Regrets only come when you make the same mistake twice.   lenge these days. We’ve experienced it firsthand while working with lenders on financing packages for potential franchisees. Thankfully, we have a proven business model with sound operating procedures, and that’s what lenders want to see. The money is out there, you just have to work harder to get it. How do you measure success? We have a strategic roadmap that our company lives by. While it is a living strategy that is frequently updated, it has specific goals and milestones that must be reached at specific dates. We define success by our ability to reach the goals and milestones spelled out in that document. What has been your greatest success? As mentioned earlier, AlphaGraphics is in the process of authoring one of the greatest transitions of a brand in the Any regrets? You can’t move at the What can we expect from your company in the next 12 to 18 months? It will be an exciting time at AlphaGraphics. The launch of our new branding will position us much differently in the marketplace. With an expanded service offering, our franchisees are no longer having conversations about paper color and quantity; we’re now having conversations about business growth and profitability. We’re being seen as a strategic partner in our customers’ eyes. In 12 to 18 months, we’re going to be even closer to reaching our vision of being the leading provider of business and marketing communications services to small and medium-sized businesses. Check back with us, or better yet, hop on board—it’s going to be a wild ride! n Franchiseupdate I ssue I , 2012  11