Franchise Update Magazine Issue II, 2012 | Page 42

Grow Market Lead THINK FAST! our website so that they Jersey Mike’s has also have all the information developed a recruitment they need to fully undersystem that’s strong on stand the agreement. We speed, efficiency, and good do this because we know communication, accordthe only surprises people ing to Sommers. “Most of like are birthday parties.” our prospects are already This phase of the prowell informed and have cess can be completed as done some due diligence. quickly as in a few days, They’ve already been he says, depending on how into our stores and have responsive a prospect is in Debbie Shwetz checked out the website,” filling out forms and prohe says. “As soon as they viding financials. “At the fill out our first form, our prequalifica- same time, we’re very selective. We’re tion representative contacts them. Our looking to protect our brand.” rule of thumb is that the contact takes Prospects who pass muster with the place in under 24 hours.” In most cases, vice president of development he says, it’s within one to three hours. In addition to working with prospects to complete applications and financials, the sales rep begins screening each one for the Jersey Mike’s culture. “The reason our system works so well is that we’re all on the same page here. The prequalification guys are looking for the same things the development VPs, area developers, and CEO are looking for,” says Sommers. “In addition to having —Marc Kiekenapp the capital and business experience, prospects have to be passionate about our brand—and they have to be aligned with our core values, which include giving back and and area developer are then placed in a making a difference in people’s lives.” store to give them a better idea of what After a complete application with fi- a day at Jersey Mike’s is really like. “At nancials is in the hands of this point, it’s a two-way the franchisor, prospects street. They’re evaluating meet with a development us, and we get to evaluvice president and then an ate them to see if they’re