Multi-Unit Franchisee Magazine Issue III, 2013 | Page 50

2013 MVP MANAGEMENT Business philosophy/management style: We establish parameters for our leaders, and let them use their creativity and initiative to accomplish our goals within those parameters. Greatest challenge: We are in a very strong development phase right now, so time management between development and operations is a particular challenge at the moment. How I give my team room to innovate and experiment: It starts with us leading by example in trying new things and being innovative, and we encourage our team to do the same. We highlight, celebrate, and learn from innovative mistakes. How close are you to operations? Very. What do you rely on/expect from your franchisor? We expect our franchisor to be a partner with us so we can grow our business and grow the brand. What do you need from vendors? Timely delivery, consistent products and service. How is social media affecting your business? Positively. As long as you provide a great product and superior service, word will spread. How do you hire and fire? We hire people based on a good attitude and a willingness to work as part of a team. Employees with a poor attitude or who cannot be relied upon are counseled. The employees themselves normally discover they are not a good fit for our business and move on. Fastest way in my doghouse: Tell me you are going to do something and then don’t follow through. sees. On one occasion, Kevin, a pilot, loaded up his plane and flew supplies to a new Alabama store because sales volumes more than doubled projections and the distributor couldn’t restock quickly enough. Without Wilkerson’s help, the store would have had to close. “That was fun,” he recalls. “I had the capacity and the time. He would have done it for me had the tables been turned.” Wilkerson sees franchising as a great opportunity for other vets. “My best advice would be to throw the net wide and think more broadly in terms of what the business is. It’s not just about selling pizza. It’s about building a multi-unit, scalable business that you can take to any level.” BOTTOM LINE Annual revenue: Approximately $8 million 2013 goals: We have doubled the number of units in our territory every year since 2010. We plan to double again this year. Additionally, we are focused on increasing same-store sales over the past year. Growth meter: How do you measure your growth? Development of our people, same-store sales, and number of units in our territory. Vision meter: Where do you want to be in 5 years? 10 years? In 5 years, have our territory completely developed. In 10 years, we hope to have purchased another Marco’s territory and be developing it. How do you forecast for your business? We look at a couple of different layers. On one hand, how many stores will we build next year in our territory personally and as a group? What are sales and stretch goals? Certainly we also look at same-store sales, trying to forecast based on realistic but stretched goals. In store development, so far we’ve doubled the number of stores every year since we started. We’ll go from 9 to 18 this year, but that’s getting tougher every year. Where do you find capital for growth/expansion? We have funded 48 Multi-Unit Franchisee Is s ue III, 2013 internally or taken advantage of SBA conventional loan programs. What are you doing to take care of your employees? It starts with providing a positive work environment. We try