Multi-Unit Franchisee Magazine Issue IV, 2015 | Page 62

BY EDDY GOLDBERG Culture Counts! Y THOSE “INTANGIBLES” ADD UP ou can’t measure the ROI on culture with Google analytics, but savvy franchisees and franchisors alike know that a strong, healthy culture pays dividends. Tangible indicators of this intangible asset include a boost to the bottom line, more satisfied customers, lower employee turnover, and overall system growth. Franchise brands have their own culture, as do multi-unit franchisee companies. We spoke with two multi-unit franchisees and two franchisors (one a former franchisee) about their thoughts on the importance of culture to their success. All you need is love The culture at Hwy 55 Burgers, Shakes & Fries, says COO Neal Dennis, can be boiled down to three words: “Love your neighbor.” And the brand, with 60 franchisees and 118 locations in the U.S., Netherlands, Denmark, Canada, and the United Arab Emirates, has plenty of neighbors—with hundreds more on the way in the next 7 years. “We have gone for 25 years trying to distill it down to exactly a phrase that fits all situations. ‘Love your neighbor’ applies to all. Everybody understands it,” he says. “If you just remember that, you’ll be good. And that’s what we try to teach our kids as they come up through the system.” One indicator that the brand practices what it preaches is the pride Dennis takes in how many former hourly-wage employees at its restaurants have become franchisees. That number now stands at more than 40 since the brand began franchising in 1993. “The way we grew is we brought people up inside the family, teaching them the business and growing them to the point where they were ready to handle a restaurant, from operation