Our Pizza Franchise for Sale and Setting and Measuring Growth Goals

Any business owner will tell you that identifying and setting growth goals is critical to success, and as a Happy Joe’s franchise owner, you'll certainly want to do so. A Happy Joe’s pizza franchise for sale comes with plenty of perks that will help you establish your business, but it’s important to set growth goals as your way of measuring success and focusing on the big picture. Tracking your growth as a business owner isn’t just good for your bottom line - it’s critical to staying responsive to your community’s needs, and one of the best ways to do so is to use KPIs, or key performance indicators.

Identifying Your Business Goals

Creating a smart KPI strategy starts with establishing your goals - and that can be done by being SMART about it. SMART stands for:

• Specific: Well-defined goals will be easier to measure over a finite amount of time. The more specific you are, the easier it is to track progress and determine success.
• Measurable: Goals that are hard to quantify, like brand awareness or customer satisfaction, will be more difficult to measure than hard numbers like sales, clicks, inquiries, and more.
• Attainable: You want to reach your goals, not constantly strive for them, so it’s important to focus on those that are actually attainable. You can think bigger down the line if you want.
• Realistic: Yes, you want attainable goals, but they also need to be realistic, and that will depend on circumstances, resources, outside influences, and more. Your Happy Joe’s restaurant won’t operate in a vacuum and may be affected by factors you can’t always control.
• Time-bound: Set deadlines for when you want to hit your marks and be as specific as possible. A deadline for every goal is essential because it not only helps you measure growth but also holds anyone responsible for it accountable.

Knowing exactly what you want to achieve and when will be the first step in developing an effective and realistic KPI strategy.

Creating Your Strategy

KPIs are important because they measure the success of projects, processes, and campaigns over time, allowing you to keep business objectives front and center. Setting and tracking KPIs helps you determine exact numbers and provides a clear understanding of how well your Happy Joe’s pizza franchise places are reaching their best customers.

Creating a KPI strategy starts with identifying what you want to track and measure. It’s crucial to narrow that down because depending on what kind of business you run or what industry you’re in, your KPIs will differ. 

Additionally, KPIs can be categorized by what they measure. For example, process KPIs track how well a new process is working. Directional KPIs track overall company performance. Input KPIs track what resources a business needs for a particular project or process to be successful.

Below are a few KPIs you might find useful as a Happy Joe’s franchisee: 

• Customer growth: What percentage of guest growth do you see monthly? What is your target number? You can use revenue over a set period to help gauge client growth.
• Customer service: How quickly do you respond to customer feedback? How do you address problems or issues? How do you handle special requests? You can use client reviews or surveys to gauge this KPI.
• Brand awareness: How many people know about your franchise? How do they find you? Among other ways, you can track your social media platforms and/or website to measure this KPI.

The Benefits of Measuring KPIs 

The benefits of identifying and tracking KPIs go beyond enabling overall growth. They can allow you to set benchmarks, which can help your Happy Joe’s franchise scale and refine processes. Other valuable benefits of utilizing KPIs include:

• Better communication: Monitoring KPIs can provide insight that helps people understand your growth goals, ultimately enhancing team communication.
• Better productivity: Keeping a pulse on KPIs can help you set actionable goals that will motivate staff, which, in turn, can increase productivity.
• Better innovation: Tracking KPIs lets you and your team spot trends or patterns that you otherwise might not notice, allowing you the potential to improve innovation and build brand awareness. 

Our Business Model Makes Things Easier

At Happy Joe’s, we know how important it is to have a handle on processes and procedures - the very activities that KPIs are meant to track and measure. That’s why our pizza franchise opportunity gets you immediate access to our proven business model. It’s been refined over decades to include answers to just about every question regarding day-to-day operations, including what marketing strategies to use and when, what to look for in great employees, how to engage with your community, and much more. You’ll also have 24/7 access to our proprietary Operations Manual that goes over our processes and procedures in detail so you can always feel confident in your ability to meet the challenges and rewards of franchise ownership. With us by your side, you’ll be in business for yourself, never by yourself!

Happy Joe’s pizza franchises for sale will put you in the middle of a robust industry with plenty of our support. To begin your franchise journey, reach out today!