Conversion franchising helps fuel profits by giving business owners the security they need to drive growth and fulfill their goals.
Current events are creating unique challenges for the more than 32.5 million small-business owners in the United States. While business owners are slowly putting the pandemic behind them, unprecedented labor shortages and supply chain concerns are hampering growth.
Many employees took time during the pandemic to focus on the trajectories of their careers, and many decided it was time to make a change. Dubbed the Great Resignation, at least 4.4 million people, or 3 percent of the nation’s workforce, quit their jobs in September, leaving 10.4 million jobs empty and forcing employers to compete for quality talent. Jobless claims fell to the lowest level since the outbreak of the pandemic. Only 268,000 people filed for unemployment for the week ending November 13, the U.S. Department of Labor reported. Small-business owners are tackling shortages by adding employee incentives, like hiring bonuses, retirement benefits, education incentives, as well as higher starting salaries.
In addition to hiring challenges, small businesses are also busy grappling with supply chain disruptions that began during the pandemic. Factory shutdowns and lockdowns increased delivery times and costs, which is putting a damper on recovery, the International Monetary Fund reported. Ports are at capacity as a truck driver shortage continues to impact the delivery of goods in the United States.
Moran Helps Auto Repair Shops Attain Next Level
If current events are hampering the growth of your startup business, converting to a franchise may be the key to success. Moran Family of Brands has more than 20 years of experience helping business owners thrive in the aftermarket auto industry. As the age of new cars on the road continues to rise, the demand for auto repair abounds.
Whether you have a passion for cars or simply a drive to pursue a career in an essential industry, the aftermarket auto industry is ripe with opportunity. Having a partner to help provide the tools, training, and support you need to succeed can make a big difference to your bottom line. If entrepreneurship is not providing you with the work-life balance and financial freedom you anticipated, pursuing conversion franchising with Moran can ensure your business profits.
Moran makes it a priority to help its franchisees succeed by making a difference in their local communities. Here are just a few of the advantages of considering conversion franchising.
Trusted Brands. Moran Family of Brands is one of the nation’s leading franchisors of general automotive repair, transmission repair, and window tint services. The company operates six different brands, including Mr. Transmission, Milex Complete Auto Care, and Turbo Tint. As a franchise conversion, you will have the rights to utilize our highly recognized trademarks and marketing programs. Establishing trust is key to running a successful auto repair business, and having the backing of a brand with a proven track record can help you add loyal customers and build a legacy for your family.
Top-Notch Technology. Moran franchise owners have access to the latest technology to streamline operations. Moran implemented a sophisticated point-of-sale system to improve workflow and minimize the hassle of administrative tasks.
Peer Network. Franchising allows you to be part of a peer network to exchange best practices. Learning how your peers are conquering current challenges will help give you a leg up on the competition. Moran sets up regional meetings and reunions to give you a chance to meet other franchise shop owners and to review updates and workshops from the Moran support team.
Vendor relationships. Being part of a national brand will give you access to discounts. Moran forms vendor relationships throughout all aspects of your business to help its franchisees get the best prices to keep operating costs low.
Training and Support. While you are already familiar with running an auto repair shop, Moran’s guidance can help you take your business to the next level. We offer ongoing training and support, including employee and technician recruiting and retention, finances, and scheduling. A dedicated franchise business coach will help you learn how to scale your business to achieve your growth goals.
Learn More About Moran
If you want to learn more about the benefits of growing your auto repair business through conversion franchising, click here to request information and get connected with a franchise business consultant who can help you learn the benefits of franchising.