Focused on Your Bottom Line – Our Benchmarking Program
One of the key benefits of franchising with Archadeck is having the ability to leverage the best practices from across our franchise system to improve the profitability and efficiency of your local operations. You’ll be able to compare the financial performance of your office to that of your peers within Archadeck, and our franchise support team will help you target specific areas for operational improvements.
A recent Bain and Company survey indicates that 84% of U.S. businesses use some form of comparative benchmarking data to help manage their operations and it is widely viewed as an accepted “best practice.” That is why all Archadeck offices participate in our annual financial benchmarking program.
This detailed report provides comparative benchmarking data to help you measure the financial performance of your business in the following categories:
Gross profit and net profit margins
Expense management (cost of materials, labor, and overhead)
Owner compensation and business profitability
Asset productivity (effective use of cash)
The idea is for our Archadeck deck building franchise owners and franchise support team to use the information as a tool to assist our franchisees in setting goals and priorities for their businesses and improving bottom-line results. The data is also extremely valuable in providing parameters for creating annual budgets, making long-term business plans, and providing information to raise capital through banking relationships. The data can also help justify a future selling price should you someday decide to sell your business.
Franchise Partner Network
When you join our brand, you’ll immediately gain dozens and dozens of partners in the business who will help shorten and ease your learning curve as a business owner. Your fellow franchisees have been in your shoes. You will quickly find that your fellow franchisees are an experienced network you can trust for advice, guidance, and support. As the leader in the outdoor living category, we literally helped write the book on how to design and build outdoor living structures the right way. In fact, several of the processes and technology pioneered by Archadeck are now copied in part by others in the industry. However, no one else can truly duplicate the entirety of the Archadeck Outdoor Living experience.