Today, I’d like to discuss the three keys to business development and how you may construct a solid foundation by using the right bricks.

There are three main areas of business development:

• Innovation
• Quantification
• Orchestration

These three components, when done correctly, will help you lay a strong foundation for your company. Let’s take a closer look at each one of these for a moment.

Innovation

The term “innovation” is used to describe anything that is new, as well as the process of coming up with new ideas. The act of implementing innovative ideas into action is known as innovation. This area should receive a lot of attention at first and even throughout your company’s existence.

Quantification

This is about the figures. We’re talking about the worth of your creation. The best indicator of this is to look at customer feedback. Look for what you’re doing well, and keep doing it. Look to your negative responses for insights on what you’re doing wrong and how to correct it. You’ll be able to develop and progress with the demands of your consumers and business climate if you do this.

Orchestration

Once you’ve discovered what aspects are successful, you may focus in on them and concentrate on making them the centerpieces of your campaign. You refocus your efforts here to get the most out of your business and meet the demands of your clients.

We can help you work through these three areas to put together your franchise prototype during your FREE test drive.

In the next few lessons we are going to transition to the 7 specific areas you need to consider in your franchise prototype process:

• Primary Aim
• Strategic Objectives
• Organizational Strategy
• Management Strategy
• People Strategy
• Marketing Strategy
• Systems Strategy 

These 7 areas will fine turn your plan for the ultimate level of success.