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April 15, 2024 27 mins

Join Kris Simonich and Andrea Floyd on "The Perfect Franchise" as they host Tom Wood, President of Floor Coverings International. Get inside Tom's journey from a college student looking for a summer job to becoming a leader in the home improvement industry. Discover how Tom took early opportunities in paint franchising to lead a successful floor covering franchise, sharing insights on industry trends, business strategies, and the importance of the customer experience in building a successful franchise.

Key points:
  • Understand the evolution of home improvement franchises from the 1980s to today.
  • Learn how focusing on customer experience and operational efficiency can differentiate a franchise.
  • Explore the steady growth and resiliency of the home improvement industry.

Improve your knowledge of franchising: This episode brings lessons on how to create a franchise that will endure economic ups and downs and grow consistently over time. Whether you're a start-up entrepreneur or a veteran business owner, Tom's experiences and strategies will provide you with the tools you need to succeed in the competitive world of franchising.

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