Fastsigns International will join forces with financial data consolidation and analysis company ProfitKeeper to help franchisees increase profitability, according to a company press release.
«Our most important key strategic objective is to help each of our franchisees further increase profitability by 25%, after already achieving the prior goal, set in 2009, to increase franchisee profitability by 50%. We are committed to providing our franchisees excellent support and service, focused on increasing profitability and driving high-margin revenue. We have been researching tools to help our franchisees further improve profitability and selected ProfitKeeper,» Catherine Monson, CEO of Fastsigns International, said in the release. «We looked at several software solutions and chose ProfitKeeper, who has been helping franchisors help their franchisees improve profitability for over 14 years.»
Fastsigns franchisees are beginning to use ProfitKeeper, an integrated software solution connecting payroll and financial measurement services.
«Financial health of franchisees is paramount for franchisors to grow their brand. ProfitKeeper is truly excited about working with such an iconic brand as Fastsigns who believes in helping their franchisees maximize profits. We look forward to this partnership and delivering our turn-key benchmarking, trends, and analytics which helps franchisees pinpoint areas for improving their profitability,» Kyle McEuen, president and COO at ProfitKeeper, said in the release.