Here is yet another example of how our brand continues to grow. In this interview, I talked about how we continue to invest in our people and delivering value back to our franchisees and investors. I say this all the time, “Money is not a dirty word. We recognize that profitability is critical to our success.” And it is true. Check out our ranking on Franchise Times’s Fast & Serious List.
31. The Learning Experience
Child development centers
Accelerating its annual growth rate, especially in terms of systemwide sales, The Learning Experience added 20 new units and boosted its sales by more than 37 percent—to a total of $200 million—over the last three years. President and COO Andrew Alfano has directed investments to further train and develop its staff members, while also spending money on technology and opening a new, “Google-esque” global headquarters in South Florida that includes a graphic design office, film studio and theater-style training center that can host nearly 100 people at a time. “Money is not a dirty word. We recognize that profitability is critical to our success,” Alfano said. “In addition to delivering value back to our franchisees and investors, we believe it’s imperative to be in a position to give back to the communities where we work and live.” In recent years, The Learning Experience has hired several “big thinkers” to its executive team who he added “embrace a company on a steep change curve.” With similar headwinds as other fast-growing brands, Alfano said the company sees challenges with construction and healthcare costs, but underscored how its foundation for future growth rests on maintaining its status as an employer of choice within the early-education segment.
http://www.franchisetimes.com/January-2018/How-Orangetheory-and-39-more-brands-drive-smart-growth/
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