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Baskin-Robbins

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Baskin-Robbins is the world’s largest chain of ice cream stores. It is well known for its slogan “31 Flavors”. They came up with the slogan with the idea that you could have a different flavor every day of the month. They also believe that you should be able to sample the flavors before you buy, so they came up with the little pink spoon. The pink spoon is what sets Baskin-Robbins apart from the competitors. Customers look forward to tasting the flavor of the month. “With over 5,800 locations in 34 countries, “America's Favorite Neighborhood Ice Cream Shop” has both national and international presence with no end in sight for expansion and growth.” (Daszkowski, 2014) Baskin Robbins international locations have flavors popular to the country they reside in. As explained by Barbara Farfan, “Baskin Robbins mission statement is comprised of 12 values and principles for success fashioned by its parent company, Dunkin’ brands. The 12 values and principles are: Honesty, Transparency, Humility, Integrity, Respectfulness, Fairness, Responsibility, Leadership, Innovation, Execution, Social Stewardship, and Fun.” (Farfan, 2014) Baskin-Robbins began as an idea between 2 brothers-in-law. They wanted to start an ice cream business that was a gathering place for families. They knew that the only way to have their business maintain the high standards that they set was to have each manager be part owner in the business, making it a franchise.
“Prospective franchisees will also possess: · Adequate resources to purchase a development opportunity for Baskin-Robbins store · The minimum financial requirement for a single unit development commitment includes liquid assets of $125K and a net worth of $250K · The minimum financial requirements to purchase an existing Baskin-Robbins store are reviewed on a case by case basis” (The Ideal Baskin-Robbins Candidate, 2014) A franchise owner has convenient hours of operation, minimal equipment cost, and very little waste. The product has a shelf life of up to 1 year as long as there is proper storage. Franchise owners also benefit from a national advertising program including social media. Baskin-Robbins has the history and tradition and still has room to grow. Many other big names brands cannot offer a franchise because there is no room to grow. The potential does not exist. Baskin-Robbins has very few company owned stores. They value their franchisees and want to help them succeed. Some major companies will take the good real estate, or good markets, and leave the lesser for the franchise owners. Baskin-Robbins uses their efforts and innovation to make the franchise owners successful. This type of management style is close to the authoritative style. The owners give a clear vision to the team and then stands back and lets them work. If the franchise is not doing well, the owners will then step in and rehashes the vision giving them clear direction. This leads to the employees, or franchise owners to be very proud of the work they are doing. They know that they are not in competition with the owners, but working together to reach the end goal of being profitable. The authoritative style will not work well if the franchisees are not trained properly. The franchise owner needs to be credible, if not the employees will not believe in, nor try to reach the company vision and goals. In the early 1970’s Baskin-Robbins was sold and eventually aligned with Togo’s and Dunkin’ Donuts to make up Dunkin Brands, Inc. Dunkin’ brands believes that by treating their personnel with respect and fairness they create a team that will reach the goals. They stand behind their product and have a wide range of nutritional information so their customers can enjoy their brand, but also make the best choices for themselves. My opinion of Baskin-Robbins is that they care about the franchisees and the employees and put them ahead of everything else. I believe that they are still thriving in business because they care more about the franchisees than they do owning and running the businesses themselves. Baskin-Robbins is a good franchise that has a record of stability and success. The purchase price for a franchise is a little high compared to others, but as long as the location of the store is good, and the management staff trained this would be a good investment. “You may look at any giant corporation, and I mean the biggies, and they all started with a guy with an idea, doing it well.” (Robbins, 2014)

REFERENCES
Daszkowski, D. (2014, March 21). Baskin Robbins Franchise Review. Retrieved from Franchises: http://franchises.about.com/od/icecreamsmoothi1/fr/baskin-robbins.htm
Farfan, B. (2014, March 21). Baskin-Robbins Ice Cream Mission Statement-12 Values & Principles for Success. Retrieved from Retail Industry: http://retailindustry.about.com/od/retailbestpractices/ig/Company-Mission-Statements/Baskin-Robbins-Ice-Cream-Mission-Statement.htm
Robbins, I. (2014, March 21). Inspirational Quote of the Day. Retrieved from Famous Quotes & Quotations: http://www.famous-quotes-and-quotations.com/irvine_robbins_cofounder_of_baskinrobbins_ice_cream.html
The Ideal Baskin-Robbins Candidate. (2014, March 21). Retrieved from Baskin-Robbins: https://www.baskinrobbins.com/content/baskinrobbins//en/aboutus/franchiseopportunities/whatisinvolved.html

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