Aarons 1999 Annual Report Download - page 11

Download and view the complete annual report

Please find page 11 of the 1999 Aarons annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 32

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32

9
The Aaron’s franchise support center
provides the services critical to success. Assis-
tance is provided in developing a successful
business plan, the first step in the process.
Aaron’s aids in selection of the store’s location
and analysis of market competition. Training in
the management and operation of the stores is
provided, and the franchise owner benefits from
purchasing discounts and valuable support in
advertising and publicity.
The Aaron’s approach is a two-way street of
cooperation and mutual respect. A management
team of franchisees serves on a rotating basis
with corporate representatives. Team members
are charged with giving leadership to the fran-
chise program, to deal with operational and
management concerns, and explore the range
of ways by which support and cooperation can
be improved to the benefit of both franchise
owners and the Company.
101*
106*
116*
121*
136* 138*136*
142*
155*
86*
76*
71*
61*
54*
45*
38*
36*
31*
28*
26*
24*
18* 21*
15*
13*
8*
6*
6*
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
$32,000
$28,000
$24,000
$20,000
16,000
12,000
8,000
4,000
$0
*Number of Stores
1993 1994 1995 1996 1997 1998 1999
($ in 000’s)
Quarterly Revenues Of
Franchised Stores