Geared Up 2020 Issue 3 | Page 26

VALUE

FOCUSING ON THE

O F T H E S Y ST E M

2020 Issue 3 | GearedUp

Of all the brand operating committees of the PF Independent Franchisee Council ( PFIFC ), the Enterprise Value Committee ( EVC ) may have the broadest , most overarching responsibilities for the Planet Fitness ® system .

Each committee is responsible for representing franchisee interests and providing the council ’ s board of directors with direction in specific areas of business , such as marketing or human resources . However , the EVC ’ s duties call for it to collaborate with the brand ’ s leaders to provide input , advice and support on all
aspects of enterprise value – from evaluating pricing models to considering ideal return on investment with new club development to data strategies – to protect and enhance franchisee profitability , brand consistency and the member experience .
“ We want to create and maintain longterm value for the PF ® brand , its franchisees and its communities by helping think through the impact of decisions and choices we
by Sean Ireland
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