Michael Bennett, Chief Operating Officer of Buddy’s Home Furnishings, speaks to attendees at the 2017 Leadership Meeting in Orlando, Florida. Bennett has led Buddy’s expansion to become the third largest rental-purchase company in the US.
Buddy’s Home Furnishings, the fastest growing rent-to-own company in the nation, recently held its annual Leadership Meeting at the Gaylord Hotel and Convention Center in Orlando, Fl. The company celebrated 51% growth in 2016 and detailed plans for continued aggressive expansion in 2017 and beyond.
The event kicked off with a private vendor fair and recognition of Buddy’s Top Performers, including 14 recipients of the Peak Performance award. “Our top performing franchisees continue to find innovative ways to expand the Buddy’s business without losing focus of our top priority – serving our customers,” stated Michael Bennett, COO of Buddy’s Home Furnishings.
Special recognition was given to the winner of the Norman Slatton Excellence Award, Angela Shutt, General Manager of Buddy’s Home Furnishings franchise RNB in Cullman, Alabama. “Angela embodies the spirit of entrepreneurship, leadership and service of Buddy’s founder, Norman Slatton, Sr.,” Bennett said.
During the General Session on day two, Buddy’s corporate team laid out the strategy for growing existing franchises and opening new markets in 2017. “As the rest of the industry contracts, our company is expanding. There are tremendous growth opportunities for our franchisees,” said Bennett. “The Buddy’s system is built for profitable growth.” Among other acquisitions in 2016, Buddy’s recently acquired 80 Home Smart stores from Aaron’s, opening additional opportunities for new and existing Buddy’s franchisees.
Breakout sessions were held at the end of the second day to give franchisees the opportunity to interact with key corporate departments and refine strategies. “The Buddy’s system has attracted the best-of-the-best franchisees in the business,” noted Bennett. “The corporate support team’s role is to develop systems that maximize profit potential.” Bennett added that exceptional growth in 2016 was a precursor for additional anticipated expansion in 2017.
About Buddy’s Home Furnishings
Orlando, FL-based Buddy’s Home Furnishings, is focused on providing profitable franchise opportunities nationwide. The Buddy’s Home Furnishings franchise is the third largest rent-to-own company in the United States, operating more than 330 locations. For additional information, visit our website at http://www.buddyrents.com/