Buddy’s Home Furnishings Celebrates Successful Year
Buddy’s Home Furnishings recently held its Annual Leadership Conference at the Loews Royal Pacific Resort in Orlando, Florida. The event highlighted the success of the “Buddy’s System,” a field tested, data driven system of connecting products with consumers that outperforms the industry.
“Success in today’s environment demands precise planning and execution,” says Chief Operating Officer of NewCo LLC., parent company of Buddy’s Michael Bennet. “Our commitment to franchisees is to provide a proven, unified model that integrates purchasing, marketing and operations.”
The general session and breakout sessions focused on sharing data from every segment of the Buddy’s System. The data shows that stores following the system consistently outperform those that do not. Over the past year, Buddy’s Marketing Team has developed systems that automatically track inventory throughout its life and drives marketing at every turn. Bennett explains, “From purchase to first rental to exit, the Buddy’s System never loses sight of its primary objective – maximizing return on investment.”
Buddy’s Purchasing Department organized a 30,000 square foot trade show with over 40 vendors. “This was our largest show to date and our vendor-partners knocked it out of the park,” shares Bennett. Orders written at the event grew 200% over 2017.
The company also held its annual Peak Performance Awards Dinner where attendees were treated to a Polynesian luau and fire show. “Recognizing the best of the best is one of my greatest honors,” says Bennett. Company of the Year Award was presented to Buddy’s franchisee Tom Tucker of Pentex. Pentex regional manager Aaron Hembree took Region of the Year. Store of the Year was presented to Pentex General Manager Corry Bradford.
Buddy’s Community Service Award was presented to Franchise Consultant Sabino Milner for his support of Buddy’s associates in the aftermath of Hurricane Harvey. In presenting this special award, Bennett says, “Sabino knew hotels in the area would be scarce but he was loading up with water, food and other supplies and would sleep in his car if necessary. The entire Buddy’s family owes thanks to Sabino for his efforts and for the example he sets for others.”
Click here to see more photos of Buddy’s Home Furnishings 2018 Annual Leadership Conference.