What is Jim's Pay Plan? Interview with CEO, Bruce Coombes

Ready to enhance your franchise with a powerful financial tool?

Join us as Bruce Coombes, founder of Jim’s Pay Plan, shares how this innovative payment solution is transforming businesses within the Jim’s Group.

Whether you’re a franchisee or a customer, this episode unveils the benefits and workings of Jim’s Pay Plan, helping you understand how to leverage it for growth and customer satisfaction.

In this episode:

Bruce Coombes discusses the inception and success of Jim’s Pay Plan, detailing its benefits for both franchisees and customers.

He explains how franchisees can offer interest-free payment options to customers, making large projects more affordable and increasing business opportunities.

Bruce also shares success stories, practical tips for integrating the plan into your business, and his personal journey from accounting to creating successful financial solutions.

Key takeaways:

• Interest-Free Payment Options: Learn how Jim’s Pay Plan allows franchisees to offer their customers interest-free payment plans, spreading the cost over 12 months and making services more accessible. “It enables franchisees to offer their customers interest-free terms,” Bruce explains.
• Increased Business Revenue: Discover how offering flexible payment options can significantly boost your business revenue. Bruce highlights, “One of our best performers has done over $376,000 on Pay Plan alone.”
• Seamless Integration: Understand the ease of integrating Jim’s Pay Plan into your franchise. Bruce notes, “Franchisees can sign up online at no cost, making it simple to start offering payment plans to customers.”
• Customer Satisfaction and Retention: Bruce shares how the plan enhances customer satisfaction by providing flexible payment solutions, leading to higher retention and repeat business. “When the franchisee said, ‘We have a plan,’ the customer responded immediately.”
• Business Growth Strategies: Bruce offers insights on scaling a business, emphasizing the importance of sales skills, curiosity, and resilience. “If you don’t know how to sell, you’re not going to succeed,” he advises.

Why you should listen:

This episode is a must-listen for franchisees looking to enhance their business operations and customer offerings.

Bruce Coombes’ insights into Jim’s Pay Plan provide practical advice on increasing revenue, improving customer satisfaction, and seamlessly integrating financial solutions into your business.

His personal journey and business tips also offer valuable lessons for any entrepreneur.

Ready to boost your business with Jim’s Pay Plan?

Listen to the full episode now and discover how this innovative financial solution can transform your franchise.

Whether you’re just starting out or looking to grow, this episode provides the guidance you need.

Tune in and get inspired today!