Brand vs. business
The problem with the question of what differentiates a brand from a business is that no matter how many times you ask it to several diverse people, you’ll receive a different answer.
Some may even argue that brand and business are the same, but unfortunately, there is a difference between them. As a leading home care franchise, FirstLight® Home Care has seen the importance of both brand and business and how they work together to create a successful and lasting company in the home care services franchise industry.
The Difference Between Brand and Business
To many, a brand is a symbol or logo of a business, and while that may be true, a brand is more than that. Chris Kocek explains it best:
A business is an operational entity within an industry that stays within its realm of business.
A brand is what happens when a business grows and becomes so large that it actually serves a greater purpose—stretching farther than its industry. The brand is the bigger picture, or in other words, the emotional connection between the business and consumers.
Branding: A Crucial Element of Business Growth
Some may argue that a brand is one of the various functional elements necessary for business viability. While this is technically true, we should remember that brand building is also a crucial ingredient in the business growth process, and brand building helps shape the difference between a business and a brand. This is particularly true in the home and senior care franchise sectors, where building a strong brand can set you apart in a competitive market.
Small business owners begin their entrepreneurship with the mindset of, “I’d like to start my own business, really make a difference, and be prosperous.” They focus on growing their business accordingly, following all the rules, regulations, processes, and best practices. Yet, even when considered one of the top businesses in their market, they still aren't as satisfied with their growth or achievement as expected.
Why is this? It's often because they haven’t seen past their business's basic functionality and ideas. Consider a business in the food and beverage industry. What specific role does it play within that broad sector? What does it sell? When a business owner can answer that question differently (other than providing quality food and beverages to customers), they start to think in the brand mindset, beginning to turn their business into a brand.
Brands Can Evolve Into Something Bigger
Kocek uses Lego as a perfect example. What started as a business crafting specially designed building blocks for kids is now one of the world's most well-known and reputable brands. Think about it—the brand isn’t just about toy block sets anymore. It’s about childhood imagination, family playtime, and constructing a child’s creativity.
Lego now has many lines, from video games to clothing and even its own movie. It’s not just a business of building blocks. It’s a brand of childhood, imagination, and creativity.
Discover a Brand that Goes Beyond Products and Services
While Lego's evolution is impressive, you can still benefit from strong branding without being a global corporation. Even in industries like home health care, developing a powerful brand can elevate your business and create deeper connections with clients and caregivers alike.
So, as a small business owner, if you’re truly striving to grow your business in the long run and find satisfaction in achievement, stop thinking that all your business does is serve customers. Think about:
- How do you specifically serve customers?
- What’s important to your business?
- What does it believe in aside from its product or service?
- What do your customers believe in?
Find your answer, and you’ve found your brand. In the home health franchise world, this means considering how your business impacts families, caregivers, and the community at large. These are things FirstLight knows all too well.
FirstLight Home Care Blends Brand and Business
FirstLight Home Care demonstrates how a business can evolve into a powerful brand within the rapidly growing home care franchise industry. Our home care franchise system has been awarded the Top Franchise Satisfaction Award for three consecutive years in the 100-299 locations category, highlighting our commitment to excellence and our franchisees' success in the home help and senior care franchise sectors.
Our franchise model allows entrepreneurs to make their mark in the home care sector while being part of a recognized and respected brand. Our franchisees don't just run a business; they make a difference in someone's life daily, embodying our brand’s commitment to help people have their best day, every day.
We invite potential franchisees to explore how they can turn their home care business into an extraordinary brand by joining the FirstLight family. Call us at (866) 288-4727 or submit a contact form to learn more!