Entrepreneurship comes with a host of challenges. Rewarding challenges, but harsh challenges nonetheless. Experienced entrepreneurs have to deal with this no matter how long they’ve been in business — trying to establish a brand, adjust to match or exceed the competition and keep your business profitable is a challenge no […]
10 Traits of a Successful Franchisee 1. Leader / Communicator. Successful franchisees are typically successful leaders. A great leader is someone who is influential, with good decision-making and, most importantly, excellent communication skills which are necessary for leading and motivating staff as well as ensuring that the franchise provides top-notch […]
Franchise ownership is a rewarding venture, but that doesn’t mean there aren’t risks attached to those rewards. Many people worry about how life will change and whether they will succeed when buying a franchise. If these worries have ever crossed your mind, you’re far from alone. Despite the worry of […]