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 […]
7 Steps to becoming your own boss and Working from Home Is being your own boss the right choice for you? Working in your pajamas, setting your own hours, having good coffee at your desk for a change… there are lots of reasons people dream of leaving the traditional workplace […]
If you’re thinking about going into business for yourself, you’ve probably heard a million reasons why you shouldn’t do it. You’ll lose money, you’ll become a workhorse, your social life will cease to exist, and so on. But, even with these possibilities, people are still magnetically drawn to entrepreneurship. There […]
So you’ve made the leap to business ownership – very exciting! By now you’ve realized it’s easy to get caught up in the daily grind and lose sight of the big picture. Sometimes you even forget the reasons you started your own business. Here are 5 New Years resolution suggestions […]
The tight labor market is pushing restaurants to reevaluate employee conditions. Companies are getting creative when it comes to keeping their workers. In the “old days” of recruiting everyone worked 6 days a week, 60 – 70 hours and often didn’t have benefits. I’ve seen the trends change to attract […]
Record Year for Patrice & Associates We had a great year and had a record number of franchisees join our organization. We are starting our final class of the year. It’s amazing how many people want to start 2019 with a new business and control of their lives that they are […]
Buying a franchise will help to achieve your dream of business ownership success. However, purchasing a franchise is not always easy. Also remember you are not “buying” a franchise, you must be approved and awarded the franchise license by the franchisor. It’s all about making good matches for both franchisor […]
Restaurants feel the pain of a tight labor market GREAT NEWS FOR RECRUITING COMPANIES! With low unemployment rates and a continuously expanding industry, restaurants have been feeling the pressure in hiring employees and keeping locations properly staffed. Higher wages have strained labor budgets and workers have been gaining leverage on […]
Women In Franchising : The Rise Of Female Franchisees In the past decade, there has been a significant increase in the number of women business owners generally – in the USA more than 11.6 million firms are owned by women, and female-owned businesses now account for 39% of all privately held […]