How do I find a suitable franchise system
The most important criterion for finding a suitable franchise concept is that it must appeal to you. Business concept and personal and professional skills must be harmonized. It depends a lot on your performance and commitment. Mutual trust is equally important as your personal commitment. Therefore, you should carefully select the best franchise system for you. Only when you identify yourself with a business, you can successfully run it.
What are desired qualities of the franchisee?
The franchise system places a number of requirements on the recipient. Check honestly if you are up to them:
- Are you prepared to focus on sales, customer care, opening of regional markets and staff management?
- Can you lead and motivate people?
- Do you have necessary skill for sale? Are you ready to learn?
- Can you count on the full support of your family?
- Can you work well in team and you can come up with new ideas?
- Are you willing to accept the decisions that you may not like?
- Are you willing to work more than 40 hours a week?
- Do you have sufficient cash allowance you may need in the first months?
- Can you be integrated into the franchise concept?
- Do you have enough confidence to withstand the possible blows?