Hotline: 1800 102 2007
X
Search Business Opportunities
franchisees 2018-07-05

Qualities Of A Desirable Franchisee

There Are Certain Distinct Qualities To Have If You Want To Be Franchisee And Not A Businessman.

By Feature writer
Qualities Of A Desirable Franchisee

You might want to run your own business and think that taking a franchise would be an easier way out. An independent franchise consultant, Jeff Elgin, says, “Franchising is all about following a proven system in order to replicate the success of the original business.”  So, you should have the initial ability to follow predefined systems.  There are some definite traits you need to possess or acquire to become a desirable and successful franchisee.  Here are some of them:

Realistic Achiever  

If you are one who can focus on production, can create achievable benchmarks and then know how to achieve them, you are an ideal fit to become a franchisee. It is important to be realistic and have achievable targets. If you can stay firmly rooted in the reality of your region, know your customer and realize what can and cannot be done, then ensure you take up a franchise of a brand that can back your personality trait.

Optimistic and Motivated

Like any other business, yours can also go through its ups and downs. In such a case, a person who continues to remain focused and has creative ways to handle challenges makes for a good franchisee choice. If you are not easily demotivated and can pass on the same energy to your team, are optimistic by nature and a troubleshooter, consider yourself an ideal choice for a franchisor.

Socially likable

 Any businessman has to be a people’s person. You have to be likable and dependable. Your claims should not be loose and empty and must be marked with actions. Such a person automatically is believable and his product or service naturally sells and garners community support. Such people are usually the first choice of franchisors. Remember, you don’t have to be just a talker but someone who ‘walks the talk’.

Resilient and Focussed

 Franchise model does not have rooms for experiments and taking risks.  As a predefined business model, it will not have room for such foolhardiness. So if you are looking for such short-term adventure, then it is best to keep the franchise option out of your business basket. Franchisors usually look for someone who is focused and resilient and can stick to a given set of rules and benchmarks for a longer time. A franchisor would want to trust and depend on such a member of his extended brand building exercise.

Long-term visionary

 If you show the qualities of a patient gatekeeper, you might have the chance to change your franchise to that of a master franchise. In such cases, you have all the freedom to mentor and train people under you and can evolve the same brand taking it to another dimension. But this needs maturity, patience, and careful long-term planning. Franchisors would jump at finding such a rare feat, but if you are one of them, jump on the franchise bandwagon and get started immediately.

Comment
Related opportunities
  • Gyms and Fitness Centres
    About Us: An F2O Future of Fitness workout is equivalent to..
    Locations looking for expansion Gujarat
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 650
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Souvenir Shops
    About Us: Established in Hong Kong, Coko is the brainchild of..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Ice creams & Yogurt Parlors
    About Us: Makers of Milkshakes thrives on the cravings of the..
    Locations looking for expansion Telangana
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hyderabad Telangana
  • Quick Service Restaurants
    Cafe Franchise Opportunities in India – Why Flashback cafe? About Us: Over..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts