Quantcast
Published On: Sun, Dec 2nd, 2018

Take the Training Seriously to Succeed as a Franchisee

The best part about being a franchisee is that you won’t start the business blindly. When you start a business from scratch, everything that you do is a risk. You are not sure whether your endeavour will work. You are also not sure if the business model will work. When you buy a franchise, you are confident that the business model will work.  

photo/pexels

You will receive a series of training sessions to ensure that you will do a great job in running the business. The franchisors want you to succeed since it is their brand on the line. Your failure will also hurt the other franchises. Therefore, if your franchisor asks you to undergo training, you need to take it seriously.

Managing the company

Whether you have had experience leading a company before or not, you can’t expect things to be the same with a new franchise. For instance, if you ran a fast food business before, but you decided to buy a retail franchise, different skills apply. You need further knowledge of the retail industry for you to do well.

Training for the employees

The franchisor will also conduct the training for the employees. For instance, if you buy a fast food franchise, the employees will learn how to cook the food. Everything needs to be exact since they are following the terms set by the franchisor. You also need to join the same training and do everything that the employees will do. As a leader in your company, you need to have the ability to do what every employee is doing so you can step in when they can’t.

Terms and conditions

Franchisors set terms for you to follow. You might not be familiar with all these conditions since every company is different. For instance, if you want to rearrange the design of your office, you need to seek permission from the franchisor to do it. When you want to advertise through local radio stations, the ads you will put out also require the approval of the franchisor. You need to follow the right steps to seek permission, and you will get this information when you undergo the training.

Don’t hesitate to ask questions

When you receive the necessary training to succeed in your chosen franchise, before the training ends, you need to ask questions that will help you in running the business. If you still feel confused about some concepts, you can ask questions during the training.

You also need to know what to do if you encounter problems as you start the business. Some franchisors can offer continued support and guidance to franchisees that have a tough time. Others will conduct a routine check to determine if you are worthy of holding your franchise licence. You could get stripped of the franchise if you fail to meet the standards set by the franchisor. After the training, you will feel confident, but your journey is still beginning, and you will face lots of challenges as the business opens.

Author: Joana Green

On the DISPATCH: Headlines  Local  Opinion

Subscribe to Weekly Newsletter

* indicates required
/ ( mm / dd ) [ALL INFO CONFIDENTIAL]

About the Author

- Outside contributors to the Dispatch are always welcome to offer their unique voices, contradictory opinions or presentation of information not included on the site.

Tags

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Sign up for our Weekly Newsletter



Categories

Archives

At the Movies



Pin It