The New Franchisee: Age and Franchising
Since the appearance last December of Annie Lowrey’s article Grown-Up Start Ups, the buzz about the higher success rate of older entrepreneurs has grown unabated, catching the attention of journalists at the Huffington Post, the Wall Street Journal, and Newsweek. We’ve even seen special attention paid to the recent boom in older franchisees by Market…
6 Essential Questions to Ask Every Franchisor Up Front
While each person has his or her own personal questions and criteria for opening a business, the answers to the following six questions will help you evaluate a franchisor’s foundation for franchisee stability and success. Ask these questions early, in the first phone call if possible.
What do franchisors look for in franchise candidates? Trait Three…
Think you need an MBA to impress a franchisor? Not true. In this series, we’ll examine some of the key traits that franchisors seek in potential franchisees, and why those traits are so important. Trait 3: Natural positive energy We love meeting franchise candidates who exude a natural vitality and can-do attitude. To help illustrate…