4 Real Life Lessons About Owning a Franchise

10
4 Real-Life Lessons About Owning a Franchise

Transcript of 4 Real Life Lessons About Owning a Franchise

4 Real-Life Lessons About Owning a Franchise

Topics of Discussion:

1. Trust Is Critical for All Relationships

2. Listening Creates Understanding3. You Don’t Have to Go it Alone4. Happiness Is the Key

#1 Trust Is Critical

Let’s face it – both business and personal relationships thrive on trust as a foundation. This is just as true for your relationship with your employees, your relationship with the

franchising brand, and your relationship with your customers who come in every day and

trust you with their health and wellbeing. This is why it’s so important to nurture all of these relationships in all their forms to ensure that

trust is built and properly maintained.

#2 Listening Creates Understanding

While you’re the owner and the head honcho of your business, the most profitable

franchises have leaders who know just the right times to take the reins and command the

team, as well as when to sit back and listen. Team building and working as a team rely on

the ability of all team members to communicate with each other and value each

other’s’ opinions. In order to have truly constructive and fruitful discussions, it takes

more than one person.

#3 You Don’t Have to Go it Alone

One of the best things about franchising is that you don’t ever need to be alone. Unlike an independent business where you’re starting from scratch, a franchise comes with a “built-in” support system. Furthermore, we encourage you to “buy

in” with your spouse or other loved ones so that you have your own internal support system throughout your time as

a franchise owner.

Disclaimer: This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise.

It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana,

Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or

want to locate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state. Franchise

offerings are made by Franchise Disclosure Document only.