The Franchise King®

10 Things That Will Insure Your Success As A Franchise Owner

Success in sight....

Successful franchise owners have several things in common. If you’d like to be a successful franchisee, pay attention to the things I’ve listed.

(This post may contain affiliate links. Please read my disclosure policy).

There are actually 10 things that will insure your success as a franchise owner…if you’ll focus on them.

I’ve listed them below, but first, there are several things you need to do-before you become a franchise owner.

Take a look at the 6 things that I’ve listed-that people have done before they signed their franchise contracts.

Do These Things!

This list of things aspiring franchisees do, go a long way in helping increase the franchising success rate. Here they are:

1. They learned all they could about the franchise model

2. They chose a franchise that matched their skills and personal traits

3. They did incredible research

4. They stayed within their budget

5. They got the right franchise business loan

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6. They used a franchise attorney

Will you make a commitment to do the 6 things I’ve named? I hope so.

If you do-good things could and should happen. If you don’t-if you choose to be a maverick and ignore one or two of them, several not-so-good things may happen. Costly things. Things that will take a long time to fix.

Let’s continue.

I’ve found that the really successful franchise owners…the ones that consistently rank in the top 20%, do 10 things extraordinarily well.

If you do what they do, you’ll have a shot at real success, too.

Bookmark this post right now so you can refer back to it when you become an  owner.

10 Things That Will Insure Your Success As A Franchise Owner

Bookmarking Bonus!

Here’s another post for you to bookmark:

The Top 10 Ways To Lower Your Risk

Go ahead. Do it!
Success image courtesy of seeveeaar on Flickr

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franchise article written by joel libava
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joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes.
For 23 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Joel is Highly Principled
There are many people in the franchise business who claim to to be experts in the field. Unfortunately many of them lack both knowledge and integrity. Joel, however, is without question one of the most qualified and principled people I know, in or out of his industry."
- Greg Reynolds, Retired Outplacement Counselor
"Many receive advice, only the wise profit from it."
- Harper Lee

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