Today's economy has caused fear and stress to become a part of our daily routine. People are worried about finding jobs, keeping jobs, and pay cuts. We worry about providing for ourselves and our families and watch our quality of life diminish. It is even more difficult when we feel a lack of control over our financial future.
For some, taking control is a real option. How? By becoming your own boss and making the decisions which directly affect your finances. Purchasing a franchise allows you to take the risk of owning your business with the benefits of a built in support system and proven successful business model.
Corporate executives make especially good franchisees because of their business background. Franchisors typically do not look for candidates that are skilled in their service, but rather look for candidates with good business acumen.
So what traits make corporate executives good franchisees?
- Long term vision for the business.
- Good leadership skills
- Quality decision making skills
- Good at delegating
- Hard working
- Financial savvy