Qualities of a great franchise owner

Owning a business isn’t for everyone. It takes a dedicated and driven leader to succeed. However, when the right individual pairs with the right franchise opportunity, good things happen. Here are some of the traits of an ideal franchise candidate.

Team Player
"Teamwork begins by building trust. And the only way to do that is to overcome our need for invulnerability." – Patrick Lencioni

Franchising is a mutually beneficial relationship. The franchisor only grows if its franchisees succeed. Likewise, franchisees need ongoing support from the franchisor to scale their business. The ideal franchise candidate is someone who works with the franchisor, and follows the tried-and-true processes in place. You’ll still have control of your business, but it’s important to lean on corporate for support.

Competitive
“You can’t always be the most talented person in the room. But you can be the most competitive.” -Pat Summitt

In the business world, you cannot be complacent. You must constantly strive for growth. Franchising with an established name like Premium Service Brands puts you on the path to succeed, but it’s still up to you to dominate the market.

Leadership
"The pessimist complains about the wind. The optimist expects it to change. The leader adjusts the sails.” -John Maxwell

As a franchise owner, you are your own boss. You make the decisions. The more you scale your business, the more team members you’ll be leading. At Premium Service Brands, we look for leaders with track records of managing and inspiring others.

Communication Skills
"Communication–the human connection–is the key to personal and career success.” -Paul J. Meyer

Communication goes a long way. Franchisees need to communicate with franchisors, and vice versa. Communication skills are also a necessity when it comes to sales.

Relationship Builder
“Building and repairing relationships is a long-term investment.” -Stephen Covey

Businesses are built around people. As a franchise owner, building lasting relationships pays huge dividends. At Premium Service Brands, we look for business savvy individuals who foster relationships.