A common mistake people make when considering a franchise is they assume the role of the owner is that of an employee. For example, whenever I mention a residential cleaning service with franchise candidates, they automatically picture themselves pushing vacuums and scrubbing floors. That’s NOT how it works in franchising.
The business owner is not to spend his or her time doing what a team member can and should be doing. Within franchising, there are EXECUTIVE BUSINESS MODELS. These require LEADERSHIP and DECISION-MAKING SKILLS to implement the business model and assemble your team.
The key to selecting the franchise the is right for you is to
- Partner with a strong franchisor that has the technical expertise associated with the business and
- Match to your desired role in the business which should provide the hours you want to work and the opportunity to leverage your skill set
When you match your leadership and business skills to an executive model franchise, both the sky and money have no limit!
