How to Succeed as a Franchisee #podcast

“While franchising’s prevalence in the U.S. economy indicates that franchisees can succeed, hundreds of franchisees fail each year. The most frequent causes: lack of funds, poor people skills, reluctance to follow the formula, a mismatch between franchisee and the business, and poor management. Often, it’s the small stuff that separates winners from losers.” – WSJ.com

Long-time franchise veteran and entrepreneur, Stuart Williams joined us this morning on Franchising & You podcast. Based upon his extensive background working with individuals through various stages of their experience from candidate to franchisee (franchise operator), Stuart presented three key points toward franchisee success:

  • Passion for both the business and brand
  • People are key to business excellence
  • Participation in the brand’s franchise community

Listen to today’s segment HERE.

Learn more about Stuart Williams HERE.

Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand and is sponsored by Benetrends FinancialSpadea Lignana and Retail Solutions.