The 5 Characteristics of Highly Successful Franchisees

(NC)—For those who want to be in business for themselves, but don't want to do it alone, franchising can be the answer to achieving their entrepreneurial goals. But what does it take to be successful in franchising?

The Canadian Franchise Association (CFA) spoke with successful franchisees who shared their first-hand knowledge of the qualities required to make it in franchising. According to them, successful franchisees have:

1. Motivation

While franchisees receive franchisor support, it's the franchisee's own initiative and drive that will ultimately lead to success.

2. A willingness to be a team player

A franchise system is a team, with the franchisor and franchisee working together to benefit and create consistency throughout the entire company.

3. A strong work ethic

To achieve their goals, successful franchises need to be tenacious, persistent and passionate about what they do and be prepared to put in the work it takes.

4. A focus on customer service

No matter the industry or business concept, people skills are key to customer satisfaction and the success of your franchise.

5.An understanding of their products or services

Be knowledgeable about the business you'll be working in to better understand your customers, especially if you don't have a background in that particular sector.

“What's absolutely essential for franchisee success and fulfilment is ensuring that the franchise they are looking to invest in is the best fit for them through thorough investigation,” says CFA president & CEO Lorraine McLachlan.

Learn more about finding your franchise fit at the CFA website (www.cfa.ca).

-News Canada