Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!

5 Five Traits of Successful Franchisees

Here at FranchiseExpo.com, we know that many people may be under the impression that a successful franchisee is an entrepreneur who has a classic Type A personality and a desire to break new ground in the business world. However, while these traits are important, they aren't the only ones associated with a very successful franchisee. In fact, here are five traits that you can often find amongst the most prosperous franchise owners:

1. Excellent people skills - Communication will always be one of the keys to having a successful business, but great communication will make the biggest difference. Franchisees who have excellent people skills creates trust, value, and loyalty amongst both employees and customers.

2. Affinity for hard work - While franchisees are backed by a successful brand, it still takes some hard work (especially in the beginning) to get a franchise up and running. Successful franchisees are those who will accept that fact and do whatever they need to make their franchises known in the community.

3. Makes business happen - As we mentioned above, the brand itself may not always do all the work so it's important that franchisees don’t just build it and expect the customers to come. A successful franchisee is often the “chief cheerleader,” so you'll always find this person doing what he or she can to make business happen.

4. Always optimistic - Successful franchisees stay positive, create solutions, and look forward to a great future in business. They’re also the ones who take care of problems by solving them and preventing them from occurring in the future, instead of dwelling on how they happened.

5. Remains collected and cool - Successful franchisees remain collected and cool in even the most intense situations. Being collected and cool also shows both employees and customers that the franchisee can truly handle the business and everything that happens on a daily basis with ease.

Aside from what we mentioned here, there are numerous other traits often associated with successful franchisees. If you're an entrepreneur or someone else who has a strong interest in owning a franchise and believe that you have a few or more of these traits, we encourage you to browse FranchiseExpo.com to find the franchise for you!

Rob Lancit Vice President-Internet Brands, MFV Expositions
5 Ways To Ensure Franchisee Success in 2019

Success is in the eye of the beholder. What is needed for you to achieve the success you want in 2019? Read in to learn 5 ways to ensure franchisee success in 2019.

The Most Versatile Commercial Loan Product

Do you want to open a new franchise and need financing to do it? The Small Business Administration (SBA) 7(a) loan may be your answer.

Current Economy is Attracting Many Americans to Franchising

Who are interested in becoming franchisees, the struggling economy is a driving influence for nearly half of the respondents in regard to seeking this particular career path.