Tips for the survival of new franchise owners Posted by jeniferthomas

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Tips for the survival of new franchise owners

Posted by jeniferthomas in Articles on 20.12.2010 10:27:47 am | 1129 views

For any new franchise owner, it is very important to survive in that market successfully. Here are some tips which can help you in achieving one:      
          
1. Expect Change      
2. Prioritize Issues      
3. Act, Don't React      
4. Learn and Grow      
5. Utilize Your Support System      
6. Remain Positive      
7. A Sense of Humor Helps      
8. Take care of yourself and your family      
9. Schedule time for planning your next step in business growth      
10. Be flexible     

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Comments

maxluis on 29.12.2010 2:59:47 am | Reply

Very Helpful Forum and quite an interesting topic as well !!!
Keep It Up !!

 

Debt

 
alexer on 09.06.2011 2:23:13 pm | Reply

Hi,

If you are new in this industry, you have to face lots of problems. Here are few reason why new franchisees fail.

1.Underestimating costs

2. Picking a franchise that you are not motivated to run

3. Underestimating the competition

4. Underestimating the work involved

 

 

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