1851

While most young boys dream of becoming an astronaut, a firefighter or the next big basketball star, Philip Schram&#8217;s vision for his grown-up-self followed a much different trajectory&#8212;for as long as he can remember, this <a href="http://ownabuffalo.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=philip-schram-lessons-learned-in-franchising-3198" target="_blank" rel="nofollow" target="_blank">Buffalo Wings &amp; Rings</a> executive always wanted to be an entrepreneur. Born in Paris, France, Schram quickly noticed that in his native country, it&#8217;s often difficult to be an entrepreneur. While most adults went on to work for the government, Schram struggled to find anyone around him who was in the business of business. After spending 10 years hunting down the right opportunity, he found what he was looking for&#8212;4,130 miles away in Cincinnati, Ohio. As soon as Schram obtained his green card, he didn&#8217;t waste any time getting started as an entrepreneur. After buying <a href="http://buffalowingsandrings.1851franchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=philip-schram-lessons-learned-in-franchising-3198" target="_blank" rel="nofollow" target="_blank">Buffalo Wings &amp; Rings</a> in 2005 with a coworker, Schram worked his way through the company wearing many hats&#8212;first as president and CEO, then as the executive vice president and chief development officer. The experience had its ups and downs in the beginning, but through it all, he&#8217;s helped the company come out on top in the sports restaurant franchise industry. With 65 units globally, the Cincinnati-based company is breaking the mold when it comes to merging elevated family dining with sports and chef-inspired food. When it comes to franchising, here are a few of Schram&#8217;s ingredients to create a recipe for success. 1. Be selective when choosing your franchisees. &#8220;Proper training and selection of franchisees is paramount. Make sure you do your homework so that you know exactly what you&#8217;re getting when you bring someone on to represent your brand. As a franchisor, this is not always easy, and at times you might feel like you have to compromise,&#8221; Schram said. &#8220;These are the people who will be out there in the field, representing the business firsthand. Make sure you can completely entrust them with this important responsibility.&#8221; 2. Be transparent. &#8220;In my own experience, I&#8217;ve been in charge of recruiting, and I&#8217;ve seen just how much conflict can arise when there are different expectations. Make sure people know exactly what they&#8217;re getting into&#8212;from income and operations to what their work-life balance will be like,&#8221; Schram said. &#8220;Be as open and transparent as possible to make sure that people won&#8217;t be disappointed.&#8221; 3. Learn to say &#8220;no.&#8221; &#8220;To grow in size, you need to first grow in quality. Sometimes ideas may come your way that may not always be right for the brand,&#8221; Schram. &#8220;It&#8217;s OK to turn ideas down. In the end, it&#8217;ll be in the best interest of the company.&#8221; 4. Embrace change. &#8220;It&#8217;s so important to always be evolving. This is the biggest factor in remaining relevant to your customer base. If you have something that is working right now, in this moment, don&#8217;t get complacent. Always be one step ahead. Think of the next generation of customers and what they might like.&#8221;

1851 Franchise

After nearly 10 years with Buffalo Wings & Rings, here are a few of Philip Schram's ingredients to create a recipe for success. 

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

Philip Schram: Lessons Learned in Franchising   

philip-schram-lessons-learned-in-franchising

Home Halo

Home Halo’s 160-Step Launch Process: Setting Franchisees Up for Success

home-halo-franchise-launch-process

VA Reimbursement: A Unique Opportunity for Home Halo Franchisees

va-reimbursement-a-unique-opportunity-for-home-halo-franchisees

Home Halo’s "Frank" Method: Coaching Franchisees to Greatness

home-halos-frank-method-coaching-franchisees-to-greatness

home-halo-dan-deak-personal-journey-headshot

Dan Deak's Personal Journey: From Caring Son to Home Halo CEO

dan-deaks-personal-journey-from-caring-son-to-home-halo-ceo

10 Reasons Why You Should Invest in a Home Halo Franchise

10-reasons-why-you-should-invest-in-a-home-halo-franchise

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Dave’s Hot Chicken Sold to Roark Capital in $1 Billion Deal to Fuel Global Expansion

daves-hot-chicken-sold-to-roark-capital-in-1-billion-deal-to-fuel-global-expansion

Homebuyers Keep Buying — And That’s Good News for Home Service Franchises - 1851 Franchise

Homebuyers Keep Buying — And That’s Good News for Home Service Franchises

homebuyers-keep-buying-and-thats-good-news-for-home-service-franchises

AI Could Push Unemployment to 20% — Fueling a Surge in First-Time Franchise Buyers - 1851 Franchise

AI Could Push Unemployment to 20% — Fueling a Surge in First-Time Franchise Buyers

ai-unemployment-impact-white-collar-job-loss

How To Sell Just One Franchise: What You’ll Learn at FranCamp NJ 2025

how-to-sell-just-one-franchise-what-youll-learn-at-francamp-nj-2025

House Passes Tax Relief Package With Key Benefits for Small Businesses and Franchises

house-passes-small-business-tax-relief-bill-2025

The Ultimate Guide to Selling Franchises: How To Create a Strong Incentive

how-to-build-strong-incentives-to-attract-prospective-franchisees

The Ultimate Guide To Selling Franchises: How to Leverage Franchise Expos

how-franchisors-can-leverage-franchise-expos-to-drive-success

How Franchise Brands Can Prepare for the Rise of AI-Driven Advertising

how-franchise-brands-can-prepare-for-the-rise-of-ai-driven-advertising

The Ultimate Guide to Selling Franchises: How to Position Your Value Proposition

The Ultimate Guide to Selling Franchises: How to Position Your Value Proposition — Point of Differentiation

how-to-position-your-value-proposition-with-a-point-of-differentiation

How Car Sales Taught Buddy's Home Furnishings’ Mitchell Lee the Secrets of Franchise Development

how-car-sales-taught-buddys-home-furnishings-mitchell-lee-the-secrets-of-franchise-development

What You Need To Know About Low-Cost Franchise Opportunities

what-you-need-to-know-about-low-cost-franchise-opportunities

Sola Salons Franchisee Grows Salon Freedom Into a Multi-State Powerhouse 

sola-salons-franchisee-grows-salon-freedom-into-a-multi-state-powerhouse

Dan Yangas Brings Family Flooring Legacy Full Circle With Footprints Floors Franchise in Naperville 

Dan Yangas Brings Family Flooring Legacy Full Circle With Footprints Floors Franchise in Naperville, Illinois

dan-yangas-brings-family-flooring-legacy-full-circle-with-footprints-floors-franchise-in-naperville-illinois

Franchisee spotlight graphic with photo of Sean Phelan & Caring Transitions logo

From Tech to Transitions: Why This Caring Transitions Franchisee Left the Corporate World To Help Families Navigate Life’s Hardest Moves

sean-phelan-caring-transitions-franchise-austin

Philip Schram: Lessons Learned in Franchising

MORE STORIES LIKE THIS