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

Woodhouse Spas

Photo of exterior of Woodhouse Spa location

What Should I Expect When Opening My Woodhouse Spa Franchise?

opening-woodhouse-spa-franchise-support

Fresh Coat

Photo of two Fresh Coat vans parked outside a building

Scaling With Fresh Coat Painters: Insights and Tips From the Field

fresh-coat-painters-franchise-scaling-tips

Pigtails & Crewcuts

A Business That Fills Your Heart: Why Pigtails & Crewcuts Franchisees Say It’s More Than a Career

a-business-that-fills-your-heart-why-pigtails-crewcuts-franchisees-say-its-more-than-a-career

Caring Transitions

Why Consider a Corporate Career Change? Find Meaningful Work Helping Others With Caring Transitions

why-consider-a-corporate-career-change-find-meaningful-work-helping-others-with-caring-transitions

Comfort Keepers

How This Financial Strategist Built a Flourishing Purpose-Driven Business With Comfort Keepers®

how-this-financial-strategist-built-a-flourishing-purpose-driven-business-with-comfort-keepers

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 Development Website Builder

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

U.S. Budget Deficit Rises as Tariff Revenues Increase — Potential Considerations for Franchising

us-budget-deficit-rises-as-tariff-revenues-increase-potential-considerations-for-franchising

Dickey's Franchisee Backlash - Lawsuits - Disputes - 1851 Franchise

Texas-Based Dickey’s Barbecue Pit Grapples with Franchisee Backlash

dickeys-barbecue-pit-franchisee-lawsuits

Design with person in blazer, with laptop, holding sign that reads "LOOKING FOR A JOB"

Uptick in Jobless Claims Points to Continued Instability in Labor Market

jobless-claims-franchise-growth

Extraordinary Brands Acquires CycleBar and Rumble, Shaking Up Boutique Fitness Franchising

extraordinary-brands-cyclebar-rumble-boxing-acquisition

NJCAR v. Ford - New Jersey Supreme Court Limits Standing Under Franchise Practices Act

New Jersey Supreme Court Limits Standing Under Franchise Practices Act

new-jersey-franchise-practices-act-njcar-v-ford

Top 25 Franchise Marketing Leaders: Cathy Chavenet — Chief Marketing Officer, Paris Baguette

top-25-franchise-marketing-leaders-cathy-chavenet-chief-marketing-officer-paris-baguette

Mike Revak - Chief Business Officer - Sky Zone - Franchise Marketing Leaders - 1851 Franchise

Top 25 Franchise Marketing Leaders: Mike Revak — President and Chief Business Officer, Sky Zone

top-25-franchise-marketing-leaders-mike-revak-chief-business-officer-sky-zone

1851 Coffee & Analytics image with photo of Nick Powills

A Look Inside Candidate Behavior & What Changes You Should Make

a-look-inside-candidate-behavior-what-changes-you-should-make

Top 25 Franchise Marketing Leaders: Lynlea Rudell — Director of Marketing, Pool Scouts

top-25-franchise-marketing-leaders-lynlea-rudell-director-of-marketing-pool-scouts

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores - Agg - 1851 Franchise

Hooters Leans Into Franchising With Closure of 30 Company-Owned Stores

hooters-franchise-model-company-owned-closures

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

"Come in, We're OPEN" sign against abstract background

Small Business Optimism Dips, Raising Concerns for Franchise Owners

small-business-optimism-dips-raising-concerns-for-franchise-owners

Wendy's CEO Kirk Tanner Steps Down - Breaking News - 1851 Franchise

Wendy’s CEO Kirk Tanner Steps Down Amid Challenges, Leaving Franchisees Facing Uncertainty

wendys-ceo-transition-kirk-tanner-franchisee-uncertainty

Navy Veteran and Professional Artist Couple Open Caring Transitions in Texas

Philip Schram: Lessons Learned in Franchising

MORE STORIES LIKE THIS