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

TruBlue Home Service Ally

Be a Community Hero: How TruBlue Franchisees Are Changing Lives Beyond Business

be-a-community-hero-how-trublue-franchisees-are-changing-lives-beyond-business

Caring Transitions

Caring Transitions Wraps Up Record-Breaking Q3 With National TV Launches, Platform Growth and Key Leadership Promotion

caring-transitions-wraps-up-record-breaking-q3-with-national-tv-launches-platform-growth-and-key-leadership-promotion

SweatHouz

SweatHouz SWTHZ Franchise - Hunter and Mallory Mitchem - Franchisee Feature - 1851 Franchise

From Aerospace to Wellness: Hunter Mitchem’s Journey to a SweatHouz Empire

sweathouz-franchise-hunter-mitchem-6g

Onigilly Japanese Kitchen

Onigilly - Low Operating Costs Drive High Returns for Franchisees - 1851 Franchise

Maximize Your ROI: How Onigilly’s Low Operating Costs Drive High Returns for Franchisees

onigilly-franchise-fast-casual-franchise-opportunity

Layne's Chicken Fingers

What Is the Layne’s Franchise Disclosure Document, and What Will I Find in It?

laynes-franchise-disclosure-document

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

Bed Bath & Beyond - Franchise Expansion - Retail Strategy - 1851 Franchise

Bed Bath & Beyond Launches Franchise Model as Part of Comeback Strategy

bed-bath-beyond-franchise-expansion-retail-strategy

Senior Entrepreneurship - Franchising - 1851 Franchise

Senior Entrepreneurship Is Rising — And Franchising Is a Key Outlet

senior-entrepreneurship-franchising-silver-startups

U.S. Government Shutdown - Impact on Franchises - 1851 Franchise

Government Shutdown Stalls SBA Loans: How the Shutdown Could Impact Franchises

government-shutdown-impacts-sba-loans-tourism-franchises

Subway Franchisees Resist Expensive Remodel Directives

subway-franchisees-resist-expensive-remodel-directives

The American Franchise Act: What It Means for Franchisors and Franchisees - 1851 Franchise

The American Franchise Act: What It Means for Franchisors and Franchisees

american-franchise-act-joint-employer-standard

image  of Happinest franchise collection and all their brands that work together. 

The Happinest Advantage: A Marketing Partner Invested in Your Bottom Line

happinest-franchise-marketing-strategy

Baker McKenzie: A Global Law Firm with a Leading Franchise and Brand Expansion Practice

baker-mckenzie-a-global-law-firm-with-a-leading-franchise-and-brand-expansion-practice

A Practical Playbook: Who To Call First When Franchising Your Business

franchising-your-business-who-to-call-first

Ty McBride on Turning Preservan Into a Franchise: No Shortcuts, Just Persistence

ty-mcbride-on-turning-preservan-into-a-franchise-no-shortcuts-just-persistence

Top Education Franchises To Consider for 2025 - 1851 Franchise

Top Education Franchises To Consider Investing In for 2025

top-education-franchises-investment-opportunities

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

Top Early Childhood Education and Child Care Franchises for 2025 - 1851 Franchise

Top Early Childhood Education and Child Care Franchises for 2025

early-childhood-education-child-care-franchises

1851 Franchisee Spotlight graphic with photo of Barb Volk and KidStrong logo

Why This Orangetheory Fitness Franchise Owner Is Developing KidStrong Franchises

kidstrong-franchise-owner-barb-volk-2025

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 Arts and Creative Learning Franchises for 2025 - 1851 Franchise

Top Arts and Creative Learning Franchises for 2025

top-arts-creative-learning-franchises

Philip Schram: Lessons Learned in Franchising

MORE STORIES LIKE THIS