Franchise News
Successful Franchisees Share 4 Lessons
Forbes contributor, Kate Harrison, had the chance to speak to eight franchisees, including three from Batteries Plus Bulbs, and learned 4 tips that helped each of them succeed.
With the number of franchise brands ever increasing, it's nice when new franchisees can learn from those who came before. To help her understand what contributed to a franchisee's success, Forbes contributor, Kate Harrison, spoke to eight franchisees, including three Batteries Plus Bulbs franchisees.
The tips focus around these four topics:
- Your "people" are your link to customers, and need to be treated as well as customers.
- Make sure you focus on the financials and model worst case scenarios.
- Network with other franchisees and create an open dialogue.
- Find your work/life balance.
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