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Qualifications You Need to Invest in and Open a Franchise Business

May 21, 2019 8:00:00 AM / by Steve Schultz

We understand that our franchisees don’t always have prior specific industry experience that is an exact match to what you’ll be doing as one of our franchisees, or an extensive franchising resume – and that’s fine. Our goal is to offer an easily-accessible franchise opportunity that suits a wide range of personalities. However, we do look for certain characteristics in our franchise candidates. If you’re looking to start a franchise business with us, you should be prepared to demonstrate a willingness to learn and ask questions, possess outstanding self-discipline, be a good communicator, and quickly adapt to our business model. Furthermore, we look for franchisees that come from a finance industry background. Read on to learn more about the qualities we look for in the ideal franchisee.

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Eager to Learn

Our franchisees should not only be diligent workers who take initiative, adhere to our guidelines, and take direction well, but also be motivated to learn on their own and conduct independent industry research. We make this easier by offering an array of resources for new franchisees, including webinars and instructional materials, a network of fellow franchisees, and a support team equipped to help you tackle most issues. Even if you do have some prior knowledge of business ownership, you won’t know everything, and that’s ok. We expect our franchisees to ask for help where needed and show an enthusiasm for continuing their education process even after their franchise business has opened its doors.

Self-Discipline

Since we are a remote, home-based franchise business, it’s important that you understand how to effectively manage your own time. While many franchisees love the flexibility afforded by remote work, working remotely also requires intense motivation, and the ability to adhere to a strict, rigorous work schedule.

Communication

Relationships are immensely important in any business, whether it’s maintaining a good rapport with clients or with employees. Developing a transparent, honest relationship with your bookkeeping clients is crucial to the success of your franchise. You will often need to communicate instructions, goals, and feedback to clients. Clients expect timely replies and clear explanations, and your ability to deliver this will go a long way to building long-term business relationships, and keeping operations running smoothly. Through solid communication skills, franchise owners are able to cultivate trust in their franchise business and loyalty among clients and employees.

Ability to Follow our Business Model

Many entrepreneurs choose a franchise business over starting an independent business from scratch because of the built-in business model. We provide franchisees with a turnkey system, including operations manuals and a set of procedures, serving as an important framework for new business owners. You must, however, be willing to follow this framework. Trust that we’ve been there before, we understand the obstacles, and know how to overcome them. If you do follow our system and trust in our process, our business model will maximize the performance of your franchise.

If you believe you fit our description of an ideal franchise candidate, and are eager to prove it with your own bookkeeping franchise business, contact us today to learn more.

Topics: franchise business

Steve Schultz

Written by Steve Schultz