Posts Tagged ‘personal traits’

Personal traits

When you are looking for a franchise to invest in, you will surely be invited for a short interview to learn why you are interested in one. In some occasions, you may also be invited to take a personality assessment.

The personality assessment held by a franchisor is aiming to profile franchisee candidates in order to determine whether a candidate is suitable or best fit for the franchise. The premise: The best-fit franchisee candidates will likely to succeed. In other words, the franchise units managed by the suitable franchisees will have lower risk of failure.

As I mentioned…

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Birds on line

Franchising offers an opportunity for a budding entrepreneur to shortcut into entrepreneurship. Unfortunately, franchising is not for every entrepreneur.

Not all entrepreneurs can be a good franchisee – This is a fact you and I can not deny. Forcing your way into franchising can only eventually result in two exits: Struggling franchise units and going out of business.

Why entrepreneurs struggle as franchisees

By nature, born entrepreneurs are creative but having difficulty in following rules, as they think rules were made to limit their creativity. They like to play with their own set of rules and love…

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