Do You Have What it Takes to Be Successful as a Franchise Owner?

Do You Have What it Takes to Be Successful as a Franchise Owner?
By Steve Hockett
FranchiseTrade.com

Have you ever wondered if you have the personality and skills to be a successful franchisee? There are over 1500 franchise companies operating in the US, each requiring a plethora of different skill sets in a franchise owner.

I've heard some companies say they have many franchisees who came from corporate downsizing, former CEOs and CFOs and such. Others claim they don't want franchisee candidates with too much structure. Some companies want a marketing and sales background and others prefer someone without preconceived ideas so they can train that person in their system, their way.

Confusing? You bet! But there are a few key characteristics that you should be aware of to determine if franchising could work for you. Are you cut out to be a successful franchise owner? Consider the following:

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