{"id":12367,"date":"2022-01-21T10:19:52","date_gmt":"2022-01-21T10:19:52","guid":{"rendered":"https:\/\/www.franchiselocal.co.uk\/news\/?p=12367"},"modified":"2022-03-30T15:54:45","modified_gmt":"2022-03-30T14:54:45","slug":"running-a-successful-franchise","status":"publish","type":"post","link":"https:\/\/www.franchiselocal.co.uk\/news\/running-a-successful-franchise\/","title":{"rendered":"How To Run A Successful Franchise: Tips And What To Expect"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #101010;color:#101010\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #101010;color:#101010\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/running-a-successful-franchise\/#how-do-you-run-a-successful-franchise\" >How do you run a successful franchise?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/running-a-successful-franchise\/#choosing-a-franchise-that-suits-you\" >Choosing a franchise that suits you<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/running-a-successful-franchise\/#make-a-plan\" >Make a plan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/running-a-successful-franchise\/#positive-rapports-make-positive-results\" >Positive rapports make positive results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/running-a-successful-franchise\/#give-it-everything-youve-got\" >Give it everything you\u2019ve got<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/running-a-successful-franchise\/#dont-underestimate-the-importance-of-customer-service\" >Don\u2019t underestimate the importance of customer service<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/running-a-successful-franchise\/#branding\" >Branding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/running-a-successful-franchise\/#start-running-your-own-successful-franchise-today\" >Start running your own successful franchise today<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p><span style=\"font-weight: 400;\">Buying a franchise is the easy part, but making it successful is where things can get tough. Franchising is a great way to get involved in the business world, but success isn\u2019t guaranteed.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A lot of contributing factors will determine how successful your franchise becomes. Things like the type of business, and how they deliver their business offering have an impact, but there\u2019s also the commitment, passion, and determination of the franchisee that can underpin its success.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"how-do-you-run-a-successful-franchise\"><\/span><span style=\"font-weight: 400;\">How do you run a successful franchise?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">This is the question we all want answers to. We\u2019ve found that the answer is best separated into a few important areas that we\u2019re going to discuss in further detail.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In truth, there are a number of things that will determine a franchise\u2019s success. However, one key thing that applies to each of these areas is that a successful franchise is a product of what you put in yourself. It requires your full attention and effort to build a franchise that gives you what you want from it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are some of the key areas that we think you should focus on that will help your franchise grow into something profitable and successful that you can be proud of.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-12368 size-full\" title=\"computer online tech franchise\" src=\"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2022\/01\/computer-online-tech-franchise.jpg\" alt=\"How To Run A Successful Franchise\" width=\"1280\" height=\"830\" srcset=\"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2022\/01\/computer-online-tech-franchise.jpg 1280w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2022\/01\/computer-online-tech-franchise-300x195.jpg 300w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2022\/01\/computer-online-tech-franchise-1024x664.jpg 1024w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2022\/01\/computer-online-tech-franchise-768x498.jpg 768w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2022\/01\/computer-online-tech-franchise-150x97.jpg 150w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2022\/01\/computer-online-tech-franchise-600x389.jpg 600w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2022\/01\/computer-online-tech-franchise-696x451.jpg 696w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2022\/01\/computer-online-tech-franchise-1068x693.jpg 1068w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2022\/01\/computer-online-tech-franchise-648x420.jpg 648w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2022\/01\/computer-online-tech-franchise-20x13.jpg 20w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"choosing-a-franchise-that-suits-you\"><\/span><span style=\"font-weight: 400;\">Choosing a franchise that suits you<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Before you even buy a franchise, you need to choose which one to buy. This can be more difficult than you think &#8211; you shouldn\u2019t just jump at something you think looks \u2018cool\u2019 or is in a popular sector you don\u2019t have much experience in. Choosing the right franchise to buy is often where investors fall down.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In order to succeed, you need to understand that this is, in most cases, a full-time job. Therefore, it\u2019s important that you\u2019re willing to spend a lot of time working with the franchise to help it succeed. Because of this, we recommend choosing a franchise that relates to something that you\u2019re passionate about.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re personally invested in your work, you\u2019re more likely going to put the effort in, which then means you\u2019re more likely going to get the results you want. If you like<\/span> <a href=\"https:\/\/www.franchiselocal.co.uk\/industries\/food-franchises\/\"><span style=\"font-weight: 400;\">food and cooking<\/span><\/a><span style=\"font-weight: 400;\">, consider buying a restaurant franchise &#8211; this is just one example.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another factor to consider is location. For example, if you have children and can\u2019t easily and consistently commute to where your new franchise is based, then you might struggle to make as much impact as you would\u2019ve liked. If this is the case, you could try a <\/span><a href=\"https:\/\/www.franchiselocal.co.uk\/home-based-franchise\/\"><span style=\"font-weight: 400;\">home-based franchise<\/span><\/a><span style=\"font-weight: 400;\">. This highlights the importance of considering outside factors, not just what the franchise itself brings to the table.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Making a list of desirables will help you make an informed decision on what a franchise would need for you to buy it. The franchise has to be right for you, just as much as you have to be right for the franchise.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"make-a-plan\"><\/span><span style=\"font-weight: 400;\">Make a plan<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">This might seem like an obvious one, but planning is essential. I doubt there are many franchise businesses that have been successful without some sort of plan.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While some might work more instinctively than others, it\u2019s still worth having a plan either way. It will act as a set of blinders and will help you to refocus on your goals and the work you need to do to achieve them.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your plan could be to focus on some areas more than others. For example, you might want to focus on the financial side of things &#8211; you could even consider getting a franchise loan to help get things going and to get you established. Whichever areas you want to focus on, it\u2019s important to add some detail to your plan.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if you don\u2019t feel comfortable writing up an extremely detailed plan, it\u2019s still worth putting something in place to help guide your journey. You could have some goals that you want to work towards with your franchise &#8211; these are just as valuable as any detailed plan. Your goals show what you want to achieve in the end and will help you to create a roadmap to success. Setting achievable goals is a fantastic starting point.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"positive-rapports-make-positive-results\"><\/span><span style=\"font-weight: 400;\">Positive rapports make positive results<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Your relationships within the franchise you buy will contribute greatly to its success. Forging positive bonds with the people you work with will make your work a lot easier in many ways.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you establish yourself as someone who is approachable, then your coworkers and the franchisor will be more inclined to speak candidly with you. This will set the tone and encourage good and honest communication. By communicating effectively with those you work with, you\u2019ll be able to work through any issues a lot easier &#8211; this is key for any successful franchise business.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Being amicable with your colleagues and franchisor will also bring benefits. While this includes basic manners and politeness, we believe that a friendly demeanour will put your colleagues at ease and ensure they know you as someone they can trust and speak to openly. While this might not be possible 100% of the time, it\u2019s important to maintain a positive attitude that will foster positive interactions with those around you.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Communication works both ways, too. Keep in regular contact and give updates on what you\u2019re working on. If you say you\u2019re going to give weekly updates, then do just that. Sticking by your word will go a long way to earning the trust of your colleagues. Prove yourself to them just as much as you want them to prove themselves to you.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"give-it-everything-youve-got\"><\/span><span style=\"font-weight: 400;\">Give it everything you\u2019ve got<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If you\u2019re running a franchise for the first time, then it can be daunting. But, making that franchise successful, is a challenge in itself. However, like anything, it requires time, effort and commitment for you and your franchise to succeed.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Don\u2019t be under the illusion that your franchise will be an instant success &#8211; you need to be prepared to commit a lot of time to it. Franchises need just as much time put into them as any independent business. Because of this, it\u2019s important you settle into a routine where possible to help you maintain a positive work \/ life balance. If you come into work feeling worn out, you won\u2019t be as productive. Taking time off is often just as important as the time you work.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, showing your colleagues and franchisor that you\u2019re passionate and hardworking will galvanise them. Enthusiasm and passion are infectious, so make sure you\u2019re putting out positive energy and setting an example for people to follow.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"dont-underestimate-the-importance-of-customer-service\"><\/span><span style=\"font-weight: 400;\">Don\u2019t underestimate the importance of customer service<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Getting business is one thing, but retaining it is another. Customer service can be neglected these days, and its power is not to be underestimated.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It might be a basic practice, but it will definitely help you to keep customers happy and, therefore, keep them coming back. Simple things like thanking customers for choosing your business will go a long way. This will show that you appreciate each customer as much as the next and highlights how much you value them.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"branding\"><\/span><span style=\"font-weight: 400;\">Branding<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Chances are the franchise you buy will already have established branding and it\u2019s important you don\u2019t alter this too much. A recognisable brand is always good for business and it\u2019s one of the largest benefits &#8211; preserving the brand is essential to your success.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ideally, you want your service to be in harmony with your brand. Changing your service too much could put your brand at risk &#8211; you want people to look at your brand and instantly recognise what it is you do. Consistency is key when it comes to branding, and branding is far more than just marketing materials.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"start-running-your-own-successful-franchise-today\"><\/span><span style=\"font-weight: 400;\">Start running your own successful franchise today<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Use this advice and apply it to your own journey as a franchise owner. Franchise Local has a huge range of <\/span><a href=\"https:\/\/www.franchiselocal.co.uk\/industries\/\"><span style=\"font-weight: 400;\">franchises in various sectors<\/span><\/a><span style=\"font-weight: 400;\"> for you to choose from. Browse through our current franchises and buy a franchise today!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buying a franchise is the easy part, but making it successful is where things can get tough. Franchising is a great way to get involved in the business world, but success isn\u2019t guaranteed.\u00a0 A lot of contributing factors will determine how successful your franchise becomes. Things like the type of business, and how they deliver [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12368,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29],"tags":[],"class_list":["post-12367","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tips-advice"],"acf":[],"jetpack_featured_media_url":"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2022\/01\/computer-online-tech-franchise.jpg","_links":{"self":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/12367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/comments?post=12367"}],"version-history":[{"count":0,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/12367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media\/12368"}],"wp:attachment":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media?parent=12367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/categories?post=12367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/tags?post=12367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}