One of the biggest challenge you face when selecting the best franchisee for your chain is... do they have the "right stuff".
There are a lot of tools and services readily available that will help you:
But just because a candidate knows these things doesn't necessarily mean they do what's needed to be successful.
Why waste your time interviewing applicants that simply don't have what it takes to be a franchisee? You know what I mean. Those that:
Do any of these sound familiar? If you've chosen the wrong person to run the store as a retail manager, you'll be experiencing at least one of these symptoms.
“It was a set-up. You know how it goes. A friend of a friend thought that we would be perfect for each other. And we were…at first.
When we met, we hit it off right away. He knew what I wanted to hear; he had all the right answers. He knew what I was looking for.
In the beginning of our relationship, he was perfection. Anyone who met him was instantly taken with his charm and was quick to tell me how attentive he was. No glass was left empty; every wish was fulfilled. I was thrilled. “Finally!’ I thought. “I´ve found the server of my dreams!’
Dishonest employees are devastating to businesses; a Department of Commerce study revealed that one-third of employees steal from employers.
All told, American businesses lose more than $200 billion annually to employee theft. This does not include additional losses caused by illegal drug use, poor work ethic, behavior problems or poor performers on the job.
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