Selecting The Best Franchise Candidates
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:
- Do background checks,
- Find out if the applicant can read a balance sheet and
- Understands the basics of running a business.
But just because a candidate knows these things doesn't necessarily mean they do what's needed to be successful.
De-selecting Unsuitable Franchise Applicants
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:
- Resist the advice of the franchisor.
- Act in an insensitive or uncaring manner, or avoids tasks and situations involving interpersonal interaction.
- Won't work consistently and intensely, even in the face of adversities that he/she may encounter as a franchisee.
- Engage in unlawful, unethical or otherwise dysfunctional ways while managing their franchise.
