5 Ways to Prepare for Franchising Before the Holidays

Not many people want to be focused on work around the holidays.

For prospective franchisees getting ready to buy their first franchise, it’s an especially busy time of year as they prepare for the holiday season while trying to get ready to become a franchisee before things get busy.

That said, there are ways a prospective franchisee can work more efficiently before the holidays to ensure they can relax and enjoy the season.

Here are 5 Ways to Prepare for Franchising Before the Holidays:

1. Write your own franchise plan. Incorporate materials given to you by your potential franchisor, and begin to implement a plan of action. Be sure to not only detail how you want to run day-to-day operations, but also the long-term plans for the business.

2. Visit an existing franchise location. See how they operate around the busiest time of the year. If possible, try to take in the customer experience to find out what it’s like. Speak with the owner or manager if you can, as well, and note things you think you can do at your location to make things more efficient.

3. Determine your real estate. If you’re not a home-based business, you’ll need to lease or buy a property to house your franchise. By doing so ahead of time, you can try to negotiate and find a better deal than by leaving it for the last minute or over the holidays.

4. Talk to your family – before the holidays. Your family will need to know what to expect, now that you’re becoming a franchisee. They’ll need to know how busy you’ll be, but to also understand that with the freedom of entrepreneurship through franchising you’ll also be more flexible.

5. Focus. Focus on your key goals. How much sales do you want to do? Write it down. How to you want to treat customers? Add it into your plan. Overall, you need to be dialed into your business to ensure you come out ready for success in the new year.

To learn more about entrepreneurship through franchising, attend our free monthly webinar, Franchise Ownership as a More Stable Career Path. The webinar is free, but you need to pre-register, which you can do online by clicking on the linked seminar title.

You may also register by calling 866-246-2884.