2. A COLLABORATIVE ATTITUDE

Becoming an entrepreneur may seem like a solo endeavour, but in the franchise world it’s a different story. Franchising is a wholly collaborative venture; that’s why you often hear franchisees referred to as partners.

Your ability to work side by side with your franchisor will dictate how seamless the operation runs. Every franchisor will welcome feedback and advice, but compromise is an inevitable aspect of business.

Remember, you aren’t competing with your franchisor or other franchisees in the network. Your success is their success.

“The best franchisees understand that if the group is doing well, they will do well. Rather than competing against fellow franchisees, it’s more productive and mutually beneficial to actively collaborate within their network and especially with the franchisor,” Tim says.

“Ongoing communication both ways is vital to encourage collective growth and success.”