Should You Be a Franchisee 5 Questions to Ask

Should You Be a verkaufskonzessione 5 Questions to Askleistungspunkt Brian A Jackson/Shutterstock Many geschftlicher umgang owners thrive on starting their own business, but leid every entrepreneur needs to start from scratch. Thats where franchising comes in. Franchising can be a good opportunity for those who want to manage a business but dont want to come up with the business idea and build a company from the ground up.The benefit of a lizenz is that its a business in a box, said Harriet Mills, CEO of Wine Design. Everything is done for you. You basically just have to train and market in your community. However, its important to keep in mind that if the concept fails or the market turns, your business fails too, Mills added.Someone who is involved in their community and willing to work hard and take a business to the next level is the type of person who makes a good franchisee, said Mills.Franchising is a great route for candidates that dont want to r einvent the wheel and want to follow a system, added Steve Jackson, CEO of pizza chain Hungry Howies. Someone who is a kollektiv player will work with a franchise system towards success.If you think you fall into that category, you need to ask yourself some questions before taking the plunge and purchasing a franchise.Editors Note Considering opening a franchise? If youre looking for information to help you choose the right one, use the questionnaire below to have our sister siteprovide you with information from a variety of vendors for free1. Do I want to grow a business, rather than build one from scratch?Some entrepreneurs want to bring their own unique ideas to life from conception to realization. Others would rather take someone elses idea and further develop it. If you fall into the latter category, franchising might be a good option for you.As a franchisee, you are in the business of growing a business, said Terry Powell, entrepreneur and visionary founder at The Entrepreneur s Source. It may not be necessary to have past knowledge of the industry youre entering into, but it is necessary to follow the systems put in place and drive toward constant growth.2. Am I willing to follow rules?Franchisees succeed when they adhere to the guidelines set in place by their parent companies, said Chris Conner, franchise consultant with Franchise Marketing Systems. The ideal franchise candidate has the skill set to be an entrepreneur but the makeup of a solid employee someone whos willing to run a business according to the established system, he said.Franchisees typically have good credit scores, pay their bills on time and were usually good students, Conner said. They are comfortable with structure and rules.3. Do I have specific goals in mind?Powell said that good franchisees have set goals, needs and expectations, and know how they can leverage the business as a vehicle to meet those aspirations.It is not about having a love affair with the product or service. It is about what the business can do for you, Powell said.4. Can I afford the financial risks?Conner said new franchisees often make the mistake of believing that all the risk has been franchised out of the business, so they cant fail.Franchises provide security, optimal opportunity, mentorship and many benefits to franchisees. But in the end, it is still a business, which always comes with the potential for failure, he said. Always take the worst-case examples into account.5. Do I have a business mentor I can turn to?As a franchisee, youll benefit from the training and support of your parent company, but no matter what industry or type of business youre in, you should have a trusted mentor or coach to rely on for help and advice.A coach can be a great sounding board and help you see beyond your blind spots to challenge you to look at things from a different perspective, Powell said. Whether consulting a business owner or an alternative-career coach, do not be afraid to ask for help. Ask questions like the ones above before investing in a franchise. Self-evaluating yourself before purchasing a franchise can help you make a plan of action.Strategies are always essential for success, said Mills. This ensures you always have something to work towards as a goal or exit plan for your everyday life.These are some other questions you can ask yourself while you strategizeHow much time will I be putting into my franchise?Do I need to hire a manager?How much money do I need to make the franchise successful?How long do I want to own this franchise?For more insights on the current franchise market, visit this geschftlicher umgang News Daily article.Additional reporting by Nicole Fallon. Some source interviews were conducted for a previous version of this article. Jennifer Post Jennifer Post graduated from Rowan University in 2012 with a Bachelors Degree in Journalism. Having worked in the food industry, print and online journalism, and marketing, she is now a freelance contributor for geschftsleben News Daily and Business.com. When shes not working, you will find her exploring her current town of Cape May, NJ or binge watching Pretty Little Liars for the 700th time. 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How to Keep Track of Job Applications 7 Tips to Keep Organized - Jobscan Blog

How to Keep Track of Job Applications 7 Tips to Keep Organized - Jobscan BlogPosted on November 10, 2016October 23, 2018 by James Hu During the job application process, you might end up applying for dozens of jobs. With so many opportunities and months of wait time to hear back about positions its only natural to get a little confused. The worst-case scenario you get a call about a position you cant exactly remember, you panic, and then you ask, Which job is this for?Dont let that happen to you. Keeping track of your applications isimperative, sotrack the jobs for which youve applied and your follow-up responses using these seven tips.1. Write down a list of your contact informationFor an efficient job search, its useful to make a list of contacts, your communications with these people, and the strength of your relationship. One place to get this information in order is on the zugnglich career management tool JibberJobber. There, you can track of every job application, as well as m aking lists of information about useful contacts in your application process.2. Make lists of where youve appliedAn Excel spreadsheet can help you stay organized in your job application process. Making tables of the company name, contact information, contact, position for which you applied, and date the application was submitted can save you time and energy in the long run.3. List jobs to which you plan to applyYou dont want to miss applying for a position you want because you missed the application due date. Plenty of career searching websites let you save positions for which you want to apply. The popular job searching website Monster even has a mobile app that lets you search and save positions on the go.Screenshot of the Monster Job Search for iPad dashboard which can help organize each job application.4. Keep a separate list of applications you havent finished yetYou also want to keep a list of applications youre working on, but you havent yet finished. In your list, make sure youve musiknoted the organization, the due date of the application, the materials you have finished, and the materials you have left to complete. If you work on applications across several computers, you might want to have this spreadsheet on the cloud, perhaps on the long-standing favorite, Google Drive.5. musiknote which optimized version of your resume you sent whereBefore you send out a resume, you want to make sure your keywords match those on the job posting. To do this, you can optimize your resume with Jobscan, which pulls keywords from job postings that you can use in your resume. Once youve sent out resumes, however, you want to make sure you know which resume versions youve sent to which companies. As you optimize your resume for each job posting, you can keep a list, likely in a folder in Microsoft Word, detailing which company youve senteach resume type to.6. Make notes about timelines youve had with contactsAfter you apply or after an interview, its important to be per sistent with your potential employer. But you certainly dont want to annoy your contact with too many communications. Thats why its so important to keep notes about your contact, probably in another column of the spreadsheet you made to keep track of each job application and interviews. Write down who you talked to and when, so you can follow up again in a timely fashion if you havent heard back from your contact in days.7. Track conversations with contactsIt can be particularly useful to make notes aboutconversations youve had with contacts or hiring managers at an organization. Keep these notes in your spreadsheet log. Then, when you follow up in a timely and well-catalogued way with an email, youll also have notes about what you talked about with the hiring manager previously. If you mention why youre writing and note what the two of you talked about before youll be on your way to crafting a memorable follow-up.Whether your preferred method of tracking every job application is through an Excel spreadsheet, a mobile app, or both, its important to keep abreast of your materials. A failure to follow up after an application has been submitted or missing the deadline for an application could be the difference between landing a job or staying unemployed.Facebook Commentswpdevar_comment_1 span,wpdevar_comment_1 iframewidth100% important