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To be a successful franchisee, you don’t necessarily need to have industry-specific experience. Instead, a general set of business skills and hard work can drive your franchise’s success. Additionally, many franchisors will provide initial and ongoing training to their franchisees to teach industry and brand-specific skills. The following is an outline of some of the fundamental business skills you’ll need to have to make your franchise flourish. Time Management Getting your franchise up and running is more than a full time job. For the first few years you’re going to be working hard to get everything in place. And even though you already have the policies, branding and procedures from your franchisor, you’ve still got a lot of work to do. A [read more…]

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