There are a multitude of things that a franchisee has to worry about. One of the most common things put on the back-burner is what your employees really want from the job. Although getting a raise is great, it’s not always what an employee is looking for.
Finding and keeping employees with the right work ethic, experience, and commitment should be your number one priority as far as staffing goes. But what about once you hire the perfect employee: how do you keep them at your business for the long haul?
If you’re currently running a business, I’m hoping you’re staffed and ready for the holiday rush. Holidays, like for example Labor Day, Thanksgiving, Christmas, and Hanukah, are critical in having a successful business. A large portion of retail shops revenue will come from these shopping days and the weeks prior. Planning for these rushes should start months in advance; it’s advantageous to be prepared when shoppers start coming in hoards.
Franchising can be considered less risky. A lot of the ‘dirty work’ has already been completed for you and all you have to do it build on an already strong brand name. Depending on the type of franchise you buy, you may not get to choose (or need to) your location. But most retail franchisors do not make the final decision when deciding location; this is left up to the franchisee.