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- Learn about
franchising as a subject. Read books, attend seminars, etc,
and become familiar with terminology,
- Before
becoming engrossed in the details of the franchise itself, you
should consider your own strengths and weaknesses and decide
whether you have the right temperament and capabilities for
self-employment,
- Examine your
motives for going into business. You need perseverance to get
through the early stages which, even with the best of franchises,
can be stressful at times. Be realistic when considering your
own capabilities and long term ambitions,
- As a
potential franchise owner, you should feel confident that you are
right for that type of business. If you don't mix easily with
people, and are diffident about selling, you probably won't be a
success in a business with a lot of customer and sales contact,
- You will need
the support of your family and should discuss your plans with them.
They should be aware that your business can mean long hours
and financial commitment.
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