Owning a franchise isn’t for everyone. If you’ve been considering these business opportunities, it’s important to be honest with yourself about what your goals are, why you want to own a franchise, and how much work you are willing to put into it. The Beauty Square franchise team meets with potential franchisees to help them determine if they are the right fit as a franchise owner. There are some traits that we look for in people exploring the possibility of opening their own beauty mall location.
Personality Traits of Successful Franchise Owners
They are self-motivated and highly driven.
When you are a franchise owner, you are going to be in charge of your business. That means if things need to get done, you are probably going to be the one to do them. If you aren’t, you’ll need to be the one that follows up on the delegated tasks. That means you need to be self-motivated because there won’t be a boss there behind the scenes urging you on. The most successful franchise owners are the ones who are driven by their own success and don’t need someone telling them they are doing a good job.
They aren’t afraid of hard work.
Being a business owner is a lot of work. Being your own boss is a great thing, but that doesn’t mean you’ll be able to just kick back and collect a paycheck. In fact, most franchise owners put in long hours and do a lot of work for their business, especially in the first few years of the business. Fortunately, the payoff is almost always worth it. You’ll need to be prepared to work hard, though, while your business builds and you can find great people to work for you.
They want to help others succeed.
Being a franchise owner of a beauty mall is all about helping the people around you succeed. Whether it’s your own office staff or the beauty professionals who are filling up the suites in your beauty mall, the more they succeed, they more you will, too. You’ll need to be the kind of person who gets excited about seeing other people find success in their business. If they aren’t, you should be proactive about figuring out what’s going wrong and how you can help them succeed.
They love working with a team.
If you get excited about working with a team, you could be a great franchise owner. While it’s true that you’ll spend a great deal of your time working as an independent business owner, there will be plenty of times that you’ll work with a team, too. That includes the Beauty Square franchise team who will offer support before and after you open your beauty mall doors. You’ll also work a lot with your own internal team on the daily tasks of running your business. Team players who can also work independently are great franchise owners!
They don’t mind wearing a lot of different “hats.”
When you own your own business, you’ll end up doing a lot of different things. You’ll be part salesperson, part accountant, part marketing department, and even part janitor on a daily basis. You should enjoy doing a variety of tasks, knowing that everything you do will directly affect the success of your business. Don’t feel like you are above any task; even the most successful CEO should pitch in on seemingly menial tasks if it will benefit their business! It sets a good example for the people working for you, too.
Do You Have What it Takes to be a Franchise Owner?
After you’ve read the list of some of the things that we look for in potential franchisees, it’s time to seriously evaluate yourself. Do you fit the profile of the kind of person we want to run a beauty mall franchise? Would you be the right fit for these business opportunities? If you think that you are and want to explore the option with us further, we’d love to talk to you. Contact our team by giving us a call or filling out the contact form on our website. We’ll give you more information on our beauty malls and how you can become a part of our team!