In these turbulent economic times, successful businesses stand out like a sore thumb. Creative, ambitious observers feel that they too could have launches such an attractive franchise, if only they had put their minds to it.
However, it takes more than just a good idea to build any business; it requires, patience, research, good people skills and leadership. Paul Vento, a small business entrepreneur and owner of Transworld Business Advisors, recently offered some advice to those looking to take the leap.
“Have a list of really good question that help you vet the specific franchising opportunity you are looking into,” he suggests. “You want to find out up front whether this franchise is right for you and what you are looking to achieve.” He adds, “If you think you know everything, then why are you entering into this business? To be successful in any venture, you need to ask the right questions before going into it and then be prepared to listen to answers.”
He continues, explaining that a successful entrepreneur knows his or her strengths and uses them to find a suitable niche.
Finally, “Your success is a direct outcome of your drive, your passion, and your commitment. It is not that of the franchise itself. It is ultimately you,” Vento says.