How to Get Started in the World of Franchising with Rebecca Monet » Succeed As Your Own Boss
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Rebecca Monet is CEO and main scientist of Zorakle Profiles and co-host of The Franchise Female podcast Where by Passion & Reason Collide. Rebecca has been in the franchise consulting and psychometric assessment company because 1993. Acknowledged for her uncanny ability to draw overall performance correlations, she is fascinated with neurology, neuroeconomics, and human effectiveness as it relates to small business achievement. Monet is the inventor of the meta-analysis methodology utilised in Zorakle’s SpotOn! Profile and SpotOn! Eclipse Reports which categorically review possible franchisees to a franchise system’s top performers. The Zorakle instruments have served 1000’s of people today desiring to have their have organization come across a appropriate-in good shape franchise process.
Rebecca joins us currently to share her story and her skills in the entire world of franchising. We chat about the added benefits of franchising vs starting off from scratch, this kind of as lessen possibility of failure, team shopping for electric power with other franchisees, and less complicated accessibility to funding. We talk about some of the things you need to consider when seeking into a potential franchisor, like your alignment with their values and society, their stage of advancement, and irrespective of whether you may have a related individuality to other higher-executing franchisees in the firm. We also share some recommendations for achievements, these kinds of as owning the suitable group to get you started off, being familiar with that the franchisor is there to help you, and speaking to other franchisees to get a really feel for your potential healthy just before deciding on a franchise.
“The tagline of franchising is ‘You’re in organization for your self, but you are not in business enterprise by on your own.’” – Rebecca Monet
Hear to the podcast down below:
This 7 days on SmallBizChat Podcast:
- Franchising vs setting up from scratch
- What you need to have to know when contemplating franchising
- What sort of team you should really have with you
- Knowing the sort of small business awareness essential to get into franchising
- Guidelines for achievement for franchisees
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