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Franchise Ownership Success Starts With Great Training

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Franchise Ownership Success Starts With Great Training

By FranchiseKing, Guest Blogger
Published: April 15, 2014

When you buy a franchise, you’re paying for the right to use the franchisors proprietary systems. Some of these include their marketing systems, computer and software systems, inventory management systems and more.

But, you won’t be able to use any of their business systems unless you know how to use them. That’s where the franchisors formal training program comes in. It’s part of what you’re paying for when you purchase a franchise

Are Franchise Training Programs Good?

I can’t think of one occasion in which a client of mine told me the training they received from their franchisor was disappointing. But, since this is your money we’re talking about…it’s you that will be buying the franchise, it’s important for you to make sure the training you’ll receive from franchise headquarters will be good. Here’s how:

Call existing franchisees of the franchise concept you’re thinking of buying and ask them to share their views on the training they received. It should be part of your due diligence.

Types of Franchise Training

These days, technology plays a major part of company training programs. Expect the franchisor to utilize technology in their training program.      

One way franchisors use technology to train their franchisees is to have some setup online. That’s right: Part of your training may be online. I’ve seen franchisors do what’s called pre-training online. Pre-training takes place a few weeks before you arrive at franchise headquarters for in-person training. I’ve found pre-training to be a great way for new franchisees to get their feet wet and have a head start on what’s to come when they arrive at headquarters for more intensive formal training. 

The formal, in-headquarters training will end up having the biggest impact on you. The training that takes place at headquarters is pretty intensive. It’s designed to prepare you for all of your day-to-day activities as a franchise owner. You’ll go through the entire operations manual. You’ll be trained on things like:

·        Computer systems

·        Inventory systems

·        Point of sale systems

·        Payroll management

·        Sales

·        Marketing

·        Advertising

·        Customer service *

You’ll learn a lot in a short period of time. (Training programs at franchise headquarters are usually 3-5 days in length)

If the thought of learning everything about running your new franchise business in a few short days sounds overwhelming, you’re not alone. Every franchisee before you thought the same exact thing, and their businesses are up and running. Yours will be too.

You could always ask some of the existing franchisees if the training they received prepared them to open and run their businesses adequately. The answers you get will give you a good idea of the quality of the franchisors training program. And, you’ll get a good idea of what to expect as a new franchise owner early on in your business. 

Franchisors want you to be successful. They know you’ll be apprehensive in the weeks and days before you actually open. Their training programs are designed to make sure you’re ready.

*Non-US Government link.

About the Author:

Joel Libava

Guest Blogger

The Franchise King®, Joel Libava, is the author of Become a Franchise Owner! and is a franchise ownership advisor. He shows people how to carefully choose and properly research franchises.   

Comments:

Jodhpur Trends is leading Industrial furniture India manufacturer and exporter with wide range of furniture collections like beds, tables, chairs, etc [This post was edited to remove a link. Please review our Community Best Practices]
so nice, tks for your sharing
One type of franchise business is network marketing. Unlike other franchise businesses, network marketing has a very low start-up cost (typically below $500). The products and marketing materials have already been developed by someone else and you are just the messenger that informs potential customers and business partners about the products and business opportunity. However, as the article above aptly points out, great training is often the difference between success and failure. Its why I emphasize comprhensive training in my business. Take a look to learn more: [This comment was edited to remove a link. Please review the Community Rules of Conduct for more information.]  All the best to your success, Jackie
Thanks The Franchise King for sharing so a grate thought. It is very useful for the beginner
Such training like franchise training can be very useful in the long run of business. If the training is good & level of exposure is good then what else one can ask for.
I agree with you. Franchise is growing business and it is easy to start.
Proper training is the key. I think every businessman should know the proper way on how to handle and run a business. Also, I know in general that businessmen are really educating themselves in order to for investment to grow.

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