For many people, franchising is the perfect way to start running their own business. By joining an established brand and company, you can benefit from its buying power and customer loyalty while also having the freedom to control your day-to-day operations. This unique balance of support and freedom, promotion and individuality, makes franchising an excellent decision for many business owners.
However, the unique nature of this agreement means that specific characteristics are needed in franchise owners, more so than in those that run their own businesses. If you are interested in the idea of joining an established coffee franchise like Esquires Coffee, then check out these key traits that any successful franchise owner needs.
Whilst joining a franchise will help substantially towards making a positive start with your business, it’s rare that significant success happens overnight. As with any store, your franchise will take time to become an established part of the community.
it’s important to be fully committed to the franchise brand and have belief in the company you have chosen to join. Pick a franchise that matches your ambitions and values – for example, if sustainability and ethical trading is important to you, then Esquires Coffee is a great match. We establish lasting relationships with all of our franchisees, supporting them to ensure they reap the rewards of their patience and commitment in the long term.
2. Work Well as Part of a Team
One of the most vital characteristics of a successful franchise store owner is their ability to work well as a team in terms of operating the store, but also to remember that you are joining a larger, established company that has developed business methods. This teamwork mentality is a great asset, ensuring you can work collaboratively with an established brand such as Esquires Coffee, benefitting from its years of experience and market knowledge. Many of the systems already in place have been tried and tested, saving franchisees from making any costly mistakes.
3. Business Savvy
Good business sense means you’re able to filter the good decisions and ideas from the less sensible ones, in order to do what’s best for your business. Whether you’re opening a brand-new store or a franchise, business experience and industry knowledge will go a long way to negotiating the pitfalls of day-to-day business operations.
This need for sound business knowledge is another reason why franchising is becoming an ever-more popular option for business owners who are just starting out in the industry. Here at Esquires Coffee, our Operations Team will provide ongoing support to your store, helping you to overcome any hurdles with the backing of many years of experience in the industry. This gives franchisees the confidence they need to succeed.
4. Boundless Enthusiasm
There are few things more exciting than running your own business – that’s probably why you’re reading this article! You will be surprised how far your enthusiasm for the project can take you regarding making a success of your franchise. We want to work with people who are just as excited about coffee as we are, and this enthusiasm will help make your store your own, bringing energy to motivate the staff around you and also inspiring your growing customer base.
5. Organisational Skills
Required to ensure the smooth day-to-day running of your business, excellent organisational skills are vital for success. While established franchises like Esquires will help create systems to make your store more efficient, you will still be required to ensure operations run smoothly each day. Being well organised is not only good business practice but it will also help you relax and enjoy operating your store, knowing that everything is checked and in order.
These are some of the key traits found in all successful franchise owners. If you are considering franchise opportunities, then Esquires Coffee could be the perfect coffee shop for you. With a sustainable ethos and community spirit, our stores become the life of their communities, and you could be a part of it! If you want to know more about the unique nature of franchising, why not check out our blog below?
How to Create a Coffee Shop Business Plan
We share our advice for those wanting to start their own coffee shop with our top tips for creating a business plan. Discover why they are essential and how to write one.
Our Favourite Coffee Shop Food
Discover our top picks from our Esquires Coffee shop menu, including our popular vegan alternatives! Morning or noon, we have a range of food on offer.
Choosing the Right Location for Your Coffee Shop
We provide our top tips on how to select the best shop location when starting a coffee business, including understanding customer demographics.
A Day in the Life of One of Our Franchise Owners
We discuss the day to day life of being a franchise owner and explore the many benefits of franchising with Esquires Coffee if you want hands-on experience!
Trends of the UK Coffee Shop Industry
Our latest updates on the coffee shop industry and what to expect from consumer demands to innovative ideas!
What to Look for in a Sustainable Franchise
Ahead of Fairtrade Fortnight, we look at the characteristics of a sustainable and fair franchise. If you want to join a franchise with equality at its heart, why not consider Esquires Coffee?
Becoming a Barista: Tips for Beginners
The art of making great coffee is becoming increasingly popular, but there are many skills that you need to learn! Check out our guide for hopeful baristas.
A Guide To Types of Coffee Drinks
Are you aware of the different types of coffee drinks? From the Americano to the latte, read our beginners guide to coffee drinks!
Meet Our Team: Life as an Esquires Coffee Franchisee
Gain insight into the reality of being a franchisee in our interview! We talk about daily life, future plans and what support to expect from Esquires Coffee!