I am a
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Franchise owner

Franchise owners are self-employed people who buy a licence to operate a business under an established company's brand.

Average annual salary

Variable

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Entry Requirements:

You can get into this job through:

  • a college course
  • applying directly
  • training with a professional body

Entry requirements:

College

There is no set entry route to become a franchise owner but it may be useful to do a relevant subject like:

  • Level 1 Principles of Business Start Up
  • Level 2 Certificate in Creating a Business Start up
  • Level 3 Certificate in Business Essentials

Entry requirements:

Entry requirements:

DirectApplication

You'll usually buy into a franchise then get training from the seller who is known as the franchisor.

You may find it helpful to get experience and skills in areas like:

  • basic accounting
  • sales and marketing
  • managing people
  • customer service

OtherRoutes

You could do business training courses with a professional body to prepare for taking on a franchise.

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Required Skills:

Digital skills : to be able to use a computer and the main software packages competently

Skills:
  • customer service skills
  • the ability to sell products and services
  • leadership skills
  • excellent verbal communication skills
  • business management skills
  • the ability to accept criticism and work well under pressure
  • thinking and reasoning skills
  • maths knowledge
  • patience and the ability to remain calm in stressful situations
  • the ability to work well with others
  • to enjoy working with other people
  • sensitivity and understanding
  • knowledge of teaching and the ability to design courses
  • the ability to monitor your own performance and that of your colleagues
  • the ability to think clearly using logic and reasoning
  • knowledge of English language
  • the ability to understand people’s reactions
  • active listening skills
  • a desire to help people
  • the ability to work well with your hands
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What you'll do:

Franchise owners are self-employed people who buy a licence to operate a business under an established company's brand.

In your day-to-day tasks you could:

  • apply franchise branding, signs, logos and colour schemes
  • order stock or resources
  • attract customers and build up sales
  • keep accurate records
  • train and supervise employees
  • comply with health and safety regulations

Location : You could work in an office, from home or at a store.

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Salary:

Starter : variable
Experienced : variable

These figures are a guide

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Working hours:

40 - 42 hours variable

Working Pattern is freelance / self-employed managing your own hours

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Career Path:

Once your business becomes established you may want to open more franchises.

You could hire managers to run the day-to-day work of the stores. This means you could then concentrate on managing the growth of your chain.

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