What Makes a Franchise Owner a Great Leader | VetCor

While being a franchise owner is about being your own boss (a huge perk), there is also a major leadership component to the role—which is why veterans often make such great franchisees.

Veterans are no stranger to the things that make great leaders, as many have had to take on leadership roles themselves. However, we wanted to take a moment to put a few franchisee-specific leadership qualities into words so you can make sure you are taking the best approach possible to guiding your team.

Qualities That Franchisees Possess That Make Them Great Leaders

They are accessible to their staff. A sense of connection is integral to the franchise system, and being connected with your staff is a great way to foster this. Being accessible means more than just saying hello every morning—make sure your staff knows they can feel comfortable coming to you with their thoughts and feedback, and that their opinion matters to you and the franchise system as a whole.

They are knowledgeable about the business. While you will certainly do your research during the time leading up to buying your franchise, it is important to continue to do research no matter how long you have been in the business. Keeping track of your own location’s numbers and margins, as well as industry trends as a whole, is a great jumping-off point for developing new ideas and increasing the efficiency of the operation.

They are transparent about their flaws and blindspots. Leading with authenticity has become a popular notion recently, and it is one that leaders are definitely wise to embrace. No one is perfect—even franchisees who have been in the business for years still have things to learn—and your staff will be far more responsive if they see their leaders acknowledging that. We all have blind spots and room to grow, so lead authentically and let these gaps in your knowledge guide you on where to be better.

They are passionate about improving. Letting passion be your guidepost in leadership will transform everything you do—especially if your passion is in regard to improving. Let passion guide you to innovate, be creative and think of ways you can make your franchise better and see where it can take you.

Are you ready to put your leadership skills into practice? We’d love to chat! Contact us today to learn more.