Becoming A Franchise Pro: Do You Have What It Takes?

Just as everyone can’t be Olympians, not everyone can be franchise owners either. Fortunately becoming a franchise owner doesn’t involve a lifetime of training and pushing your body to the limits. It does, however, require immense dedication and certain personality traits. So, before you embark on the journey of becoming a franchise owner, consider these five factors to determine if you have what it takes to be a franchise success.

1. Strong Interpersonal Skills

Strong interpersonal skills are a must for anyone wanting to own and operate a franchise. Unlike some jobs where working independently is all you need to be a success, franchise professionals must be team-oriented and people-friendly.

Think back to past jobs you’ve had: how well did you work with people? Did you enjoy working with others? With strong interpersonal skills, you’ll be able to hire, keep, and build a hard-working, successful staff and gain the loyalty and trust of your customers. Additionally, as a franchise owner, one of your main roles is to make community connections by networking and joining civic organizations.

2. Willingness To Ask For Help

Being too stubborn can damage your success in the world of franchise. While you most certainly should be proud of your hard work and reaching goals on your own, you should never be too proud to ask for help or rely on others. Throughout your entire franchise journey, you’ll have people who are there to help train and support you. By being willing to ask these individuals for help, you can discover the benefits of using the advice and guidance of others to develop and grow your franchise business.

3. Taking Risks in Moderation

In order to be a successful franchise owner, you will have to take risks. However, there is a fine line between taking unnecessary risks and taking risks that will lead you in the direction of success. Learning how to navigate this line is critical when determining if you have what it takes to be a franchise owner.

By being a moderate risk taker, not only will you be able to identify what qualifies as a calculated risk, but you’ll also be able to identify different ways to minimize misfires and benefit big from risks.  

4. Goal Oriented

Being goal oriented is a must if you intend on being a successful franchise owner. Before you even embark on your journey, you should have a clear, thought-out idea of what it is that you want to accomplish and how to plan on reaching these accomplishments. Know what your goals are and be able to keep them in mind during your everyday activities. By constantly striving to reach predetermined milestones, you can make being goal oriented a habit that helps you succeed.

5. Strong Leadership Skills

One of the most powerful personality traits for being a successful business owner is leadership. The more apt you are to take charge and be a leader, the better your chances are for owning and running a lucrative business. If you feel like taking responsibility, making important decisions, and leading a team of individuals is something you can master with ease, chances are you’ll find success as a franchise owner.

If you think you have what it takes, consider buying a Bruges Franchise and becoming a member of a tight-knit, supportive franchise family. Learn more about beings a Bruges Franchise owner today.

7 Things You Didn’t Know About Waffles

Do you consider yourself a waffle connoisseur? Think you know everything there is to know about these fluffy dewdrops from heaven? We’ve scoured the internet to find these 7 waffle facts to help you brush up on waffle trivia, guaranteeing you’ll impress your friends with your newfound waffle knowledge.

1. The Word Waffle Has German Origins

The word waffle is rumored to come from the Old German word “wafen”, which means “to weave something into the shape of a honeycomb.” A truer definition was never written. We’d just like to modify it to add “and tastes like heaven on a plate”.

2. The Largest Waffle Ever Made Was Over 110 Lbs.

We can thank Stichting Gouda Oogst of the Netherlands for baking this 8-foot-long, 110-pound culinary masterpiece in 2013. Perhaps a house made completely of waffles will become a reality sometime in our future.

3. There are 3 Main Types of Waffles

While others may try to replicate their deliciousness, there are only 3 true types of waffles. Belgian waffles are crispy on the outside and light and airy on the inside, while American waffles are also fluffy, but with a less crispy exterior. Liege waffles are dense, yeasty, and full of large sugar crystals—if you’ve never tried them you need to. Like yesterday.

4. Someone Actually Wrote a Song About Waffles

Thanks to Parry Gripp and his 2008 song “Do You Like Waffles?” waffle lovers the world around can finally have their affinity for waffles represented in a song. Listen to it, learn the words, and sing an ode to these sweet, delicious breakfast cakes.

5. There are 2 National Waffle Days

Because one day just isn’t enough. Mark these two dates on your calendar: March 25th and August 24th to be sure you don’t miss out on the celebration. March 25th is technically Swedish National Waffle Day, but if your love for waffles is pure, it knows no borders.

6. The First Nike Shoe Sole Was Created with a Waffle Iron

In 1971, while watching his wife prepare waffles for breakfast, Nike co-founder Bill Bowerman was inspired by the shape of the waffle iron. So inspired, in fact, that he actually used a waffle iron to create the sole of the first Nike sneakers.

7. Eggos Weren’t Always Called Eggos

Would an Eggo by any other name taste as sweet? Thankfully, we no longer have to wonder. Upon its inception in the 1950s, Eggos were named “Froffles”. I’m not kidding. It was a combination of the words “frozen” and “waffles”. Eventually, the company came to their senses and renamed these frozen bits of deliciousness Eggos. And thank goodness for that—“Leggo my Froffle” just doesn’t have the same ring.

Bring on the Waffles

Are you looking for an excuse to share your newfound waffle knowledge on a daily basis? Opening a Bruges Waffles and Frites franchise gives you the perfect excuse.

Now get out there and eat some waffles!

5 Things To Know About Owning A Franchise

For many entrepreneurs, the idea of owning a franchise is exciting. Unlike starting a small, standalone business, a franchise business offers owners more security and a proven framework. However, before you pull the trigger on becoming your own boss and investing in a franchise opportunity, there are several things you should know. These five tips will help mentally prepare you to overcome challenges, push through the growing pains, and make your franchise dreams come true.

1. There will be hidden costs

While buying a franchise is undoubtedly cheaper than operating a start-up business, there are often hidden costs that franchise owners might not be prepared for. Six common costs include:

  • Franchise fees
  • Royalty payments
  • Product sales
  • Rent
  • Updates and improvements to systems and technology
  • Continued training and conferences

2. You’ll need to be comfortable taking risks

In order for your franchise to succeed, you’ll need to be comfortable handling risks. Business risks can be influenced by things like sales volume, per-unit price, input costs, competition, economic health, and government regulations. While there is no real way to completely diminish your risk, there are things you can do ensure you can handle it and position yourself for success.

3. The greatest model of all time

Often referred to as the greatest business model ever invented, the franchise model has helped countless people just like yourself become the owners of their own business. Knowing this model is key before you invest in a franchise business. The premise of the model is simple: someone implements a service or product and turns it into a business that can be easily replicated. However, instead of using his or her own personal funds to grow the business, they get an investor or two to help run it as franchisees. Thus, the person who developed the idea will be the franchisor and use the franchisees’ money to grow the business.

4. Understand your personality type

Though it may seem irrelevant, knowing what type of personality you have can make a big difference in the way you approach franchising. One of the biggest things to consider when reflecting on your personality type is how you view rules. Are you a rule follower or do you like to blaze your own path regardless of set precedents? Do you tend to tell yourself you don’t have a problem following the rules but ultimately struggle to follow them once they are in place?

Rules and guidelines are often credited for helping franchise businesses be so successful, and in the corporate setting there will always be a set of rules to follow. So take some time to be honest with yourself about who you are and what you feel comfortable with.

5. Planning is critical

Lastly, before you invest in a franchise, you need to know that having a clear plan of action is absolutely vital. Having an idea of how you’re going to run and grow your business is just the beginning: before you start talking to lenders or even begin to complete extensive research on what, how, and when you’ll embark in the franchise business, you’ll need to have a real, formal business plan that outlines your goals, strategies, projects, etc. Not only will this help you when applying for a loan, but it will also help determine the true direction of your franchise.
If you think that owning a franchise is the path for you, consider investing in a Bruges Franchise. As a leading restaurant franchise, Bruges has the brand recognition, support, and business model you need to be successful. Contact Bruges for more information, today.

8 Goals that Every Entrepreneur Needs to Make for the New Year

With the new year comes an excellent opportunity to reevaluate your business goals for the next 12 months. Are there some changes you’d like to make in the coming year to help you on your path to entrepreneurial success? Here are 8 goals you should seriously consider.

Getting Started

Make sure you take the time to evaluate last year’s goals before setting any new ones this year—perhaps there aresome goals you should reset and some you can do differently to improve the chances of success.

1. Get Organized

When your business is small, you might be able to get away with being disorganized–for a while. If you ever want to expand your business and really build something extraordinary, you need to get organized now.

2. Get Your Email and Files Under Control

Now is a good time to sift through old emails and delete the ones you no longer need. Go through your filing cabinet and make sure files are organized, cleaned up, and uniform. Get rid of anything you don’t need—who has time for extra clutter?

3. Create a Realistic Budget and Financial Plan

Sticking to a budget is key to your financial success, so take some time to create a realistic budget for yourself and your business.

4. Focus on One Skill You Want to Develop

Is there one skill you’ve always wanted to develop? This is your year! Take classes, attend seminars, and do research to better yourself; self-improvement can be directly beneficial to your franchising success.

5. Increase Sales, Improve Customer Service

Focus on your customers this year. Put out a survey and brainstorm ways you can improve your customer service. All aspects of your business will improve if you can provide a better experience for your customers.

6. Create a Website or Update the One You Have

If you don’t have a website already, stop what you’re doing and build one now. If you do have one, take some time to reevaluate it with fresh eyes to see how you can improve it and make it more appealing to potential customers.

7. Expand Your Business

Consider ways that you can better advertise your business. Aside from a website, establish social media accounts, set up an email campaign, and print fliers for circulation. Whatever you can do to get your brand name out there will help.

8. Take Care of Yourself

Finally, make sure you’re not only focusing on your business—take the time to take care of yourself. Because really, what is your business if you’re not healthy enough to manage it?

Set Those Goals

Whether your business endeavors include owning your own restaurant franchises or just working toward that goal, make sure you create a game plan for yourself.

Now that you know what goals you should set for the coming year, it’s time to get started—make your own new year’s resolutions today!