The Entrepreneur’s Corner
Is franchise ownership for you?
While the summer has brought mixed signals regarding the struggling economy, there are signs that consumers are beginning to spend again and it appears that a few companies are beginning to re-hire workers they had to lay off months ago.
As a new business owner who looks forward to marking the first anniversary of operating my own retail franchise, I certainly hope a consistent economic recovery comes sooner rather than later. As I establish myself as a franchise owner and discover the benefits of being my own boss I wonder if other hard-working individuals have considered franchise ownership as a career.
For my family and me, it’s been a rewarding move.
Nearly two years ago, while living in Egypt, my wife and I decided to move to the United States. Earlier in my career, I held management positions with fast food and coffee service companies, but had always wanted to run my own business. As my wife and I considered making a career and location switch, I found myself becoming interested in the franchising program that 7-Eleven offered -- one that provided a proven successful franchising system along with the support of the world’s largest convenience retailer.
Whether you’re looking to be your own boss, or considering a second career, I would recommend considering the franchising model of business. For someone looking for an opportunity in an established business with an established name, you can pretty much learn the system and go. Plus, in my case, I have the backing of a corporate powerhouse that knows how to run a smart business.
Franchising is a good investment for people who:
• are business savvy and know what it takes to succeed;
• are hardworking and willing to put in long hours to have the store reflect the way you want it to be;
• enjoy working with and managing people;
• have some savings and a good credit rating (if you can buy a house, you can buy a franchise);
• understand the bigger corporate picture (I bought into the 7-Eleven logo, so I need to protect and support the brand).
If you have an interest in franchising, the first step is to attend an educational seminar. Most companies offer free seminars that provide detailed information and guidelines that help you determine if franchising makes sense for you.
Although I’m working a full-time shift at the Glenside location, I am considering becoming a franchise owner of a second 7-Eleven in the future. The opportunity to expand and grow is exciting and in spite of the economic uncertainty I am an optimist when I think of the future.
When people say, “Don’t you get tired of that door bell ringing when people come into your store?” I say – no way! I can hear that all day and all night. It means business is good and I’m doing something right.
Abdel-Masseh Hanna is the franchise owner of the 7-Eleven at 4001 Glenside Drive in Henrico County. He took ownership of the store on April and came to 7-Eleven with experience as a mid-level manager, with a background in food service and retail management.
Michael Arad, the architect of the World Trade Center Memorial, will be the keynote speaker for The 2016 Adolf-Adams JCC Forum on Sat., Jan. 30, 2016 at 7:30 p.m., at the Carole and Marcus Weinstein Jewish Community Center in Henrico.
Arad’s “Reflecting Absence” architectural design was selected from more than 5,000 competitive entries as the template for the Memorial’s construction in New York City. During the forum, Arad will discuss the significance and symbolism of the design, as well as his inspiration. The event, which is a highlight of the Weinstein JCC’s Patron of the Arts series, is open to the public > Read more.
Citizen Staff Reports 12/15/2015
The Sixth Annual RVA Environmental Film Festival (RVA EFF) will be held Feb. 1-7, 2016 at various locations, including in Henrico County.
A partnership of The Enrichmond Foundation, Capital Region Land Conservancy, Chesapeake Climate Action Network, and Falls of the James Group - Sierra Club, the festival will feature a number of insightful films designed to raise awareness of environmental issues relative to all residents of the planet and Richmond citizens in particular.
A detailed schedule will be released at a time closer to the festival, but the popular children's portion has been set for Saturday, Feb. 6, at the Byrd Theatre in Carytown. > Read more.
For our Top 10 calendar events this weekend, click here! > Read more.
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ClassifiedsATTENTION DIABETICS with Medicare. Get a FREE talking meter and diabetic testing supplies at NO COST, plus FREE home delivery! Best of all, this meter eliminates painful finger pricking! Call… Full text
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