We appreciate all of our franchisees and what they bring to our businesses, but we believe there is not enough emphasis on what millennials can bring to available management opportunities. Round Table Pizza is continuously trying to expand our candidate reach to potential motivated business owners, which we believe fits the mold of this age demographic. Here we expanded on some of the key reasons why a pizza franchise could be a great fit for the enthusiastic, entrepreneurial-minded millennials.
Management Position with Support
While this aspect of our business expands past a certain demographic, the support and training fast food franchises implement in their process could be a crucial learning period for millennials. This concept of training and support has become more prevalent in franchising to prepare business owners for the road ahead. Millennials entering a franchising opportunity may not have extensive industry experience, and rarely have any specific managerial expertise. By highlighting the importance and structure of franchisee training and support, they will be comfortable with the assistance available throughout their journey.
Step Away For Corporate Anxiety
The growing stigma of acquiring a job as soon as you finish school does not stop when a Millennial has secured a position. Millennials are constantly worrying about doing the best for their careers and feeling secure in their occupation. Studies have even shown that 30 percent of working millennials have general anxiety, and 61 percent of college students experience frequent anxiety. Maintaining a position and feeling security are extremely important to put the Millennial mind at ease and provide comfort in their existing situation. By owning a pizza franchise like Round Table Pizza, owners will be free of all the stress that comes with the corporate environment.
Awareness of Brand Recognition Importance
Marketing your product and growing your companies name is crucial to evolving your business and millennials are fully aware of this. This generation has become gurus in the fields of technology and social media simply due to the technological evolution that took place in the past two decades. Therefore, millennials are fully aware of the importance of marketing and having a well-established brand name. These factors make millennials the ideal business owners for established fast food franchises.
Love Collaboration and Team Environment
At a very young age, millennials were taught the importance of results when objectives are attacked as a team rather than individually. An IBM study even found that more than half of millennial workers claimed to work better in groups than alone. Having a team mentality makes attacking daily goals and objectives easier for a pizza franchise. By bringing on a team-oriented millennials, you will be ensuring that this attitude is brought to every aspect of managing their fast-food franchises.
Running a business might not be for everyone, but you’d be surprised at the inclusivity of requirements for owning a pizza franchise. If you’d like to know more about running fast-food franchises, contact us.