Home
>
Strategic Planning
>
College Students and Graduates to Run Company Outlets or Franchises

College Students and Graduates to Run Company Outlets or Franchises

Does your overall business strategy include the recruitment of college students to run your locations? Are you a franching company and looking for young, talented, hardworking and dedicated franchisees? There are some things to think about before you deploy such a strategy. There are both positives and negatives to focusing your recruitment efforts on college students, for instance best reason's to use college students include some of the following:

They May Have Rich Parents Who Can Pay Outright For A Franchise;

They May Have Parents Who Are Willing To Co-Sign For A Franchise;

They are Young With Plenty Of Energy;

They Have Little Business Experience And Will Not Try To Rewrite Our System;

They Are Used To A Very Structured Environment;

They Want To Succeed;

They Might Have A Business Degree;

They Are Sociable Animals And Good With People;

They Will Study Our Operations Manual Cover To Cover;

They Will Make Two To Three Times As Much With A Franchise Than Their First Corporate Job;

They Love To Have Fun And This Is A Fun Job.

There are a few drawbacks to be wary of. These are things, which have been observed by me while giving speeches at colleges to MBA students. They are as follows:

They Have Been Brain Washed Into Believing Corporate America Is Where It Is At;

Many Think A Few Business Classes And They Know Everything;

Some College Students Have Never Even Had A Job;

Many Are Only 21-23 Years Old And Have Little Real World Experiences.

If you are focusing on this labor supply or recruiting these young adults into your organization as middle managers, store managers or franchisees you will need to try and turn some of these negatives into positives. First, you need to show them that by owning and managing a franchise operation, they will be more valuable to corporate America in the future. You need to show them that they will make many business contacts by running this business and have experience to put on a resume. They will meet Human Resource directors in the area and gain incite into the real world of business. If you are recruiting these kids to run store operations as a manager in charge of an outlet then you need to show them how this experience they will learn such as working directly with customers, problem solving at the counter, understanding human organizational management and learning responsibility for sales quotas and quarterly objectives at the ground level is what Corporate America really needs in their unending push for shareholders equity, quarterly profits and growth in the market place.

These students think they understand business. You will need to stroke their egos for a while and tell them how valuable they are with their education and then blow their minds with your incredible business model and customer service by showing them you are on the leading edge of high tech information systems, quality product lines, efficient distribution systems, advanced marketing techniques and state-of-the-art service equipment. They will go home and throw away their text books or have a garage sale and this is exactly what you will need to have happen and when it does you know your recruiting techniques are paying off.

Many students have never even had a job. This is good because they will not have picked up any bad habits. Perhaps you could have them work at McDonald's for three weeks. Show you us three paychecks and then we will sell them a franchise.

Most B.A. or B.S. degree students are only 21-23 years old. They have no real world experience. They believe that with their degree they can change the world, that they can make a difference. You will be saving them from themselves, letting them learn how the world really works. Then maybe they can change the local world a little. These kids get out of school and they are so idealistic. They are trying to think globally with visions of grandeur. You really need to focus all that energy and mind power locally, helping the community and securing customers at the unit or store level. It will absolutely make your business recession proof and famous. Together with thousands of units and stores across the landscape with young adults who have that youthful energy to burn, their dream won't die. And your company stores or franchise system will soar, because, together everyone accomplishes more (TEAM).

Sometimes students get half way through and see school for what it's worth. It's a very excellent way to get a good job, but very limiting. Many drop-out, disenchanted, saving their parents thousands of dollars. The parents can then invest this money in a real opportunity that will propel their offspring into more instant success perhaps purchasing a company franchise from you? You do need to watch however, if the reason for dropping out of school was due to lack of discipline, alcoholism or drugs. Your company is no place for that low level of commitment or integrity. Of course the parents of such drop out offspring may not be willing to co-sign for a franchise and this might be an indication of faith in their offspring and added commitment for your company. On a managerial standpoint a college degree program drop out may have done so due to lack of funds to work and go to school at the same time, meaning they can still take courses while running one of your outlets thus you get the best of all worlds, they will be with you for four more years finishing their degree and you will get the benefit of this added knowledge at the local unit level. Once completion of their degree you will then have time to evaluate them for advancement up your corporate ladder, thus everyone wins.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs

deep house cleaning Buffalo Grove ...

In The News:

A VPN encrypts your connection on hotel, airport and café Wi-Fi abroad, but streaming catalogs and live sports access still depend on provider rules.

Gmail's Verified Sender Program launches September 8, 2026, giving U.S. political committees a more reliable path to your personal email inbox.

Elroy Air's Chaparral can carry over 500 pounds and fly 450 miles without a runway, and the FAA just tested it under a new federal program.

Bedrock Robotics says its autonomous excavators are doing paid earthwork on active job sites in Texas and Nevada with no operator in the cab.

A dedicated banking computer isolates your financial accounts from malware and phishing, but passwords, SIM swapping and outdated software remain risks.

The OlloNi SS1 AI robot pet uses a 4K camera and facial recognition to learn your family, but its removable Red Heart memory module raises questions.

Nine identity theft warning signs range from unfamiliar credit inquiries to SIM swap attacks that can quietly drain your bank account funds.

Robot.com's R-dog uses articulated legs and wheels to climb stairs and deliver packages, while its built-in screens display paid ads along the route.

MyChart phishing emails mimic real patient portal alerts with fake lab results and malware tricks that target Windows users across the country.

The Fox News AI Newsletter covers the latest artificial intelligence technology advancements, including the challenges and opportunities AI presents now and for the future.

Google's Motion Assist places animated dots on Pixel screens to combat motion sickness in vehicles, but the Android 17 rollout remains limited.

Moving to a 55+ community can quickly expose your data to scammers and data brokers before you even unpack, putting your whole family at risk.

Amazon Prime Air drone delivery plans to reach nearly 500 U.S. cities by the end of 2026, but your yard and ZIP code may determine eligibility.

The FBI reports nearly $21 billion in cybercrime losses for 2025, up 26%, as AI scams make fake voices and identities more convincing than ever.

Uber teen accounts now feature live video streaming from the driver's camera, but encrypted recordings stay on Uber's servers for up to 14 days.

Router firewalls and software firewalls serve different roles in protecting your home Wi-Fi from unwanted traffic and suspicious connections.

A Chrome extension with 70,000 users and a 4.7-star rating began injecting fake update warnings after a threat actor acquired and weaponized it.

Amazon's Alexa+ rolls out free to Fire TV devices across the U.S., but hands-free microphones and stored voice data raise key privacy questions.

Meta's new teen accounts settlement sets a default two-hour daily limit on Instagram and Facebook, plus night mode and school mode restrictions.

The CareCloud data breach exposed Social Security numbers, banking information and medical records belonging to more than 3.75 million people.

Waymo reveals its custom 5-nanometer chip and dual computing systems designed to take over instantly if the robotaxi's primary computer fails.

Identity theft now includes account takeover, phone hijacking and payment card exposure. Here's what to look for in identity theft protection services.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

The FBI and Justice Department seized domains tied to QScan and QTRouter, tools allegedly used by China-linked hackers to breach NASA and other agencies.

Uber Eats drone delivery launches later this year through a Zipline partnership, starting in Dallas and Houston with a goal of one million daily flights.

College Students and Graduates to Run Company Outlets or Franchises

Strategic Planning