Discover the perfect franchise for your unique skill set and situation.
Choosing the right franchise is a multi-step process. Getting it wrong can be frustrating. Getting it right is very rewarding and exciting. Following the right process will lead you to the right franchise for you. The process is 100% transparent with no surprises.
What Are Your Goals?
This seems obvious, but it’s super important to get specific here. What are you really wanting to accomplish? Some examples of goals that you should consider are:
- Do you want to replace your 9-5 income?
- Do you want to be a passive owner and keep your 9-5?
- Do you want multiple territories?
- Do prefer working from home or do you prefer a storefront?
What Are Your Skills?
Here is the time to be completely honest with yourself. We all possess skills that transfer to franchise ownership – it’s simply a matter of identifying which ones you possess. Some examples of applicable skills are:
- Are you better at managing numbers or people?
- Are you better at operations or sales?
- Are you better at painting a vision or executing a vision into reality?
- How well can you follow proven systems and operating procedures?
Your Likes & Dislikes?
Franchising allows you to choose a business that fits who you are. This is why the process is so important. Some examples of applicable likes & dislikes are:
-Do prefer to manage managers or front line staff?
-Do you prefer to work outdoors, in an office, or at home?
-Do you prefer to deal with customers directly?
You Will Get Past The Headlines
By following the right process, you will very likely end up in a franchise that you have never heard of. This is a good thing that should be embraced. The reason for this is because most of the franchises you can easily find by doing a quick internet search for and click "send more information" are taking the opposite approach and try to sell you on their concept; regardless of your skill set, likes/dislikes, etc. This is not a good approach and causes those franchise companies to spend a lot of money on advertising to constantly bring in new franchisees.....money that should be spent supporting existing franchisees.
The franchise companies that only want new owners who come in the door the right way - by focusing heavily on skill sets and likes/dislikes - are able to spend those same dollars on the things that matter the most to their franchise owners: revenue generating and cost savings initiatives.
By following the right process - you will be exposed to the right franchises for you - and you will have a tremendous advantage in the marketplace.
Why Use Franchising Discovered When I Can Just Do The Research On My Own?
This is the question we get the most....."Why can't I just research franchises on my own?"
The short answer is you certainly could. The correct answer, however, is that you should not. The reasons are many. You can read an in-depth discussion about this subject on this below page: