Choosing the perfect franchise should be all about you!So you’ve decided that franchising might be right for you. Now, which one do you choose?? There are so many franchising options available, it can be a challenge to understand what the perfect choice is. Which are the most profitable? Where will you feel the most supported? All of these questions are critical to ask yourself before choosing the franchise with the culture that is perfect for you and your lifestyle. After all, your franchisor will be your business partner.
Culture & Feel
The franchisor/franchisee relationship has often been described as being like a business marriage. It is absolutely critical to your long-term success and happiness that you go into business with a franchisor whose professional values and goals align with your own. This relationship will be ongoing, so take your time to get to know each other and understand the expectations for the type of interactions that you will have with your franchisor partner and with other the rest of the team that will support you every day all the time in your business endeavors together.
When you become a franchisee, you will have a great network both within your franchise organization and within the franchising community as a whole. Check out the articles at Franchise 500 to begin understanding just how supportive this community really is! With franchising, you are absolutely in business for yourself but certainly not by yourself.
Enlist an Expert
While there is a wealth of information online, you can’t go wrong with individual attention and professional guidance of an expert!
Careyann Golliver is America’s Franchise Matchmaker™ and the Founder of Franchise Logic. She can help you determine what is the proper choice when it comes to purchasing a franchise, as well as alert you to potential sale valuation and loopholes. With over two decades of experience in entrepreneurship and franchising, she can provide critical feedback and guidance for a franchise exit strategy. Contact Careyann today or call 303.805.5078.