First, there is no such thing as the perfect franchise for everyone. Since franchises come in all sizes and shapes, as do potential franchisees, the goal is to make the perfect match — choose the perfect franchise for you. And, frankly, a franchise may not be suitable for everyone. RELATED: Need some career advice? Watch these tutorials! So how do you know? You have to do your research. We can help you get started, but it is worth your while to consult as many experts as possible along the way, including a franchise coach, who can help you narrow down your options to those with the best track record. One of the very best things about buying a franchise is you have the ability to know everything you need to know before you sign on any dotted line — unlike a business you start from scratch. With a franchise, you know exactly what it takes to operate profitably, how many employees to hire, how they should be trained, what equipment is necessary, and you get an advertising and marketing campaign, already designed and ready to go. Your upfront research is probably the most important aspect of the process. Not that you don’t have to work hard to get it all going, but if you make a good match, select a franchise that works well for your own skills and interests, the odds of success go way up.
September 23, 2015