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Is Franchising for You?

Assess Your Reasons

As with any business, the first step in determining whether or not to enter into the venture is to assess your reasons for going into business.

Do these Statements Apply to You?

  • Freedom from the 9-5 daily work routine.
  • Being your own boss.
  • Improving your standard of living.
  • Bored with your present job.
  • Working in an industry for which there is a demand.
  • Will my capital outlast my mistakes?

Ask Yourself these Questions

  • Are you a leader?
  • Do you like to make your own decisions?
  • Do others turn to you for help in making decisions?
  • Are you willing to accept managerial assistance from the franchisor?
  • Are you willing to comply with the provisions outlined in the franchise contract?
  • Do you enjoy competition?
  • Do you have will power and self-discipline?
  • Do you plan ahead?
  • Do you like people?
  • Do you get along well with others?

Are you Prepared?

Purchasing a franchise, like any other business, requires a total commitment of your time, energy and financial resources. If you are not prepared to invest these qualities and resources into your franchise, then a franchise may not be for you.

If you believe that a franchise is the right decision for you, continue and discover

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