Choosing a Franchise – HELP!

It’s pretty remarkable how many different types of franchised businesses there are available.  When most people think of a franchise, images of McDonald’s, Burger King and Subway come to mind.  But less often do people think of the other business concepts the franchising industry has to offer, like:TC Franchise Specialist

  • Clothing boutiques
  • Day Spas
  • Hair Salons
  • Business Services and Coaching
  • Childcare and Development
  • Tutoring and Education
  • Financial and Loan Services

There are thousands of franchise and business opportunities to invest in.  And, while many people initially say “I want to own a restaurant” or “I want to own a gym” there are important factors than can help you choose the very best business option for you.  Are you looking for:

  • Flexible schedule
  • Home office based operations
  • Low investment level
  • High return on investment
  • Quick start up
  • Small office or small number of employees

This is where a franchise broker can provide you with valuable guidance and assistance.  Their purpose is to not only match you with the best industry for you, but also the best business model.  Your work-life balance and your business goals are taken into consideration when researching your franchise options.  Do you want to:

  • Make a difference
  • Operate a green company
  • Work with other businesses and professionals
  • Provide job opportunities

Now you can identify your strengths, values and business style in this simple 5 minute assessment. FranMatrix, will identify:

It is important to take all of these items into consideration when investigating franchise and business opportunities you are interested in.  While these things can be daunting, having an experienced partner in your research process can prove immensely helpful (and stress reducing).

**(make sure you are utilizing a Microsoft operating system)

Posted in Advantages of a Franchise, Franchise Basics, Using a Franchise Advisor.