Is Franchise Ownership Right For You?

Is Franchise Ownership Right For You?

If you want to own your own business, there are a couple of ways you can go. You can start one from scratch or you can get into a franchise. The process for doing those two are quite different from each other.?

Starting Your Own Business

When you start your own business, you really need to develop a business plan.? There should be some critical questions you should be asking about your customers in order to really nail it in the marketplace.? Such as:

  • Who is your customer??
  • How much are they going to pay???
  • How often will they buy??
  • How are you going to reach them??

Buying a Franchise

When you're looking at a franchise, it's different. You’re not trying to invent something new or do something unique that hasn't been done before. What you’re doing instead is working together, as an investor candidate like you and a franchise consultant like me, to evaluate the systems that are a good fit for your transferable skills.? We will get you to your goals.

What you should expect from a franchisor is that they've got those customer questions nailed. They already know who the customer is, what they're going to buy and how much they're going to pay.? They already have a business plan.?

So things get a lot easier, because they are focused more on you as a potential owner, rather than on the business model itself, that's known and works.?

When we work together, that's what we're trying to achieve. I look forward to hearing from you if you decide that franchise ownership is part of your entrepreneurial journey.

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