Picking the Right Franchise
So, you already know you want to own your own business and be your own boss. Your research tells you the best way to succeed as a business owner is to purchase a franchise. Now begins the hard part: Choosing the right franchise. There are hundreds of francises in every category imaginable, from the here-and-now hot fads (think green) to the old standby QSRs. So how do you know which one is right for you?
The answer is in the details. So you pour over the white papers, the Franchise Agreements, the financials. But then what? The missing piece in this important equation of due dilligence is YOU. What is YOUR passion? What geography do YOU want to serve? How many hours are YOU willing to put into it? How much money do YOU need to return in years 1, 2 and 10? So much franchisee advice is written to push the established, long-running franchises. But this doesn’t mean you should skip past the ground-floor opportunities to get in to a franchise that feels like a good concept to YOU, offers a system YOU agree with, and involves a product YOU can embrace.
With a start-up franchise, you often get access to the founder and there are far fewer key decision makers, which means you may have more influence in driving future decisions within the company. With a start-up franchise, your feedback is valued and your voice is stronger. Do you really think the CEO of a Fortune 100 or even Fortune 500 franchise will return your phone calls? Wouldn’t you rather be able to pick up the phone and throw ideas right out to the founder and key decision makers? If the answer is yes, then you just might fit here, with a Maui’d Forever franchise. We are seeking entrepreneurs who are computer-savvy and know a thing or two about weddings. Call 1-800-395-7807 and you speak directly with the founder. We’ll get you up and running as a franchise business owner in two weeks or less.
