How to meet your franchise match

Franchisees, you’ve met your match! Or have you? What IS the secret to finding the perfect franchise – the one that suits your personality to a “T?” Portrait of successful female software developer

Here are a few tips on finding your perfect match:

Keep an open mind. There are tons of interesting franchises out there. You might be looking at well-known franchises, but missing lesser-known, but lucrative franchises available to you. Don’t rule out a business without learning or seeing the operations first.

Research. Visit as many different franchise locations as you can. You can also reach out to individual franchise owners about their experiences. This will give you an idea of what the companies and day-to-day work are like. Look out for any voids in the marketplace or your community, as well, and think about what might fill the void. For example, your neighborhood might have a lot of fast-food restaurants already, but it might not have a Mexican food franchise. You could look to Mexican food franchises to help fill the void.

Look at your skills. Owning a franchise isn’t just about using the skills you have – it’s about using the skills you WANT. What types of activities can you see yourself so obsessed with that you can’t wait to learn how to do them better? Seek out franchises that fit these skills. Franchises that call for these skills may be a great fit for you.

Wait for it. What type of success do you want so badly that you’re not only willing to work hard, but WAIT for it? There can be no doubt that starting a franchise means putting in a lot of effort. So much, in fact, that you need to have your eyes on a prize that can inspire you for years to come. If a particular franchise center on that prize, you might be a perfect pair.

Look to your past jobs and careers. Where does your success lie? Where did you most excel? It’s not enough to just assume you’ll be good at an activity because you love it. However, you shouldn’t be forced to work at a job you hate just because it comes naturally. Somewhere in there is the sweet spot that focuses on your perfect franchise.

Still can’t decide which franchise is right for you? Talk to a franchise broker today and have them steer you in the right direction! They can answer all your questions and help find the right match for you!