First franchise question
How do I determine if buying a franchise is for me?
First, franchising is not for everyone. Owning and running a franchise is entrepreneurial coloring INSIDE the lines, which means that compliance with franchise operating procedures is a must, leaving little room for creative change.
Consequently, as a general rule of thumb, but by no means a requirement, those who have either worked within a corporate structure are typically the best candidates.
It's important that you decide before you invest in the consideration of a franchise, and absolutely before you invest money in one, whether you can and will follow the system, the operations manuals, and the rules.
Brain Trust contributor:
Related Categories: Business Buying And Selling, Business Start Up, Creativity, Entrepreneurship, Franchising, Management
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