Do you dream of being your own boss day after day? There’s no reason that you can’t make that dream a reality. And it’s a lot easier to do if you buy a franchise rather than try to get a brand-new business off the ground.
Are you a jack-of-all-trades?
Do you think you’d be good at some aspects of running a business but less-than-stellar at others? There’s no shame in it – a lot of business owners are the same way. But that’s why it makes sense to start with a franchise. Unless you’re terrific at conducting every aspect of a company, you’ll want at least some of the legwork done for you.
Do you like having access to resources?
As a franchisee, you’ll have access to all sorts of resources that most small business owners couldn’t dream of. Think of group advertising – not something usually available to independent businesspeople. Or company-owned outlets where you can sell products and services to markets that would otherwise be difficult to get into. These are things worth thinking about!
How do you feel about success?
According to the U.S. Department of Commerce, franchising provides a better chance of success than non-franchise-owned small businesses. So if you like succeeding, definitely consider a franchise!