Will You Use The Franchise System?
The franchise business model is a brilliant one. All you have to do as a franchisee is follow the directions…..follow the franchise system, as it's suggested. Simple, huh?
Unless of course you don't like to. Then, it's a lousy business model.
If you're fed up with the corporate world, the "idea" of buying a franchise…or becoming self-employed in any way, is an attractive one. If you're the victim of a corporate downsizing, even more, I'd guess.
Recently, I posed this question to you;
Should You be The Boss? Read why I asked that question in this short franchise blog post.
Not only must you decide if you're ready to become the boss; you have to decide what type of business you'd like to be the boss of. Both decisions are big.
In Become a Franchise Owner!, there's a test that I have you take. (It's a compatibility quiz, actually.) It's designed to get you thinking about systems. Franchise business systems, to be exact. The questions that I ask you to answer in the quiz will at first glance seem way too simple. But, are they?
Be Honest With Yourself
When you buy my book, and spend the 10 minutes needed to take my franchise quiz, I'll personally score your results. If you're honest with yourself when answering the questions posed, you'll know if exploring franchise ownership, with it's rigid business system, is truly in your best interest. I've said this before;
Becoming the owner of a franchise-type of business isn't for everyone. The reason that it isn't has to do with the title of this post.
If you're comfortable following someone else's rules…someone else's business system, franchise ownership is definitely an option for you to explore and learn about.
If you're really not into following someone else's system, you need to move on to something else. Maybe a non-franchise business opportunity would make better sense for you. I talk about those types of businesses in my book, too.
Learn what you can. About yourself. And about becoming the owner of a business. Best of luck!
Here are a few franchise systems to learn about.
The Franchise King Blog
- Joel Libava's profile
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