keys to finding the right franchise for your business skills and personality

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Keys to Finding the Right Franchise for Your Business Skills and Personality

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Page 1: Keys to Finding the Right Franchise for Your Business Skills and Personality

Keys to Finding the Right Franchise for Your Business

Skills and Personality

Page 2: Keys to Finding the Right Franchise for Your Business Skills and Personality

Congratulations! You have taken the first step toward finding fulfillment, at least professionally.

Now the most pressing question you have to answer is this: Which franchise is the best fit with

your business skills and personality?

Page 3: Keys to Finding the Right Franchise for Your Business Skills and Personality

It’s a critical question, too. After all, you are about to invest a lot of money, time, and energy into starting and building your own business. You’re going to want to make a smart

decision at the beginning that pays off down the road. The good news is you have a lot of options, and the best

franchises to start are those that interest you the most and best match your business skills.

Page 4: Keys to Finding the Right Franchise for Your Business Skills and Personality

Topics of Discussion:1. What Do You Eat?2. How Involved Do You Want to Be?3. Do You Have the Money?4. Quitting Your Corporate Job and

Owning Your Own Business

Page 5: Keys to Finding the Right Franchise for Your Business Skills and Personality

1. This might seem like a strange question to ask an aspiring business owner, but then again, the business owner is exploring the best franchise opportunities

related to food. Here’s the deal: If you are a health nut who hasn’t ingested polyunsaturated fat in more than a decade, you’re probably not going to be enthusiastic about getting out of bed every day to sell deep-fried hot dogs on a stick. However, if you are passionate

about sweets, you might get excited about serving up delicious cookies. The bottom line is to make sure you are investing in a food franchise that fits your interests

and values.

Page 6: Keys to Finding the Right Franchise for Your Business Skills and Personality

2. Are you interested in working long hours and willing to get your hands dirty and do whatever it takes to get

the job done right? Or are you someone who would prefer to hire good employees and let them run the show? In short: What do you want to accomplish?

Answering this question honestly will help you determine what the best franchises to start are for

you. Some require more time and effort. Some offer big opportunities to expand into other markets. Others

can be managed by hiring exceptional employees. Which of the best franchises to start is right for you

depends on what you want to accomplish professionally and personally.

Page 7: Keys to Finding the Right Franchise for Your Business Skills and Personality

3. No matter which of the best franchises to start you choose, you’ll need the money to make an initial

investment and keep your food franchise running until it becomes profitable. Understanding the financing

behind franchises and your ability to meet the financial obligations is critical to finding the best franchises to start that match your personal and

professional interests. Once you find a franchise that captures your interest and imagination, make sure you

can afford it. Then, do a deep dive into its financial history, operations, and overall strategy. This will help you decide if you are willing to make the investment—

and sustain it over a long period of time.

Page 9: Keys to Finding the Right Franchise for Your Business Skills and Personality

Disclaimer: This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for

information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer

you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements

in your state. Franchise offerings are made by Franchise Disclosure Document only.