How to Find a Franchise That Fits
Written by FranchiseKing, Joel Libava Article from SBA I If you’re considering becoming the owner of a franchise business, it’s important to make sure you’re looking into franchises that are the right fit. But finding the right franchise opportunity for you is only part of the picture. Finding a Fit: Finding, researching, and potentially purchasing a franchise is a step-by-step process. One of those steps is conducting a self-assessment. This involves compiling a list of what you consider to be your top professional strengths and skills. Once you’ve done that, set it aside. You’ll want to refer back to it as you find franchise opportunities that interest you. The goal is to determine if your top skills and strengths can be used in an ownership role. Immediate Fit vs. Long-Term Fit: When it comes to finding the right fit, you need to look at short-term and long-term fit. Short-term fit involves matching your strengths and skills to a specific franchise o