If you’ve decided to become a franchisee, the next most important decision you have to make is what KIND of franchise you want to own. But it isn’t as simple as chasing trends or heeding the advice of gurus. Your ideal franchise should match the type of person that you are. So what type of franchise ARE you?
Seek out your skill set
You know what you’re good at. It’s what parents, teachers, coaches and bosses have praised you for ever since you were a kid. Are you great at dealing with people one-on-one? A small franchise at a mall kiosk may be the way to go. Love crunching numbers? Running a data-driven marketing service may be right up your alley.
Learn to play
We’ve all had a time when work didn’t feel like work – and it wasn’t just while we were goofing off in the breakroom. What tasks would you do even if you weren’t paid for them? What feels more like play to you than work? Are you passionate about physical fitness? A gym franchise will let that passion shine through. Can’t get enough of cars? An auto body shop may fill that void in your workday soul.
Make a list of things that excite you, and see how each can be translated into a franchise.