Franchise Opportunity  Questions To Ask The Franchisor  41Franchise Opportunity Questions To Ask The Franchisor 41

Finding The Right Franchise

Whether it's hamburgers, pizza, telecom, coffee, Internet, muffler parts, or seniors? services, there are Franchise opportunities available to evaluate. There are great Franchise systems, good Franchise systems, and bad Franchise systems. The challenge is to ask the right questions to find the right system that will fit your goals and dreams. The key is to ask the questions ? and listen closely to the responses. Only then can you determine if the Franchise opportunity is the right fit for you. So whether it's food services like burgers or coffee, professional services like telecom or IT, or manual services like cleaning or oil changes, ask the questions and record the answers.

Face-To-Face Meeting

The system of evaluation for both parties should include a face-to-face meeting. After all, you are trying to determine if you want to get into business together for 5, 10, 15 or more years. If a Franchisor wants you to join the system without a face-to-face meeting, it doesn't really make sense. Would you start a partnership business without meeting your partner? A Franchise is not an actual partnership, but the same criteria should apply. It should actually apply to the Franchisor every bit as much as to you. So if that meeting is not part of the process, the system is incomplete.

There are several ways for the face-to-face meeting to take place. Many Franchisors have development personnel that will meet you in your community, or a convenient location for both parties. Some Franchisors require a head office visit. Others will host Discovery Days, either at their head office or on a regional basis. All of these methods are fine, as long as you have some time for some one-on-one interaction.

I once asked a mentor of mine when our company was first beginning to offer Franchises, about the best method to determine that ?right? match. He said to me that the ultimate test is whether you would be willing to have the person over for a barbeque in your backyard. Of course, there are many other factors, but his point was that it should be someone that you would like to be in business with, and would enjoy their company.

The face-to-face meeting should also include an invitation for your spouse to participate. In fact, some systems require the spouse to be in attendance. Again, it is sensible to include spouses at the discovery stage because the ultimate decision to start a new Franchise business will be focused on building family dreams, and providing family security for the future. If a spouse is not fully aware and comfortable at the decision-making stage, it could create difficulties down the road as you build the business.

The main point is that if a face-to-face meeting is not a part of the process, and your spouse is not welcome to attend, the process is faulty.

To receive a free copy of an E-Book titled ?Franchise Opportunity ? Making The Right Decision? by Dennis Schooley, email that request to corp@schooleymitchell.com.

by Dennis Schooley
References and Bibliography

Dennis Schooley is the Founder of Schooley Mitchell Telecom Consultants, a Professional Services Franchise Company. He writes for publication, as well as for schooleymitchell.blogging.com and franchises.blogging.com, in the subject areas of Franchising, and Technology for the Layman. http://www.schooleymitchell.com, 888-311-6477, dschooley@schooleymitchell.com.

Rated:NR/0 Votes
2 Views
Add To My Article Reading List
Add To My Article Reading List
Print Article
Print
More Article By Dennis Schooley
More Article by Dennis Schooley
Share
More Articles From Entrepreneurialism
More Articles From Entrepreneurialism
Related Articles and Readings
Aligning Corporate Teams By: Terri Levine
Picture yourself entering a corporate meeting, team meeting, or business meeting. There you are sitting in the room, while someone in the ?expert? or ?boss? chair speaks to you or at you. There you are, not aligned with that person's mission or vision. There you are, feeling apart from the ...
Why Would Anyone Do That in My Meeting By: Steve Kaye
Imagine that you open a meeting by saying, "We need to talk about the budget."And someone responds with, "I named my dog Budget because everyone tells me he's too big."After the laughter subsides, you wonder why anyone would make such a silly remark in your meeting.And this leads ...
Effective Meetings Why Most Meetings are a Waste of Time By: P Quinn
Whether your company holds one meeting a week or dozens of meetings a day it is essential that this time is used efficiently and effectively. Most meetings are less effective than they could be not because they are poorly managed, but because meeting managers spend all of their time ...
The Big Mo Momentum and the Hiring Process By: William Werksman
Momentum as defined by Webster's is: strength or force gained by motion or through the development of events. For our purposes, the interview process is a 'development of events?. Creating and maintaining momentum throughout the interview process is critical to attracting and securing top candidates in today's competitive market. Momentum ...
What to Ask When Youre Invited to a Meeting By: Steve Kaye
1) Where is the agenda? A meeting without an agenda is like a journey without a map; it will always waste your time. Once you have the agenda, make sure that it consists of more than a list of words because this is almost useless. The agenda for ...
The information provided in this article and/or the comments is the sole responsibility of their respective authors and does not necessarily reflect the opinion of ezinepost.com. ezinepost.com  does not endorse any article and/or comments published by our web users unless otherwise noted. 

Member Panel

login to submit articles and more

StatisticsEZINEPOST.COM

  • » Active Categories: 419
  • » Active Articles:252609
  • » Active Authors:31915
  • » Active Members: 38222
  • » Statistics Updated:
    - Thu May 7th, 2020 12:50AM EST