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Franchise Blog

A Franchise Business is Not the Right Opportunity for Everyone

  Frank Berger  |    Sep 23, 2009 2:00:38 AM  |    Founders Blog,  |    Franchise Opportunities

franchise crossroads

 

Just last week we discussed the philosophical difference between wanting something and needing something. 

Joining a franchise business is not a perfect business opportunity for everyone. Sure franchise businesses have a greater chance for success (a U.S. Dept. of Commerce study reveals that over 90% of franchises are still trading profitably after 7 years compared to a 80% failure rate for independent start-ups). However, some people would fare better working for a company or starting a business on their own.

  • If you don't like following guidelines, don't purchase a franchise business.
  • If you are one of those rare individuals that is always the smartest person in the room, you may not want to purchase a franchise business.
  • If you want to totally change a franchise operating system before you purchase it, don't purchase that franchise business.

If you are seeking a proven franchise business opportunity give us a call. Be cautious of a franchise that needs you; we don’t just approve anyone. However, if you have the right combination of integrity, business acumen, and financial stability we want you as a Franchise Partner.

Do you have a net worth of at least $100K? Do you have $25-35K to invest in yourself? If you are not afraid of hard work and want to talk about owning a You've Got Maids franchise please call our Franchise Approval Department 843-388-7887 to discuss your options.

 

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