It Needs To Be Multiple Choice

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(Courtesy of albertogp123, on Flickr)

You need to have choices. All of us do.

If you’re looking around for a franchise to buy, don’t make the mistake of only focusing on one.

Here’s why:

The franchise concept you’ve been obsessing over for months now may turn out to be a

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(Courtesy of Boccaccio1, on Flickr)

Think about it.

All the hours you’ve spent checking out their franchise website…all the time you’ve been spending in your car-driving around to scout out possible locations for your new business…

And, all of those great daydreams you’ve been having about how your future franchise empire is going to look someday.

May turn out to have been a waste of time.

In other words, what if the franchise you’ve been thinking of buying turns out to be nothing even close to what you imagined it would be?

What if your role as The Owner involves a few things that you aren’t very good at?

Or, what if you find out-after doing great research, that it’s going to take a lot longer to make money than you originally thought?

 

Have Other Franchise Choices

If you only look at one franchise opportunity, you have nothing to fall back on if things don’t work out as you hoped they would. Plus, you will have nothing to compare it to.

You need some choices.

I talk about this topic more during my interview on The Small Business Advocate radio program that is now available for you to listen to at your leisure.

I also discuss my franchise outlook for the next 4 years.

Listen Now 

 

Search Franchises Here 

 

 

How Good Are They Online?

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Here’s something to add to your list of things to do before you sign a franchise agreement;

Take a look at the franchise’s online expertise.

In other words, are the things they’re doing online first-class?

 

Your Online Experience

Can you remember what your initial thoughts were when you first arrived at their website?

Did you like it? Was it professional? Or, was it kind of cheesy?

And, do you remember how easy their franchise website was to find?

Better yet, if you found their opportunity by yourself-online, can you remember what search term you used?

 

Google It Now

I have a little test that you can perform, right now.

Do a search on Google or Bing of the category the franchise concept is in.

For example, if the franchise you’re looking into is a food franchise that specializes in burgers, type “burger franchises.” See what comes up first. (Actually, see what comes up on the search engine’s first page.) Is “your” franchise listed?

Another search engine that you may want to try is Dogpile.

Dogpile is a metasearch site—that means that it searches multiple engines. I use it a lot; it’s pretty good.

The goal here is to find out just how strong the online presence is of the franchise opportunity you’re thinking of investing in…becoming the owner of.

I’ve provided a few more ways to do so in this franchise article at SBA.Gov.

 

franchise direct 250x250 How Good Are They Online?

 

Could A Fitness Franchise Get Your Financial House In Order?

I ask this question of youfuture franchise owners. And, I have a great reason for doing so.

Fitness Franchises Are Still Hot. 


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(Photo courtesy of Neeta Lind, Flickr)

Most people, when discussing franchise business opportunities of the fitness type, think of 24-hour fitness studios. And, that’s fine. They are seem to be doing pretty well.

But, is this the time to invest in one?

 

Fulfilling A Need

We can debate on whether or not getting in shape is a need or a want, for days on end. For example, I know that I need to work out…get in shape. But, I’m not sure I want to. That’s because it takes work. And, some commitment. And, a little extra money.

But, if you, (in your heart) feel that most people are looking to live longer, lose weight, slim-down…then maybe you should get on board.

By on board, I’m referring to the steps you’re going to need to take to become the owner of a fitness franchise. And, one of those steps involves a simple gut-check.

 

Gut Check #1

Are you ready to become an owner? Good. There are several things you need to look into, including the franchise concepts themselves. And, yourself. So, before you start looking around, do this.

One more thing; you have to decide if the fitness-related sector of franchising still has some room to grow. Read this article from The Street.com.

 

Gut Check #2

Are you ready to work harder than you ever have before? Is your family going to be okay with your hours?

Is your family even on board? 

Better find out.

Or, you may have a lot of extra time on your hands.

To get in shape. 

 

Check Out These Fitness Franchises 

 

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