How Should I Evaluate a Franchise Opportunity?
How should an aspiring business owner evaluate a franchise opportunity?
Position yourself for growth in 2017—join us live at the Entrepreneur 360™ Conference in Long Beach, Calif. on Nov. 16. Secure Your Seat »
Finding a franchisee role that suits you requires some thought prior to beginning your investigations. You need to figure out what you like doing in a business role, what you're good at, what you hate doing or aren't good at, what hours you want to work, what sorts and numbers of employees you are comfortable managing, and other workstyle preferences. There are many factors involved in forming the franchisee role in any business, so you need to ask lots of questions to determine a typical "day in the life" of a franchisee before buying any franchise.
For more on sizing up a franchise, check out the tips and advice on Entrepreneur's How to Buy a Franchise page.