The franchise tips and advice I dole out tend to be focused on The You.
Like, this one:
“When you’re looking for a franchise, find one that’s right for You.”
In other words, don’t go out and buy a franchise just because “they’re everywhere.”
Like these hot franchises.
You should definitely keep the focus of your search on ones that are a fit for You. But, there’s something else that you need to do before you write The Check.
You need to make sure that the franchise concept is a fit for your local area.
A Concept With A Stellar Track Record
The franchise you’re thinking of buying may have an amazing track record. This track record could include things like record franchisee profits, no lawsuits, or failure rates that are less than 1%.
But, if it’s somehow placed in the wrong area of the country for it to thrive, that terrific track record could go right out the window-along with the entire investment of the franchisee that opened it up.
And, You don’t want to be that franchisee. No way. No how.
One would think that there would be safeguards in place to prevent something like that from happening. After all, it is a franchise-type of business, and all the kinks have been ironed out.
Except for one thing; we don’t live in a perfect world.
Money can get in the way of things. Like common sense. Or, patience.
The franchise concept you choose has to be right for you.
Important! If You've Aleady Found A Franchise To Buy Click Here
(Before You Send In Your Money & Sign Your Contract)
"I was pretty focused on a particular franchise opportunity when I reached out to Joel Libava. In the course of a 1-hour conversation, Joel was able to provide direct advice to help clarify the process for me and help guide me through the next steps in my vetting process. He even put me in contact with other professionals who were able to help educate me further in my particular industry. The time and money were well spent."
- Brian Grayson, Franchise Buyer, Cincinnati