I receive about 2-3 calls a month from folks inquiring about franchising their concepts. Most of them are food related businesses, and are not even close to being ready for the commitment of time and money to turn a business into a franchise model. Another 75% of them don’t even have anything proprietary.
Marcia Pledger, a reporter for The Plain Dealer, writes an interesting column every Monday called "My Biggest Mistake." Great reading for entrepreneurs…
In this story from last month, Marcia shows us an example of a business that never should have been franchised…. Like this one…Don't Go Yet! These Franchise Opportunities Are Worth A Look:
A Smartphone Profit Center
No Employees Needed With This Franchise Business
Make Money Making Stuff Look Like New
A Franchise That Helps Children Thrive
An Opportunity To Make Money Outdoors