Today’s future franchise owners have over 3,000 different franchise business opportunities, (that are divided into different sectors) to choose from. Picking the right ones to start investigating can be quite overwhelming to most mere mortals.
(An overwhelmed franchise buyer.)
In our content-rich world, there’s a plethora of high-quality franchise articles to read; some of them can really help those who are looking to Own What They Do become extremely well-versed in all things, “Franchise.”
But, there’s a limit. It’s great to become an educated franchise buyer. It’s my feeling that if more franchise buyers would take the time to learn about the business model of franchising–the pros and the cons, the failure rates would go down.
If you feel that it would be wise for you to take a step back…right now, and learn about the franchise business model, and how you can benefit from it, type your email address in the form below, and grab my Free Intro to Franchising eBook. It’s been downloaded over 1,000 times.
I know that you’ll find it useful.
Speaking of Something Really Useful
Patricia Orsini, the Small Business Editor for CNBC.com, contacted me a couple of weeks ago about a story she was doing on franchising. She wanted to know what I thought the most promising sectors in franchising were these days. (To Patti’s credit, she had already picked several that were right on the money–she just wanted to make sure that she was on the right track, and see if she was missing any.)
A gentle tip from The Franchise King®:
Do not buy a franchise until you know EXACTLY how to do thorough research.
Learn how here
She also wanted some tips that her readers would find valuable, and I offered several. Some of them were trend-related, and some were focused more on franchise due diligence.
The final result; take a look at what the CNBC.com team put together–in the form of a great slideshow featuring today’s most promising sectors in franchising.
The CNBC.com Slideshow
What franchises do you think hold the most promise this year? Tell me…