I receive 3-4 phone calls a month from some great folks who excitedly share their small business stories with me. They share their product and service ideas, and tell me that they are interested in franchising their concepts.
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Their enthusiasm is fantastic, and they really do believe that they have something to franchise. Maybe they do, maybe they don’t. Sometimes turning their business into a dealership, or a distributorship, is a better way to go. Sometimes, they need to be in business longer, or add another location or two. Adding another location will help them start thinking of their business in a different way. They’ll start thinking of the duplication factor. I just wrote an article over at Business.Gov that’s a little more in-depth.
I attended BlogWorld last month, and Abby Johnson, of Small Business Newz And WebPro News, was there with her camera crew….We talked about franchising a business.