Joel LibavaIf you are thinking about becoming your own boss, and the business model of franchising is intriguing to you, where do you start your search for a franchise?
1st off, what exactly is a franchise? Read
There are a few different routes to start your franchise search at. You can:
1. Go to a bookstore, and purchase a few magazines that have information on franchises and business opportunities.
2. Go to the library with a notebook, and copy down some information from the magazines mentioned above, and look at a few outdated books.
3. Look for a locally based franchise consultant/broker, who knows your area, and can help you narrow things down, significantly. I know a few… Here is one
4. Ask your Uncles, Aunts, 4th Cousins, Co-Workers what franchises are "hot"
{But..read this article before you do that!}
5. Go online-kinda like what you are doing now, and search some good Franchise Directories.
Like this Directory!
One of my websites just happens to have a directory.
Franchise Directories can be a great source for you. If you are not really sure what is "out there", you can find out quickly from a Directory. A good directory breaks the numerous franchise opportunities down into categories. Things like:
- Automotive
- Health Care Related
- Computer & Internet Related
- Food Related
- Children’s Services Etc.
- Low Investment Opportunities etc.
You can request information from a few different franchise concepts, with no obligation. This type of early searching can be really helpful, as it can get you looking at a brochure or two, and you can start having a conversation with the franchise director/rep. They will tell you about their concepts, and will also ask you about your background, professional skills, and other pertinent information. No big deal. Get your feet wet. Learn!
Now go on, and……..
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