Just like with any business, when it comes to franchising it can be tough to know where to start. So we’ve rounded up our top suggestions for finding the perfect franchise.
Finding the right franchise business has never been easier. Simply set up your search in the Franchising Directory, browse your favourite brands and choose from franchise opportunities in your city, province or region.
If you’re interested in starting your own business, start by taking some time to learn about the process and figure out whether franchising is for you.
Franchising can be a complicated process and you can spend a lot of time researching your options before you even know if it’s the right business for you. Here’s a list of things you should think about before you make the leap.
Who are the franchisees?
Before you jump in to franchising, make sure you know who the franchisees are. You’ll want to make sure you find a company that has a proven track record of success, and who you know and trust.
Also, you’ll want to look for veteran friendly franchises who have made some important life decisions, like starting a family and having a sense of purpose at work. It’s not just about what a franchisee will do for you. It’s about what a franchisee will bring to you. If you can’t find franchisees you like, maybe you should consider a different franchise option.
What do you have to offer?
Part of the process of franchising includes offering something of value. When you go to buy a franchise, what does that company offer that you don’t?
You may be asking for something that’s totally unrealistic, but if you’re serious about franchising you need to be prepared to make a serious investment. You’ll want to figure out what it is you’re offering so that you can make sure that it’s something a lot of people are looking for.
For example, if you’re opening up a tea shop you may want to consider offering organic, fair-trade teas. This will make your franchise stand out in the crowd.