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HOUSTON BUSINESS REVIEW
Can You Do It? Do You Have the Drive? By Adrienne Leigh
Adrienne Leigh is the President of FranNet of Houston, a franchise consulting firm that provides coaching to clients who are exploring franchise opportunities. She has over 20 years of experience in franchising and entrepreneurial start-ups. Each week, she will provide comprehensive information on the $1.5 trillion franchise industry.You can reach Addrienne at 713-586-8836 or via email. To learn more about Adrienne Leigh, check out her here
In this series, we will highlight the six questions you need to ask yourself before deciding to purchase a franchised business.
It is pretty easy to want to own your own business, but "want" is only one criterion to consider before making the financial and emotional decision to go ahead. The FranNet process should help you look at all those criteria.
- Do I understand and accept the responsibilities of owning my own business?
Franchisors do provide proven systems, training and support. But, franchisees manage the business and this will mean long hours and hard work. Are you aware of all that entails and are you willing to do it?
- Will I enjoy my business?
Before you even look at specific types of franchises, you need to examine who you are and what brings you personal satisfaction. Make a detailed list of what you want to get from your business. Once you know the attributes a business provides for you, you may be ready to begin looking at specific franchises.
- Am I willing to follow the franchisor's system?
You are paying a price to be a part of a franchise. Your investment buys a system of doing business and training to make you more proficient. It buys a brand name and standards to insure your customers will enjoy the same high quality experience in every unit of that franchise. Be very familiar with what the franchisor provides and ask yourself if you are willing to follow their procedures. If not, do not make an investment in a system you will not use.
- Do I have the personal attributes to be successful?
Speak to successful franchisees in the business you are considering and determine "Am I like them?" If they are outgoing, gregarious people, and you are not, it probably will not be a good fit. If the business requires highly organized people, and you are not, keep looking. Do not think you can change and learn these personal attributes. You are who you are and you can find a business for people like you.
Coming Next Week – Framework of a Successful Franchise
FranNet - The Franchise Connection provides FREE SERVICES for those looking to purchase their own franchised business. Ethical, experienced consultants give guidance, information and support while coaching clients to achieve their goals safely and affordably.
Meet real franchise experts and ask them questions, live!
FranNet - The Franchise Connection will be offering a series of free webinars, and seminars, each featuring a specific franchise opportunity, with valuable insight from an experienced FranNet expert.
Upcoming Webinars and Live Seminars
- Webinar - Friday, November 3rd @ 1:00-3:00 pm Central – Franchising – Is Business Ownership Right For Me??$$
- Webinar - Thursday, November 9th @ 7:00-8:00 pm Central – Franchising As a Career Alternative
- Seminar - Wednesday, October November 8th – Is Franchising a Good Career Alternative for You?$$$ (in Houston)
To register or to receive your personal Blueprint For Success and a free consultation with Adrienne Leigh, president of FranNet of Houston. Call 713-586-8836 or email aleigh@frannet.com Visit our website at www.frannet.com
Get a HoustonBusiness.com Basic Directory Listing for Only $4.95 a Month! Or get a Premier Listing with top billing, big print, and over $700 of free advertising for free for only $19.95 a month. Premier Listing requires a 12-month commitment. To take advantage of this excellent advertising value, send an e-mail to:kj_hbr@sbcglobal.net with "Listing" in the subject line or call 832.891.7367 to find out more.
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NONE OF THE OPINIONS EXPRESSED HEREIN ARE THOSE OF HOUSTONBUSINESS.COM™, THE HOUSTON BUSINESS SHOW, THE HOUSTON BUSINESS REVIEW, OR ANY OTHER FIRM OR COMPANY REPRESENTED OR REFERENCED HEREIN. FOR ADVICE OR OPINION, WE SUGGEST YOU CONTACT A QUALIFIED PROFESSIONAL OF YOUR OWN CHOOSING.
Adrienne Leigh
- Sound Decisions - What Should I Know About Franchise Rregulations and The UFOC? (March, Issue No. 1, Thursday Edition)
- Challenges to Finding the Right Franchise For You: Why Looking on the Internet can Actually Steal Your Dream of Business Ownership (January, Issue No. 3, Thursday Edition)
- Making a Sound Decision - What Questions Should You Ask Franchisors? (December, Issue No. 2, Thursday Edition)
- Franchise Selection Decision Plan (December, Issue No. 1, Thursday Edition)
- Solidifying Your Financial Plan (November, Issue No. 5, Thursday Edition)
- Business Preferences Questionnaire (November, Issue No. 4, Thursday Edition)
- YOUR Business Model (November, Issue No. 3, Thursday Edition)
- Framework of a Successful Franchise (November, Issue No. 2, Thursday Edition)
- Can You Do It? Do You Have the Drive? (November, Issue No. 1, Thursday Edition)
- Achieving Your Dream (October, Issue No. 4, Thursday Edition)
- So You’ve Found a Franchise… Now What? (October, Issue No. 3, Thursday Edition)
- Tired of Corporate America? (August, Issue No. 2, Thursday Edition)
- Myths vs Facts when Deciding if Franchising is Right for You – part 2 (May, Issue No. 1, Thursday Edition)
- Myths vs Facts when Deciding if Franchising is Right for You – part 1 (April, Issue No. 3, Thursday Edition)
- How Do You Choose A Franchise Consultant? (April, Issue No. 2, Thursday Edition)
- The Benefits of Owning a Franchise (April, Issue No. 1, Thursday Edition)
- Do You Have What It Takes To Be A Franchisee? (March, Issue No. 5, Thursday Edition)
- Adrienne Leigh – Houston Business Show Advisor on Franchising (March, Issue No. 4, Thursday Edition)
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