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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.

  1. 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?
  2. 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.
  3. 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.
  4. 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



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Adrienne Leigh



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