The process of selecting the right franchise is so important to the success of a franchisee and it isn't something to rush through.
HIRE YOURSELF specializes in helping people select the perfect franchise and in this episode Nat and Pete talk about the process and what candidates should look for in a franchise to find a match.
They discuss deciding if you want to work in or on the franchise. There are huge differences between those two options and the flexibility a candidate.
The semi-absentee model requires a very hardworking candidate with a flexible schedule to be successful, but it is incredibly popular with many candidates. Many candidates are ready to go full-time on their new business and the guys discuss the advantages of that.
Many people searching for their first franchise want a well-established business and Pete and Nat explain why that might not be the best choice, or even work out!
A lot of candidates only think of franchises as retail locations and forget there are many service industry franchises out there that are great choices. During this episode they discuss the advantages and disadvantages to brick-and-mortar versus service-model franchises.
Territory can be an issue if a candidate rushes into a particular franchise, or comes into their search deciding on only one option. The hosts discuss finding a location and how to navigate the process.
The episode closes talking about the costs a candidate can expect based on the style of franchise they select to pursue.
You can read the article based on this podcast on our website.