Franchise Genius Checklist - Is Franchising for Me?

Franchising is a great business model, but it's not necessarily right for everyone. These questions will help you think about some of the issues surrounding being a franchisee.

Can you take direction from others?
Are you willing to learn (and relearn) how to run a business?
Do you work well with a team?
Can you be both the leader of your own business and a fellow colleague of the brand as a whole?
Do you have even the incorrect impression that you can change the franchise according to your own market once you sign that franchise agreement? If you think you would have difficulty dealing with an contract that will control most aspects of your business -- down to the color of the restroom tiles -- you may consider opening up your own small business rather than purchasing a franchise.
Are you willing to work with the advertising, marketing, and promotional material supplied to you by the franchisor—even if you think you could come up with something better?
Do you have the personal drive to start up and run a business? Even at 70 hours per week?
Can you procure the necessary capital resources to support yourself and your family through the ups and downs of starting a new business?
Are you comfortable both hiring and firing people?
Will you become irritated at monthly financial reporting of your operation?
Have you discussed the sacrifices that would be required of you with your family?
Are they in agreement with your decision to start a franchise?
Are you comfortable with the loss of company benefits such as health care, retirement, vacation or sick leave?
Are you in good health?
Do you deal well with stress?

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Brilliant
Ideas

CTi Concrete Technology
$9,500

Concrete Technology resurfaces decks, walkways, driveways, patios, interior floors, and swimming pools, giving them the look of stone or any other look desired by the customer. The CTi system is more durable and fade resistant that concrete, and is less expensive to install than removing existing and reinstalling surfaces. CTi provides free estimates.

Club Z! In-Home Tutoring
$1

Club Z's one-on-one tutoring program helps students improve their grades, raise their test scores, learn productive study skills, build their academic self-confidence, and reach their full potential. Club Z provides highly individualized instruction in the comfort and security of home, free from distractions. Tutoring sessions may also be scheduled at schools, after school facilities, libraries, or community centers. Club Z serves all ages, pre-kindergarten through adult, and tutoring is available in all core subjects - reading, mathematics, science, history - as well as study skills, foreign languages, standardized test prep, assessment testing such as ACT and SAT, music lessons, and much more.

Massageluxe
$43,000 - $128,500

If you have the drive and determination, MassageLuxe has the experience and know-how to ensure you succeed in your own high quality massage business.

Bookeeping Express
$75,000

Since its inception in 1984, Bookkeeping Express has helped thousands of small businesses throughout the United States. We focus on in-house financial reporting along with providing sound business strategy that helps drive annual revenues and profitability.

Yo Naturals!
$50,000

YoNaturals offers a complete, turn key solution for any and all premiere locations wanting to benefit from the Healthy Vending concept. YoNaturals is leading the fight against junk food in Vending machines.

Firestorm Franchising
$50,000 - $115,000

Firestorm provides crisis management, risk mitigation, & business continuity & pandemic plans. Our PREDICT. PLAN. PERFORM. Process creates a strategic advantage for clients to outperform competition.

Mainstream Boutique
$20,000 - $45,000

Mainstream Boutique is an exciting retail and fashion franchise concept that sells some of the fashion world's most unique clothing, accessories and giftware at franchise-owned retail stores, and a variety of direct sales venues such as home parties and corporate sponsored events. Our clientele is all ages, all sizes and always on the lookout for something out of the ordinary at affordable prices. Our franchisees are savvy, sales-oriented, and love working with people. Whether you are looking for the perfect outfit, or the perfect business opportunity, Mainstream might be for you!

The Tan Company
$187,750 - $251,000

The Tan Company is a tanning salon. The Tan Company offers 5 Star tanning facilities, and world-class skin care products in a clean tanning environment.