A successful franchisee should be suited to the industry of which he or she is a part,
suited to the particular franchise company, and suited to the franchise system generally.
Important questions to ask yourself include: Am I suited to the industry physically and by
experience, education, learning capacity, temperament and financial ability? What type of
work is most appealing to me; for example, do I enjoy working with food, mechanical things,
people, real estate, books and recordings, sporting goods, etc.? Am I prepared to work hard
and take financial risks? Do my advisors, family, and friends think I am adaptable and
trainable? How do I react to controls? Am I a loner - resenting authority and restraints,
or can I accept guidance and direction happily? If I prefer to act as a passive investor
in the franchise, will the company accept this? How do I personally feel about the company's
image and products and services? The right answers to these types of questions help determine
your potential success as a franchisee.
