Self Test to Determine if you are compatible with franchise ownership

The purpose of this test is to give you a good read on your suitability to own a franchise. Be upbeat when answering, avoid being hypercritical and preventing yourself from ever purchasing a franchise. Just be honest with yourself. You will really know if franchising is right for you.

1) Why specifically do you want to own a franchise? Is it to get rich, or is it to get on easy street and not have to work hard or work long hours? Is it to be your own boss and control your own destiny? Is it because you just can't stand what you're doing now?

2) Are you money motivated? Do you have to make more money? Do you feel that you are at a dead end where you are now?

3) Do you fit in the corporate environment? Do you like working for someone? Have you ever been called a misfit, a maverick, or a malcontent?

4) Do you really enjoy working hard, even if there is no immediate reward?

5) How self reliant are you? Do you wait for others to take the initiative? Do you need the approval of others and considerable support before you make a decision, start a task, or move in a new direction?

6) Are you a risk taker? Are you willing to place your time, energy, and money into a venture that has the possibility of failing?

7) Do you take real pleasure in being the boss, or having the authority and responsibility for the success or failure of a new venture?

8) Are you a positive person?

9) Do you have good people skills? Can you interact with people effectively? Do you like people?

10) Can you stick to the franchisor's system, or do you have to do everything your way?

11) Do you like to teach? Do you enjoy training people in new tasks?

12) Can you handle multitasking? Can you cope with the multiple demands of operating a business?

13) Are you willing to accept the help of others?

14) Do you have the determination to get what you want and go for it 100 % ?

Are you ready to begin? Click Here and fill out a short form so we can contact you and we'll get back to you right away.

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Home | History of Franchising | What is Franchising? | Why Buy a Franchise? | How to Select the Right Franchise | Self Test #1 - Determine if you are suited to franchise ownership | Self Test #2 - Determine what type franchise is a good fit for you | Future of Franchising | Help in Buying a Franchise | Franchise Listing |Franchising Your Business | Help in Franchising your Business | International Franchising

 
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FranInfo - email: Howard Bassuk, Tel: (858) 490-1188 - FAX: (858) 490-1235
Last Revised: June 12, 2000, Copyright © 2000."