Questions to ask yourself
 

  1. What is your net worth?

  2. How much do you wish to invest?

  3. Do you require a specific level of annual income?

  4. In what environment do you see yourself – retail, mobile or office?

  5. Are you interested in pursuing a particular field?

  6. Do you want a part-time or fulltime opportunity?

  7. How many hours are you willing to work?

  8. When do you want to work – hours, days of the week?

  9. Do you want to have employees?

  10. Do you want to have inventory?

  11. Do you prefer a cash business as opposed to one that must carry accounts receivable?

  12. Will franchise ownership be your primary source of income or will it supplement your current income?

  13. Would you like to own several outlets or only one?

  14. Have you considered master franchising?

You may also find this article that covers a list of Top 10 Questions to Ask Yourself Before Buying a Franchise.



 

 

 

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