What Is The Best Franchise Fit For YOU?
When it comes to choosing a franchise, the biggest mistake you can make is choosing a brand and model that does not fit your work style, culture or values.
Why does this matter? It matters because if you invest in a business that does not align with your unique values, culture and workstyle you will regret your investment and will be out of business faster than you went in.
Many people have the common goal of getting into the franchise industry but do not end up getting high quality advice. As a result, they regret their investment.
The difference between the franchisees who succeed and those who don’t is the prior research they do, and if they worked with a franchise specialist, especially one who has walked the path and has more experience than them.
Many people get into franchising without working with a franchise consultant or a franchise agency. They also have never completed a franchisee-franchisor compatibility fit.
I would say that is a crucial mistake as franchise consultants have years and years of experience and know how to solve problems when they arise. Also, a franchise compatibility fit will prevent you from investing in the wrong franchise.
That is why the team at Bailey Brown The Franchise Agency are strong proponents of using our proprietary software- The Franchise Fit Finder to help our clients find the right franchise fit.
Many of you are probably wondering what value a franchise assessment tool can offer? Or why should you do one
The biggest value of a Franchise Fit Finder is that you will get started in a business faster, you will perform better, and you will stay longer with the right franchise brand for you.
With the Franchise Fit Finder, you will find your personality type, what skills you have, what goals drive you, and match your previous work experience to find the best possible franchise fit for you.
For example, if your top three values are fun, Innovation and self-expression, naturally, you are someone looking for an innovative and fun environment where you can express yourself freely.Therefore, buying an accounting or tax franchise may not be a fit for you.
On the other hand, if your top three values are contribution, security, and loyalty, you are motivated by a desire to contribute and to be secure. You would prefer to align with a company that is proven dependable and safe while using your knowledge to make a difference.
How do you know what your top values and competencies are as it relates to finding a franchise? When you complete our proprietary Franchise Fit Finder, you will get:
- A customized report of what your top values and competencies are.
- A list of your top 5 franchises to consider
- Industries to consider
- Stages of business development
- Business path
- Workstyle as it relates to a business fit and more
There are many ways you could buy a franchise, however , there is nothing like taking a standardized franchise fit assessment.
In business, there is a term called product-market fit where the market has a demand for a product and it is something that the consumers always wanted and are willing to pay for. In this sense, after completing the franchise assessment tool it can lead to the franchisee-market fit.
At Bailey Brown The Franchise Agency, we offer a state of the art franchise assessment tool which offers many unique features. Feel free to email us at firstname.lastname@example.org or call us at 1-888-765-3394 to discuss how you can use this tool.