Franchising Is Not For Everyone
No, you're not a bad person if you don't think franchising is for you. Not every business model is going to be good for every entrepreneur.
It's worth considering that your business might not be a good fit when you're researching how to start up, or even doing your due diligence on potential franchisees.
But it's also important to remember that just because it doesn't work out as one particular avenue of entrepreneurship doesn't mean the door has been closed on all other options — like self-employment, or running a service-based business by yourself.
Whether you're a would-be entrepreneur or a current franchisor, it's important to remember that there are no universal truths when it comes to business models. You might be the right person to run an incredible business, and it might be something that works out fantastically well for you. Or you might realize it's not for you, and move on.
The advantage of a business model is that it allows flexibility for some people — especially someone who wants to get into entrepreneurship but isn't sure where he or she wants to land. Franchising allows people to be able to test the entrepreneurship waters — and try it out — without having to go all in.
The most important thing you can remember, though, is that if it doesn't work out, there are still other options available.
DISCUSS
No, you're not a bad person if you don't think franchising is for you. Not every business model is going to be good for every entrepreneur. It's worth considering that your business might not be a good fit when you're researching how to start up, or even doing your due diligence on potential franchisees. But it's also important to remember that just because it doesn't work out as one particular avenue of entrepreneurship doesn't mean the door has been closed on all other options — like self-employment, or running a service-based business by yourself. Whether you're a would-be entrepreneur or a current franchisor, it's important to remember that there are no universal truths when it comes to business models. You might be the right person to run an incredible business, and it might be something that works out fantastically well for you. Or you might realize it's not for you, and move on. The advantage of a business model is that it allows flexibility for some people — especially someone who wants to get into entrepreneurship but isn't sure where he or she wants to land. Franchising allows people to be able to test the entrepreneurship waters — and try it out — without having to go all in. The most important thing you can remember, though, is that if it doesn't work out, there are still other options available. Source: http://www.entrepreneur.com/article/241098
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DISCUSS
No, you're not a bad person if you don't think franchising is for you.