Wednesday, September 16, 2015

Entrepreneurial Football: Team “Franchise” or Team “You”



Have you been thinking about the best way to start your own business? You know you can be a STAR because you have the drive to take on a difficult challenge. It’s just like being a quarterback. Will your talent and drive take you to down the field for a big score? When it comes to starting a business, you have a couple of options. Are you going to with the veteran Team Franchise? Or, will you go with your very own expansion team?

Quarterback
Team Franchise:  You
Team You:  You

Running Back, Wide Receivers, Linemen
Team Franchise:  Your “scouts” (franchisors) know key characteristics to look for in supporting talent. In some cases, they may help you find a manager.
Team You:  Do you know the right people? Do you know what to look for?

Coach
Team Franchise:  Your franchisor is there to support you. They have proven systems that have worked.
Team You:  Your on your own, looking for advice … Separate what you think will work, what won’t work.

Offensive Coordinator
Team Franchise:  Fellow franchisees can support you and let you know what has worked, what hasn’t worked.
Team You:  Do you have trusted people to help you out? Do you have people that will give you advice that you might now want?

The Playbook
Team Franchise:  A proven operations manual, computer systems, and other processes that have driven others down the field. There are times when you can audible and call your own plays.
Team You:  You are calling the shots. The question remains, what if you are up against a defense that you have never seen before.

Fans
Team Franchise:  The brand may have local fans that know what to expect.
Team You:  Your starting out with friends and family. You have to get more people to root for you.

Both Team Franchise and Team You are both viable options. In fact, the franchisors at one time were on their own “Team You.” But, as you can see in the above comparison … “Team You” starts out truly as you alone. “Team Franchise” has a developed support system to help you get down the field.

Don’t get tackled on the pursuit to a dream! Contact FranNet today to learn about our free services and consulting that can help you on the road to business ownership. We have free events and free webinars, as well as offer free one-on-one consulting with a no pressure, no commitment approach.

Thursday, September 17 – “Franchising as a Career, an Investment, or Both” 
10am – 12pm: Troy, MI 
Learn franchising basics, including the array of categories and investment levels available (starting at around $50K), and how to go about defining your own personal vision, matching that up with viable choices, and conducting proper due diligence to make sure you're selecting the RIGHT fit for YOU!
More Info | Register Now

Tuesday, September 22 – “Wanted: More Women Franchise Owners” 
2pm – 3:30pm: Online Webinar 
This free, webinar will help you understand the unique business opportunities available to women. FranNet works with women to help them understand special financial incentives, training available and business opportunities available only to women.
More Info | Register Now

Wednesday, September 23 – “Franchisor Spotlight: Home-based, Fast-Launching Marketing Services Concept” 
2pm – 3:30pm: Online Webinar 
Our Franchisor Spotlight features a powerful, business-to-business model that boasts an unlimited prospect base and promotes scalability with no additional franchise fees or royalties. Franchisees can acquire protected multi-territory and regional chains with large local markets and a circulation footprint that will likely expand.
More Info | Register Now

Wednesday, September 30 – “Is Franchising Right For You?” 
4:30pm – 6pm: Clarkston 
Linda Belford, franchise placement specialist from FranNet, will bust some common franchise myths, and enlighten you on the wide-range of categories and investment levels available today. She will also discuss the various entry strategies available in the world of franchising, ranging from single unit owner/operator to semi-absentee investor to regional developer.
More Info | Register Now

To find out more, contact me at 313-821-5060 or mcory@frannet.com.

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