You are about to make a career decision-investing in a franchise business-and you are overwhelmed with questions and doubt and an addictive desire to seek comfort at an all-you-can-eat buffet.
To avoid unnecessary weight gain, there is one truth to accept: buying a franchise business is an emotional decision. And that is the way we humans are wired-so is choosing a college, buying a car, and selecting a color to paint your house.
Be assured, though, that you will have plenty of help to make an "informed" decision. You will be inundated with thoughtful franchise information. You and your lawyer and accountant will pour over Financial Disclosure Documents. You will talk with franchise owners. BUT, you will have to feed your gut with a decision that feels right.
There is one franchise metric, however, that stimulates both rational and emotion buying motives: The growth of the franchise system. Past, present and future growth is a tangible barometer of your opportunity and your potential to realize your personal and professional goals. The numbers also reveal intangibles worth considering:
- Morale - Staff and franchise owners in growing systems swing for the fences with an enthusiasm that is contagious and self-fulfilling.
- Hiring - Growing brands are magnets for the best employees, which breeds franchise excellence.
- Decisions - There is a confidence and trust in the process that broadens decision-making from committees, legal departments and accountants, and opens opportunities that stagnant, defensive brands will avoid.
- Innovation - Growing franchise brands reject the status quo and reward ideas, "What if" thinking, and creative problem solving.
- Teamwork - Employees and franchisees pull together for the greater good, not to circle the wagons, but to push forward with collective ambition and horsepower.
- Customers - From the manner in which a company's phone is answered to the service quality and follow up, customers are attuned to a company's situation and mood, which influences buying decisions.
- Development - When a brand is making a name for itself, entrepreneurs are apt to say, "I've heard of you, tell me more.
The first question to ask in your due diligence process is quite simple: "Is the brand growing?"
That is what you want to know. And if it is growing, that is where your money should go.
To find out more about a ProTect Painters Franchise, please visit www.protectpaintersfranchise.com or call 888-464-4242.