Do you have any regrets buying your franchise? Do you wish you should of done it earlier? What has been your experience?
Re: Regrets/Wish you did earlier?
I wish we could of owned our franchise earlier. We were too afraid of leaving the corporate world and were miserable for the last 5 years of our corporate life. If we could do it all over again knowing what we know I would of left the corporate world along time ago to spend more time with my family and run my own business.
Re: Regrets/Wish you did earlier?
My husband bought a fairly new franchise concept and it ultimately went south. I wish we would of waited until there were more proven franchises out there before we bought to make sure the model was tested.
Re: Regrets/Wish you did earlier?
We had owned a franchise about 5 years ago. We were doing ok with it just enough to get buy on but we would of had to have 2 or 3 of the franchises to have enough to make the income we would of liked but then that creates a whole set of other issues. I would make sure that 1 franchise could create enough income for you
Re: Regrets/Wish you did earlier?
Most of my clients are happy with when they started there only regret is there royalty fee they have to pay.
Re: Regrets/Wish you did earlier?
We bought a pizza franchise and I wished we did it earlier though in retrospect we could of done the business ourselves. I always wonder how well we would of done if you established our own independent business and made of go of it. I think I would of been happier because I could be more creative
Re: Regrets/Wish you did earlier?
I think this is a really good article for anyone considering buying a franchise (and if that is why you are asking the question, then hopefully this will be helpful!).
To Franchise, or Not to Franchise...That is the Question - goWholesale
It's a quick read and offers some good points to consider.
Good luck!