Sunday, July 28, 2013

A Franchise Evaluation Checklist ( Myself )

1. Are you qualified to operate a franchise successfully? Do you have adequate drive, skills, experience, education, patience and financial capacity? Are you prepared to work hard? 
My answer is yes.  I have all the qualities above and I will work hard for it. 


2. Are you willing to sacrifice some autonomy in operating a business to own a franchise?
Of course, I will. I also will work hard and pay all my attention in this franchise business.


3. Can you tolerate the financial risk? Would business failure wipe you out financially?
Yes, I can accept the finacial risk. If the business really failure, I think I would let it to another person.


4. Can you juggle multiple tasks simultaneously and prioritize various projects so that you can accomplish those that are more important.
Sure. I will plan my timetable well so that I can handle well for the task given in this franchise business.


5.Are you genuinely interested in the product or service you will be selling? Do you enjoy this kind of business? Do you like to sell?
Yes, I am enjoy in this kind of business.


6. Do you enjoy working with and managing people? Are you a “team player”?
Sure. I like to work in a team. Without a team, you could not do anything.


7. Will the business generate enough profit to suit you?
Yes,just good.


8. Has the franchiser investigated your background thorough enough to decide if you are qualified the operate the franchise?

Of course, the franchiser need to investigate my background thorough enough to decide if I am qualified to handle the franchise.

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