Thank you so much for your comment. I have been a fan of yours on Twitter for a while as @franchiseking. I consider you the expert on franchising, so I am glad you liked my article.

Keep doing what you do.

Best–
Melinda Emerson
@smallbizlady

Thank you so much for your comment. The key in any business is research, but that especially true for a franchise business as all franchises are not created equal.

@expansionexpert I love what you do on Twitter.

Continued success in your business.

Melinda

This is a great post. You’ve summarized the major points nicely and you brought to the reader’s attention a very important point: Buying a franchise is not an assurance of success. It can greatly improve your chances, but it is not an insurance policy. There are many variables involved in the success of a franchisee, and some important ones are often overlooked such as the beliefs and the readiness of the franchisee.

You mention that the key is research. And you are absolutely right. The research however needs to be internal as well as external. If you want to invest in a franchise, thoroughly research the company and the business AND also go inward. Go beyond the traditional inventory of skills and experience and examine what you really want in life, indentify the beliefs that may impede your ability to succeed in the franchise and learn to replace those beliefs with those that will support your success.

Again, wonderful post Melinda!
.-= Lizette Pirtle´s last blog ..Franchisees –Do You Need to Change Your Lenses? =-.

Thank you so much for the mention! Good job on the article, too…:)

The Franchise King
Joel Libava
.-= Joel Libava´s last blog ..My Franchise Business Advice For The Week Of October 19th, 2009 =-.