8 Franchise Ownership Myths


Entrepreneur:

Here are eight franchise myths that will help you realistically evaluate whether buying a franchise is right for you:

Myth 1: I’ll only be successful if I find the right business.

Myth 2: I can only be successful doing something I love.

Myth 3: I’ll instantly know the right opportunity when I see it.

Myth 4: I can’t be in a business I know nothing about.

Myth 5: there’s no freedom in a franchise–corporate dictates everything.

Myth 6: Franchises stifle creativity.

Myth 7: I can’t afford a franchise.

Myth 8: I’ll have to quit my job to become a franchisee.

Photo by wikimedia.org.

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