A supportive spouse or life partner is essential in any endeavour, especially in a franchise or independent small business.
However, such support is not always unconditional, and franchisors often find that the type of support provided by a franchisee’s spouse may strongly influence whether the franchise relationship will be positive or negative.
In this regard, franchisors (and franchisees for that matter) should understand how a spouse can be an ally or an enemy in the franchise relationship.
Many spouses (and for the balance of this article the word spouse will also be used to represent life partners) will generally be involved in the decision-making process to go into self-employment via franchising.
In most cases the decision to buy a business (franchised or otherwise) will be a joint decision, but often the process is triggered when one of the couple becomes dissatisfied with their career, is made redundant or quits their job, or seeks a change of pace and/or lifestyle. Read full article.