Are you yet to make up your mind about whether buying a franchise is right for you? If so, you’re in tune with more than a quarter of the respondents to our online poll.
Right now 26.12 percent of you are telling us that you haven’t yet decided if you want to buy a franchise. Perhaps you’re looking at which new business option is right for you, perhaps you are considering the pros and cons of staying in employment? Doing the research on the benefits of a franchise is an important step to making the right decision.
For those of our audience which is further down the path towards a franchise purchase, the financial issues are dominant: 23.88 percent of you will invest in a system that gives you the best profit while budget is the driving force for 21.65 percent.
Are you budget, profit, or brand driven? Image: Polldaddy
Commitment to a brand has been expressed by 15.67 percent of you who already know where to invest. However, 12.69 percent of our audience has selected a sector for investment but has not yet identified the model.
Finding the right business model at the right price which will meet your personal and financial goals can take time and effort. It isn’t a job to be rushed, and conducting due diligence is an essential part of the process.
How are you choosing to buy a franchise? Let us know by voting now on our poll on the right of this page.