Franchisee Profiler

Self Test Evaluation Form

Will I be successful in a franchise business?
This question is one of which many have asked themselves - while many others have achieved in their quest for independence and financial freedom. By now, I’m sure you’ve heard; the success rate for franchises is a whopping 94% due in large part to the franchisor providing a proven method of doing business as well as many other key elements necessary to compete successfully in the business arena. However, regardless of this fact, this is not a “one size fits all” industry. What may prove to be successful for one individual may not necessarily be the right fit for the next individual. Choosing the right franchise that reflects your personality, business skills and attainable goals will go a long way in achieving the success you’ve always dreamed of.

Will I be a good candidate for a franchise business?
To answer this question one must ask themselves some very important questions and even more important - answer those questions as frankly and honestly as possible. Rate yourself to the following questions on a scale between 1-5 (1 being the weakest and 5 the strongest)

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1. Are you a person that enjoys being in control?
2. Are you able to take directions from others?
3. Do you subscribe to the analogy - "The customer is always right"?
4. Are you a goal setter?
5. Do you have strong business and sales skills?
6. Are you a person that can relate to other people?
7. Do you have a strong desire to learn?
8. Do you consider yourself to be self-confident?
9. Do you get along well with others?
10. Do you follow business procedures well?
11. How would you rate your stress-tolerance?
12. As a business owner, how important is a flexible schedule?
13. As a business owner, how important is financial freedom?
14. As a business owner, how important is it to achieve results?
15. Do you consider yourself to be a decision maker?

Add your score to see how well you would do as a franchisee.

EXCELLENT - A score between 65-75
VERY GOOD – A score between 55-65
AVERAGE ABILITY – A score between 45-55

For scores falling below 45 or average ability, we would not recommend seeking franchise ownership.