Answer: Owning a franchise can be one of the most rewarding parts of a professional career, but a small portion of entrepreneurs may find that the franchise system is not the ideal fit for them. Franchisors require franchisees to follow their standard operating policies and procedures in order to maintain brand consistency across the chain. This can be a challenge for independent-thinker types who like to create their own systems. Franchisees must be willing to follow a system in order to maintain the level of service and brand standards already established. Franchisors will expect you to meet operational excellence standards; you will be routinely monitored and evaluated. But franchisees should also remember that they are backed by an established brand with potentially decades more experience in a given industry. A lack of total independence is often the best part of franchising, but nonetheless, it is something worth considering before purchasing a franchise. [1]

Read our article “Pros and Cons of the Franchise Relationship” for some key aspects to consider before purchasing a franchise.