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Seven signs franchise ownership is not for you

David Weaver

A meaningful share of the people we speak to should not buy a franchise. Working that out in a fifteen-minute call is a good outcome, not a wasted one.

Here is what tends to indicate it.

1. You want to improve the system

When somebody hands you a proven process, is your instinct to run it or to fix it?

If it is to fix it, a franchise agreement will frustrate you for years. You will be paying a royalty for the right to do it their way, while believing your way is better. That is a miserable arrangement regardless of whether you are right.

2. You are running away rather than towards

A bad manager, a stalled promotion or a dull role are real reasons to change something. They are poor reasons to commit several hundred thousand pounds and five years.

The test is whether the specific business still appeals if your current job improved tomorrow.

3. Three to five years sounds unreasonable

That is the realistic window before a franchise business pays out what you put in. People who hear that number and find it outrageous are telling us something important about their expectations.

Strong operators hear the same number and see the trajectory immediately.

4. You are counting on it being easier than corporate

It is a different kind of hard. In a corporate role there is infrastructure beneath you. In your own business you are the infrastructure, and every problem lands on your desk with nobody above you to escalate to.

Anyone who tells you ownership is the easier path is selling something.

5. You cannot fund the working capital

Not the franchise fee. The money that keeps the business alive between opening and reliable profitability, plus your household costs during that stretch.

An underfunded business run well still fails. If the numbers only work assuming everything goes right, the numbers do not work.

6. Your household has not actually agreed

Being informed is not the same as agreeing. The middle stretch is hard, and the people who get through it are almost always the ones whose partner was in the decision rather than told about it.

If you are reading this without having had that conversation properly, have it before you speak to anybody.

7. You want to buy a brand

If the appeal is a name customers recognise, pause. Brand awareness is a result of consistent execution rather than a starting point you purchase. The well-known brand in the good neighbourhood usually already has an owner there.

Wanting the result without building it is the most common reason people end up disappointed with a system that was working exactly as designed.

None of this is discouragement

Franchise ownership has been very good to a lot of people, including us. The point is that it suits a specific temperament and a specific set of circumstances, and finding out which you have is cheap and quick.

We would rather help you reach a clear no than a slow maybe. That is what the first call is for.

Not sure where to start? That is what the first call is for.

A 15-minute conversation, no cost, no obligation. We will tell you honestly whether franchising fits what you are after.

Whichever of us you pick, the call is the same.