Try GOLD - Free

How to Pick the Perfect Franchise For You

Entrepreneur US

|

Startups - Spring 2024

There are a lot of great brands out there. But that doesn't mean they're all a great fit.

- JIM JUDY

How to Pick the Perfect Franchise For You

With new franchise brands entering the market almost daily, it's easy to get caught up in the latest trend. But prospective franchisees should think twice about choosing a brand that the experts are calling "the next sure thing."

You're not making a quick bet on a favored horse or a booming stock. You're making a major investment in a new life. So whenever a franchise candidate asks me what's hot in the industry, I say, "You are." Because even if they align with what the buzzy new brand is looking for, they're often better suited for something else.

To find the right fit for you, ask yourself these five questions:

1 Which brands meet my professional goals?

MORE STORIES FROM Entrepreneur US

Entrepreneur US

Entrepreneur US

Your 5 New Favorite Things

With Emmy Award-winning tech expert Mario Armstrong's top finds, your 9-to-5 will have more joys and fewer frustrations-and your downtime will benefit too.

time to read

2 mins

September - October 2025

Entrepreneur US

Entrepreneur US

AUTOMATE YOUR CUSTOMER SERVICE

Want to drive more business with less work—but still keep it personal? We asked a digital marketing expert who specializes in hyperlocal businesses for his top recommendations.

time to read

2 mins

September - October 2025

Entrepreneur US

Entrepreneur US

OUR BEST-EVER PROMOTION

Want to draw new customers to your business? Take inspiration from these shops on our list, who share their greatest attention-getting ideas.

time to read

3 mins

September - October 2025

Entrepreneur US

Entrepreneur US

DEALING WITH ECONOMIC UNCERTAINTY

Many small businesses are feeling the impact of tariffs and other policy changes. Here's how they're managing.

time to read

2 mins

September - October 2025

Entrepreneur US

Entrepreneur US

'There's No Days Off'

What does it take to compete at the highest level? Billionaire Mark Cuban and NFL star Micah Parsons have the answers.

time to read

5 mins

September - October 2025

Entrepreneur US

Entrepreneur US

My Biggest Change as a Leader

Mindset shifts are hard, but they can be the key to success. We asked six business leaders how they began to look at things differently.

time to read

2 mins

September - October 2025

Entrepreneur US

Entrepreneur US

WHAT TOP PERFORMERS HAVE IN COMMON

Every franchise has a top-performing franchisee who drives the most business. These people tend to share two key qualities: a willingness to do the dirty work, and a purpose far bigger than profit.

time to read

10 mins

September - October 2025

Entrepreneur US

Entrepreneur US

HOW TO BUY A LOCAL BUSINESS

Want in on the mom-and-pop-shop life? It's easier (and more profitable) than you might think.

time to read

4 mins

September - October 2025

Entrepreneur US

Entrepreneur US

I SOLD MY SMALL BUSINESS. NOW WHAT?

Building a local business is hard. But saying goodbye isn't easy either. Here's what I learned—and what every small business owner should know.

time to read

5 mins

September - October 2025

Entrepreneur US

Entrepreneur US

She Owns a $12 Million Staffing Franchise

After watching her mother run businesses in Indonesia, Josephine Suryono knew she'd one day do the same-just on a different continent.

time to read

2 mins

September - October 2025

Listen

Translate

Share

-
+

Change font size