What are your strengths and weaknesses? Do you
have an outgoing personality? Are you good with
people? Do you like a desk job or would you
prefer being out and about? How do people react
to you? Do you make friends easily? Do you get
angry easily? What is your boredom threshold?

Once you have answered these questions then it is
time to evaluate your finances. How much money do
you have? How much money can you raise from
family and friends? What is your credit score
like? How much money are you prepared to risk on
a new business? How much money can you raise
through lending institutions?

Now you are ready to proceed to the next step.
How many years are you ready to commit to the new
business? What do you hope to achieve? Do you
have any family members who will be prepared to
help out?

The final step is to analyse your living expenses.
How much money do you need to live? Are there
any further predictable expenses on the horizon?
Will you be able to manage with your current
vehicle? What amount of risk are you willing to
take?

If you are working from home, will you need a new
office? What further equipment is required? How
would you react without daily human interaction?

Are you looking for an established franchise
where you will have to pay more for the franchise
model? Or would you prefer a less established
brand where the initial franchise fee is often
lower but the risks are higher?

If you have answered all these questions then you
are now ready to start looking at franchises that
fit in with your requirements. The best place to
start is by buying the latest franchise magazines.
They have a lot of information on the latest as
well as the more established franchises.

Another really good avenue for finding franchise
opportunities and learning more about the
franchise business is the internet. There is a
wealth of information on the web. Just search for
"franchise", "franchise opportunity" or "business
franchise".

Once you have done the basic searches and know
what you are looking for then it is time to
refine your searches. As an example you might
search for "internet franchise" or "work from
home franchise" opportunity.

Finally the best avenue for finding a great
franchise business is by attending franchise
exhibitions. Here you can meet hundreds of
franchisors face to face and ask them grilling
questions. They will also be in ultra competitive
mode knowing that you have so much choice under
one roof! You can also get free advice from
lenders, franchise lawyers, accountants and other
experts.

Buying the right franchise for your personality
means that you are much more likely to work
harder and enjoy the business you are in. If you
enjoy your work you are much more likely to
successful!