Are The Best Franchisee Investors Entrepreneurs?

According to this “New York Times” article, the best franchisee investors are hybrid entrepreneurs who mix risk & structure.

Franchisors spend a great deal of time trying to determine what kind of person will make the most successful franchisee for them.  Once you get past the financial requirements, this piece in the “New York Times” suggests that frequently, the ideal franchisee investor is not a person who is an out and out entrepreneur.  Rather, the more successful franchisees are those people who are entrepreneurial and yet they are comfortable working within the formula and structure of their franchisor.  What do you think?

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Filed under Franchise Basics, Franchise Insight, Franchise Law, In The News, Restaurant & Hospitality Law, The Franchise Legislation Monitor

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