Filed in Finding Your Fit — August 9, 2025
Owning a franchise can be an incredible step toward independence—but not all franchises are created equal. What works for one person might be a terrible fit for another. Believe me, I learned the hard way! I will dive more into that in a second. But first…
Take a look at the top two questions that people ask me when they are looking at owning a franchise, which are NOT the most important questions.
1. “What’s the best franchise?”
2. “What franchise makes the most money?
What you need to ask is: “What is the best franchise FIT for ME?”
Fit Secret: If the franchise FITS you, then you will have the answer to the questions above. That will be the best franchise, and you will increase your odds of business success.
Finding the best small business fit isn’t just about profit potential. It’s about aligning your small business ideas with:
Before I go any further, let me share my own story.
I was handed the opportunity to own a franchise—literally handed to me. Who wouldn’t be excited? Owning my own business had always been in the back of my mind. I’d gone to graduate school, built a solid career, and when this opportunity came along, I thought, Yes! This is it. Let’s do it.
Fast forward: I took over an existing franchise (check out my blog on the pros and cons of buying existing vs. starting fresh). Right away, I realized I had some serious fires to put out. The customer base needed to be cut in half. The staff turned over. Marketing wasn’t even turned on. It was go time.
So, I rolled up my sleeves and got deep in the weeds. And what I quickly realized was this: the day-to-day reality of running this business looked nothing like I had imagined. It didn’t align with my strengths. In fact, it pushed me into areas I dreaded. I started losing sleep. I cringed when the phone rang. I felt frustrated, overwhelmed—and worst of all—I started to resent something I was supposed to be building with pride. That is not to say that owning a franchise was not for me… but maybe owning this franchise was not for me.
Those feelings made it hard to justify investing more time, energy, or money. I felt like I was failing. And as a competitive person, that was a tough pill to swallow. But quitting? That felt like giving up.
So, I kept going. I led the business for two years. I turned it around. We became profitable. And I’m proud to say I had built an exit strategy—and I took it.
The experience taught me a lot. I’m grateful for it. But here’s the biggest lesson: owning a franchise is hard enough. Trying to be someone you’re not just to make it work? That’s not success—that’s survival. And in my opinion, those aren’t the same thing.
Okay. Now, let’s talk about finding the FIT and finding the best businesses to buy for you:
Before looking at brands or industries, ask yourself: What kind of owner do I want to be?
There are generally three types of franchise ownership:
Fit Tip: Be honest about how much control, time, and energy you want to commit. And, a business needs to be “run” – so some level of involvement will be required in any of the best small businesses.
What are you naturally good at? Are you a people person, a problem-solver, or a sales machine? Picking a franchise that complements your skills will make everything easier – from hiring to customer service. This is how you find the best businesses to buy – “best” is a relative term dependent on your unique strengths and preferences
Fit Tip: Franchising works best when you run in your lane. Do not force yourself into a role you’ll burn out in or dread.
How much time are you really willing to spend in the business?
Fit Tip: Everyone defines working hours and availability differently. Full-time doesn’t always mean 40 hours, especially if you came from Wall Street! Do you want to work weekends? Evenings? Many people underestimate the time it takes to launch and stabilize a business. Start small and grow owning a franchise into a bigger commitment.
You will be interacting with customers – either directly or through your staff. So ask yourself:
Fit Tip: Passion isn’t everything, but liking who you serve definitely helps on tough days. When you think about the best small businesses, your customer base makes a huge difference.
The small business ideas you gravitate toward will determine the kind of team you’ll build.
Ask yourself:
Fit Tip: Your ability to lead and retain the right team can make or break your business, and it also helps determine the best businesses to buy for YOU.
Finally, ask the big-picture questions about your small business ideas:
Fit Tip: This is your business, so make sure it aligns with your definition of success, not someone else’s.
Owning a franchise is a powerful vehicle – but only if you choose small business ideas that align with your strengths, goals, and lifestyle. The right franchise won’t just make you money – it’ll make you better at what you love to do.
So before falling in love with a brand or business model, ask:
Fit Tip: Answer those honestly, and the best businesses to buy will be easier to uncover. You will know what questions to ask, what to look for… and with the help of The Franchise Fit Company, you can find your way into the best small businesses with the RIGHT franchise for YOU.
Thinking about franchise ownership but unsure where to start? Let’s connect—I help aspiring owners find the best small businesses based on who they are, not just what’s trending.
Schedule a free meeting right here. I can’t wait to chat with you and discuss franchise opportunities, building your business, and starting a new chapter in your career. Working with me is always 100% free, 100% of the time. Talk to you soon!
