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The One Question Every Candidate Should Ask
There is one question I tell every candidate to ask on every validation call. “Knowing what you know now, would you invest in this franchise again?” Then stay quiet. Current owners have every reason to talk their investment up. Former owners have no incentive to protect the brand. If more than a couple of people in a decent sample say no, that is not a personality clash. That is data. Validation is important because it is the only part of due diligence the franchisor
Chip Crutchfield
Sep 211 min read
Five Filters for Evaluating a Franchise Opportunity
When corporate candidates reach out, I usually walk them through the same five filters before we look at a single brand: Lifestyle – What does a good week actually look like for you and your family Capital – How much can you comfortably invest without putting the household at risk? Skills – What are you genuinely good at (and what do you dislike doing)? Risk tolerance – How do you handle uncertainty and slower months? Timeline – Are you looking to transition in 6 mo
Chip Crutchfield
Jul 301 min read
Why Ideal Franchise Candidates Never Take the Leap
The ideal franchise candidate often never takes the leap. The people who usually make the best franchise owners are often the ones who stay on the sidelines the longest. They’re experienced professionals who value proven systems, have clear goals around lifestyle and income, and are coachable with realistic expectations. So why don’t they take the leap? Common reasons I hear: • “I have a good job with benefits. What if this doesn’t work?” • “There are thousands of o
Chip Crutchfield
Jul 11 min read
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