What Wikipedia Cannot Tell You About a Business Franchise

On Wikipedia, you can find all the statistical and descriptive information you would ever want to know about franchises. However, if you’re thinking about starting your own business franchise, this will fall far short of providing you with all the resources you need. This is because there are several “human” factors to take into consideration. Here are a few examples of what Wikipedia cannot tell you.

1. The Lifestyle of a Franchisee

   Unlike working in a corporation, where you must follow the company vision and complete tasks designated to you, being a franchise owner gives you the freedom to conduct business in the way you want. You can work in any location — a traditional office space, at home, in a coworking space, or just about any setting with an Internet connection.
   
   It is, of course, a big decision to leave your job and start your own company wherever you are in your career, and it is essential to understand how this decision will impact your entire life. Unfortunately, facts and statistics can in no way convey this. The best way to understand (other than quitting your job right now to see for yourself) is to talk with others who have made the plunge and with professionals at WSI.
   
   

2. How to Minimize Risk

   Starting a franchisee can be a risky venture, even if you do follow all the steps listed on wikiHow and other websites. In fact, if you rely on the information found in articles and blog posts rather than a real-life expert, you may even increase risks, particularly if you receive conflicting advice.
   
   A much better way to ensure the success of your business is by using the support of the WSI Network and our proven business model. This model has worked for hundreds of franchisees around the world, tailoring ideas for specific needs rather than the one-size-fits-all approach you will receive from most “experts,” who have no interest whether your company succeeds or fails.
   
   

3. The Value of a Network

   Information from Wikipedia is one-sided; there is no chance to start a conversation, share your side of the story, or interact with others. WSI, on the other hand, allows franchisees to help one another, organizes events as well as provides assistance to franchisees looking to hold local events in their region, and simplifies the process of collaboration to so that WSI Consultants work on projects to gain bigger clients. In addition, the network itself is a source of information and knowledge about all the new things going on in the digital sphere. Connect to discover what techniques and approaches work best within a WSI business.
   
   To gain these three things, you cannot rely on Wikipedia and other sources of generic articles about franchises and business opportunities. However, you can receive all the above from WSI. We are here to help and provide guidance in your journey to becoming a successful business owner.
   
   

To learn more about WSI watch our one hour presentation from co-founder Dan Monaghan.