The franchise application is not too early to start to sell yourself to the franchising company as someone they want on their team.

The franchise application step is the first significant document you will fill out on your quest to buy a franchise from a popular business. In the last few years, buying a franchise has become one of the Cadillac ways to strike it rich when starting your own business.  If you can land one of the primo franchises that everybody wants, all that stands between you and tremendous success is a bunch of investment capital and even more hard work.  The name recognition, explosive customer base and amazing corporate good will all comes with that franchise name that you are buying into will do all the rest.

The downside of that much potential wealth just laying out there is there is a lot of competition for the good franchise opportunities. Whether you want to buy a franchise in Starbucks, Wendy’s or some other very successful business, you can bet that when you submit your franchise application, it is competing with hundreds of other money hungry entrepreneurs who want that franchise just as much as you do.

The key is to know the tricks for how to get your franchise application picked so you move on toward the franchise agreement that you want. One thing that a franchising company looks for is that you are a person who loves to deal with the public and that you have a lot of success doing so.  Look for ways to brag about the success of your current business and putting a big and bright spotlight on how well you have done making customers love you. That is what will set your franchise application apart from the rest.

Look on the franchise application as a type of job interview and be who they want you to be.

When you start to fill out your franchise application, it is not too early to think about getting your ducks in a row financially.  When you state boldly that you are floating in the capital and credit that you need to afford the franchise fees, royalties and start up costs, be sure you really are that financially healthy. Be honest on the franchise application because overstating your financial health will only come back to haunt you later.  There is no getting around it that when you turn in that franchise application and you make the cut as a franchise owner they want on their team, they are going to check your credit rating. So make sure it is four star before you even start filling out a franchise application.

When a franchise company is ready to franchise a small business and set you up for great success, they want to know that you know exactly how to take the ball and run with it. That means you know how to be a team player and create a franchise the bosses back at the mother ship will be proud of. But it also means you can run your own ship as an independent business person and solve problems and come out the other end smelling like a rose.

Your success in running your own business before you started the franchise application should scream out that you are just the guy or gal they are looking for.  Make sure your franchise application shouts those qualities of sound judgment, good business savvy, the ability to get on board with the bosses and still make it big as a small business franchise owner all wrapped up in one neat package. If that is the song your franchise application sings, you can bet your paperwork will cause you to get the call that they want you to take the controls of their next successful franchise outlet.