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10 Fundamentals About Franchising You Didn’t Learn in Business School

  • September 24, 2015

franchise opportunities
Have you ever thought about being your own boss someday? You would no longer have to take orders because you would be the one giving the orders. One of the quickest ways to establish yourself in the business community is through franchise opportunities. You don’t need a business school degree to own a franchise. Here are the fundamentals about franchising to consider:

Fundamentals About Franchise Opportunities

  1. Proven Business

Franchise opportunities come with a proven track record for accomplishment. The parent company has already worked out the “kinks” so you don’t have to. They’ve done all the research and development as well as coming up with a product that has already shown to be a winner among consumers.

  1. Brand Power

Franchise opportunities go hand in hand with brand power. Without that brand recognition, your business could falter. Customers appreciate a company they can trust and have often already done business with.

  1. Training

Opening a franchise business means you won’t ever be alone. The parent company wants you to achieve your goals. That is why they’re going to provide you with all the training you need to get your business up and running.

  1. Total Support

You’ll find a staff at the parent company standing by to assist you with any concerns. With a dedicated team behind you at every step of the way, there is more chance to make for smooth sailing.

  1. Marketing Campaigns

Whenever you see a commercial on television for a fast food restaurant, you’re seeing a strong marketing campaign in effect. Who benefits from that? The franchise owner. That’s because the viewers are going to be enticed into spending money at those businesses.

  1. Help With Leases

One area where you’ll soon become a so-called “expert” is with commercial real estate. Once again, the parent company will be ready to lend a hand to assist in finding a viable location and help you negotiate a lease.

  1. Building Help

Unless your franchise opportunity is already up and running, you will need help with construction. The franchise will set you up with most of the help necessary to transform an empty shell into a vibrant business.

  1. Buying Power

It’s important to set up relationships with several vendors who will be supplying you with all the ingredients you need for your business. Thanks to the power of a franchise, you’ll be able to take advantage of lower purchase rates for all those ingredients.

  1. Low Risk

When you crunch the numbers, you’ll find that franchise opportunities offer the potential for positive revenue stream with low less risk than a startup. Franchising with Hot Dog on a Stick is a lower-cost franchise, so there’s less to worry about!

  1. Room to Grow

Once you embrace the opportunities and rewards provided by a franchise business, there’s no reason why you can’t open additional outlets.

Contact us to learn more about how you can own your own Hot Dog on a Stick franchise today!