Why franchising makes senseIf you are wondering what the benefits of franchising your business are, here are just a few:

  • Less Capital Requirements
  • Fuel the growth of your business through the capital invested by each individual franchisee.
  • Add Additional Revenue Streams to Your Business
  • Franchise Fees
  • Royalty Fees
  • Advertising and Marketing Fees
  • Sales of Company Branded Products
  • Sales of Supplies
  • Training Fees
  • Sales of Promotional Products
  • The Ability to Expand Rapidly
  • Opening multiple locations at the same time allows you to obtain a large footprint quickly while putting your company a step ahead of the competition.
  • Gain Quality Management in Additional Units and Maximize Unit Revenue
  • Having an owner running the business usually insures that there will be a level of service and dedication that typically can’t be found in an employee. Franchisees have a vested interest in the success of their business and with their investment at risk, franchisees should be much more motivated than an employee.
  • Larger Advertising and Marketing Budget
  • Many franchisors institute a national advertising fund. This requires the franchisees to contribute a percentage of their gross sales to a fund used to increase advertising, name recognition, and the overall value of the business.
  • Branding
  • Opening units throughout the country will increase Brand awareness adding value to the company and its franchisees.
  • If you want to learn about how to franchise a business, please contact us.