By Stacy Swift
As you begin to ponder the wonderful world of business ownership, a question crosses your mind…
“Do I start my own business from the ground floor, or do I go with a business template, such as a franchise?”
The answer to this question is not the same for everyone.
First, you must decide if business ownership is right for you. You may be excited about being your own boss, but are you up to the daily realities? Hiring and firing, managing employees daily, dealing with customers, and the general day-to-day behind the scenes work that every business owner deals with? On the flip side, are you ready for the potential freedom and money that business ownership could offer?
Second, is your business idea solid? Is your product or service just what the public needs now? Do you have access to the resources you will need to get up and running, and will give you your head-start for success?
Third, would you be more comfortable getting that head start on success by following the tried-and-true game plan you will get by buying into a franchise?
If the third option sounds enticing, here are three solid reasons why you should consider buying a franchise as your path to business ownership.
Success Rates Are Higher
While taking your own idea from notebook to “Open for Business” may sound like the American Dream, there is no guarantee of success. In fact, the percentage of business failures in the first three years is high enough to make one take pause.
However, with the franchise model, you are buying into a business system that has already shown success and gives you the blueprint to follow. We know you are in it for the long-haul, right?
An Established Brand
Franchises have the name and branding that everyone is already familiar with. They already have a loyal fan base, and marketing that the public sees every day. This is something you do not get when you are opening the doors as an independent businessperson with a brand not yet developed.
Because the franchisor wants you to succeed beyond your expectations, they will provide you with all the training you need to take your business to the top. From hiring, employee training, administrative, payroll, sales and marketing, you will know every step that will give you the best chance at success.
Intrigued? Take the next step and begin researching some of the great franchise opportunities that await. Franchise Matchmakers is a team of franchising professionals that are dedicated to helping people explore business ownership as a career path. Contact us at firstname.lastname@example.org to find out more about franchising options that may suit you.
If you are considering franchises in Colorado or Denver Franchises or really buying a franchise anywhere in the United States or Canada, let us help. Remember, there is NO FEE for working with a Franchise broker. We get paid by the franchise. And because we represent dozens and dozens of different franchises we are not partial to any specific franchise and only want to help you find the right type of franchise for YOU. Check out our Franchise FAQS here.