Starting a restaurant franchise is a big decision. You will want to consider many factors, including your financial and technical resources, availability to work and what type of food you have a passion for. First, find a mentor in the restaurant franchising industry who can guide you through the early stages of information gathering and through to …
Restaurants are relatively easier to manage than other types of business, while restaurant franchises offer the added benefit of an existing public image and a well-defined business strategy. Although the franchisee pays a monthly fee to the main office for their establishment, it is quite worthwhile because a new business will not attract very many …
With people having less time to cook, the demand for food franchises is on the increase. Providing delicious and/or healthy meals has never been a more profitable business concept than it is now, but starting a new chain takes a lot of time and investment. Smaller entrepreneurs can opt to become food franchisees for a …
Whether you are a new or experienced entrepreneur, selecting a restaurant franchise can be a daunting task. While hard work and perseverance are important to success, understanding your niche in the market is critical. Having a plan in place for how you will operate and grow your franchise during a tough economy will help you …
You have the drive. You have the determination and the entrepreneur spirit. You just need the right restaurant franchise. Owning one of the many available is the best way to quickly and successfully become your own boss. In fact, obtaining a franchise can be better than creating a stand-alone. If you start a stand-alone restaurant …
Are you looking to escape the daily grind and become your own boss? Has the stress of corporate America set in to rule your life at work and at home? Perhaps you have even suffered pay cuts or recently been laid off. There are so many advertisements that claim to be work at home opportunities. …
Do you have a great love for the food services industry? Do want to be your own boss and no one else’s? If so, you can combine both of these interests into one by investing in a food franchise. When you invest in food franchises, not only are you living your dream of working in …
According to the International Franchise Association, the franchise industry is well-positioned for economic growth, with the largest sector being the food industry. Even with a tough economy, the average U.S. household spends approximately $3,000 per year on eating out. People simply love eating out and statistics prove they are willing to spend their disposable income …
For an entrepreneur, restaurant franchises offer a great opportunity to open up a restaurant that is their own. The concept offers several benefits including built in marketing and name recognition. However, it is important to know that purchasing a one is not easy and not as cheap as you would think. Here are a few …
The food franchise marketplace is highly competitive and in order to succeed there are certain aspects that should be considered. There is a reason that there are certain food franchises that have remained leaders even during the economic downturn. Food service businesses operate on a high failure rate; some estimate that the failure rate is …
