Franchise Owner vs. Franchise Manager: Are Both Roles Right for You?

Hot dog franchise ownership can be a lucrative financial endeavor, but managing your franchise yourself may or may not be the right decision for you depending on your situation. From taking care of payroll and ordering food to hiring employees and keeping track of accounts, management entails a wide range of day-to-day responsibilities that can be very time-consuming.

If you haven’t come to a decision about whether to handle these responsibilities yourself or hire someone else, this guide may help you make the right choice.

Topics of Discussion

• Your Management Experience
• Your Other Business Responsibilities
• Your Hot Dog Franchise Goals
• Your Personal Life

1. As an entrepreneur, you likely have a wide range of experience in many areas of business, but franchise management may not be one of them. If you’ve managed a franchise before, taking over your responsibilities as a manager is likely to be relatively quick and easy. If you don’t have experience in this type of position, however, learning the ins and outs of management may take a bit of time. Lack of experience certainly is not a barrier to taking over the position, but you may want to hire someone else with experience to take over the job right away.

2. Your hot dog franchise many not be your only business venture, meaning you have to spend much of your time looking after your other investments. In this situation, you’re not likely to have the time needed to handle every management responsibility, and you’ll want to find a professional you can trust to do the work for you. If, however, you’re just starting out as an entrepreneur and want to invest all your time and energy into your franchise, making yourself manager can be a valuable learning opportunity. Knowing how your hot dog franchise works from the ground up can help you find new business opportunities in the future.

3. Owning and managing a single hot dog franchise is reasonable, but there’s a possibility that your franchising goals go beyond a single store. If this is the case, hiring someone to handle the day-to-day operations of your storefront may be the right financial move. Your time can be better spent looking for potential opportunities to expand locally, nationally, or even internationally. Not everyone has the same ambitions for franchise ownership, so your unique situation will dictate the correct path forward.

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Disclaimer: This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state. Franchise offerings are made by Franchise Disclosure Document only.