PRESENTATION OUTLINE
Get the Support You Need with a Fast Food Franchise
Living and working in a state of corporate insecurity has many people looking for alternative ways to earn an income. Owning a business allows you to build financial security that won’t disappear because of a merger, downsizing, or the newest global trade agreement.
Minimizing the risks of starting a new business has many budding entrepreneurs exploring the world of franchising. A quick bit of research shows that franchise ownership is on the rise. The fast food franchise, long considered the king of the franchise industry, offers more choices now than at any other time.
When most people hear fast food, they immediately think about burgers and fries. Make no mistake, hamburgers are an enormous part of the franchise food industry, but many other options exist; in fact, specialization seems to be the ticket. Mainstays like pizza, donuts, and ice cream have been expanded to include gourmet varieties.
Added to the mix are new offerings like cupcakes, pretzels, smoothies, and coffee. Visit the food court of any mall in the U.S. or drive down any main street, and you will find an almost limitless representation of fast food franchise options. The question becomes, how do you know which choice will work for you? Finding the answer involves honestly assessing your abilities, goals, and desires. Ask yourself what you’re willing to do and what would make you eager to brag.
It makes zero sense to open a pizza kitchen if you don’t like pizza, or if you’re embarrassed by owning a pizza parlor. Answering the following questions will help you on your way to determining what will work for you.
1. What do you hope to accomplish with your new business?
2. How much time and effort are you willing to invest?
3. How much money are you willing to spend and risk?
4. What are you good at and what do you enjoy doing?
5. What previous skill set do you bring to the table?
6. What’s your plan if the new venture doesn’t work out?
The International Franchising Association (IFA) has a site dedicated to the franchise industry. Their slogan is “Be in business for yourself, not by yourself.” The primary benefit of franchising is the support you receive from the franchise company. You don’t have to start at square one because they have developed systems in place. All you have to do is let people know your locale. The supplies needed to operate your business are already a part of the process, easy to purchase, and readily available. Upon opening a Pretzelmaker franchise, we will be with you every step of the way during your initial startup phase. You will receive training in every part of the operation. Training will cover accounting, payroll, managing human resources, banking, and all the rest.
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.
