Should I Open a Franchise? 3 Best Kept Secrets To Help You Decide

Published on Jan 27, 2016

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Should I Open a Franchise? 3 Best Kept Secrets To Help You Decide

Photo by Jeremy Brooks

You’ve probably asked yourself, “Should I open a franchise?” When it comes to franchising, you’ll never know until you try. There is so much involved in franchising that it is impossible to explain everything in a simple blog post.

There’s no way to fully understand the franchise industry until you’ve experienced it, but this article will share some of the best kept secrets of the best restaurant franchises to get you moving in the right direction.

Topics of Discussion

  • It’s harder than it looks
  • Never settle for less than your best
  • It’s all in the details
  • Should I open a franchise?

1. The way franchises are explained in movies and books is nothing like real life. Characters in fictional franchises sit back and let the profits grow with little work. In reality, franchise owners have to do a lot of work, especially in the beginning. You have to work hard if you want your franchise to be great. That brings us to secret number two.

2. If you decide to slack on your franchise duties, everything will fail. Your employees won’t work as hard, your customers won’t make as much of an effort to come in, and soon corporate will start noticing your lack of effort. If you slack, your profits will slack.

The secret to running a good restaurant franchise is treating it as your own business. Your franchise will give back as much as you put into it.

Photo by Thomas Hawk

3. What is the difference between a popular franchise, and an unknown restaurant that can’t open a second location? The best franchises pay attention to detail. They see the big picture, then look for tiny improvements that people may not notice, but that make all the difference.

Some important details might include: cleanliness of the restaurant, where ingredients come from, how your employees dress, and so on. Attention to small details like these make all the difference in becoming a great restaurant franchise.

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.