It?s really not hard to figure out which franchises will be the most successful. You see them advertised on television and on billboards, hear them advertised on the air, and cannot drive by way of a shopping center anywhere in the US without passing one or more of them.
Not only do you know who they are, you have probably been in many of them so many times that you know exactly what they must offer. These franchises, basically, have succeeded wildly in branding their products. What exactly are they?
commande pour emporter , of course. Anybody borne after 1955 probably cannot remember a world in which McDonald?s didn?t exist, plus they were only the beginning. In case you are one of the millions of people thinking about breaking away from the nine-to-five routine and starting your own business, you could do much worse than a franchise restaurant.
Why? Because given the decision of trying to set up a loyal customer base for a fresh, unfamiliar product of your own choosing, and going with a restaurant franchise with food already familiar and proven to keep the customers returning, the odds are definitely on the side of the franchise restaurant.
The Pros and Cons
There are, of course, big risks in starting a restaurant of any kind. Only those people who have a genuine love for the business usually stay with it long enough to make a profit; whilst having a franchise restaurant may ease a number of the concerns, there are several realities you must face before you start.
First, buying a franchise restaurant can be extremely expensive; they are able to include actually purchasing the land on which you’ll build your operation. You could be able to get help with your financing from the franchisor, and banks also realize that a restaurant franchise is probably the less risky smaller businesses, so may be willing to give you favorable terms.
On the positive side, you will have the advantage of selling only those foods which are proven moneymakers, so you can limit your inventory, which is ordered from the parent company?s preferred suppliers. You as well as your company?s other franchisees in the area can share the costs of joint advertising. For more information see http://www.startfranchisehelp.com/Franchise_Broker/ on Franchise Broker.
On the downside, be ready for long hours at your franchise restaurant; as a franchisee you will have certain standards, both service and financial, to keep, and you will be giving regular reports to your franchisor. In case you have personnel shortages, you and your family members must fill the gaps.
You can almost depend on having personnel problems; low pay and unchallenging work can make it hard to help keep employees for extended periods. Restaurant employee turnover is extremely high. But if you as well as your family are willing to provide you with the elbow grease, your chances of succeeding with a well-established franchise restaurant are better than they would be in any other business you could start.