Eliminating Barriers: How Franchising Lowers Risk for New Business Owners
Discover How Franchising Eliminates Barriers and Lowers Risks for New Business Owners
Ready to ditch the corporate grind and build something of your own? Franchising offers a proven path, specifically designed to mitigate risks normally associated with starting a new business, turning "what if" into "what's next." Discover how established systems, brand recognition and ongoing support significantly lower the barriers to successful business ownership.
When considering the option of opening your own business, it can be shocking to find yourself mired in decisions to make, steps to take and money to spend. If you’re looking for opportunities that help with those things, franchising is a viable option. Buying into a franchise provides entrepreneurs with a proven business model, existing brand recognition and an established support structure. Let’s look a little deeper at how franchising removes barriers.
- Proven business model: If you decide to invest in a franchise, you are immediately backed by a team with experience in launching brands and helping franchise owners succeed. They know what works (and what doesn’t) through the experience of living and growing their brands. Having a vetted and honed business model on day one hastens your ability to open your business.
- Established brands: By pursuing a franchise, you’re investing in a brand that already has visibility in the marketplace. Not having to start awareness from scratch is a great time and money saver for new business owners.
- Market entry: You can trust that an experienced franchisor knows how to enter your market, solely because they’ve entered so many others. They have perfected the process of opening in a new market or a new location in an established market.
- Boundless resources: Having an established franchise support system in place means you have resources at your disposal for any questions or issues you encounter. Franchising takes mentorship very seriously, as well as shared support between franchisees in numerous business areas, like marketing.
- Lower investment risk: Although there is still a monetary investment when buying into a franchise, much of the expenses of setting up a business are pre-determined. You don’t have to worry about surprises or excesses because you know what you’re getting for your money. And with the established brand behind you, the risk to your investment can be minimized.
After more than a decade of franchising successes, Five Star Franchising has created the support platform, business practices and franchise community that make your path to business ownership simpler. Our commitment to growth and to the success of our franchise owners is the fuel for our business. Our purpose, mission, vision and promise to our franchise partners makes opportunities with our family of brands worth the investment. You can learn about our platform by reaching out to us today!