Restaurant Franchises
RetiredBrains has located a company that provides our viewers with the opportunity to search a directory of hundreds of franchises.
You can search by type of franchise, amount of investment and geographic location. (Investments as low as $7000.) Use the franchise search directory to identify the kind of franchise in which you have an interest. When you find an opportunity in which you have an interest, simply request free information. There is no obligation.
There are a number of pros and cons when considering a franchise. Lets review franchising or starting a restaurant concept. Considering these will help you decide if it fits with your goals.
You can search by type of franchise, amount of investment and geographic location. (Investments as low as $7000.) Use the franchise search directory to identify the kind of franchise in which you have an interest. When you find an opportunity in which you have an interest, simply request free information. There is no obligation.
- For a list of Franchises and Costs click here
- For a list of franchises that service boomers & seniors click here
There are a number of pros and cons when considering a franchise. Lets review franchising or starting a restaurant concept. Considering these will help you decide if it fits with your goals.
Pros
- If you get the right franchise in the right place, it can be a lucrative opportunity.
- You don't have to come up with your own brand name and establish yourself from scratch. In most cases, you're relying on the franchise name to have a certain amount of awareness and a quality product that people know and want in your area.
- There is help and training available to get you up and running. Most franchises will train you to make their product and teach you how to run one of their units.
- There is marketing support already in place. You will have to pay for it, but with the big name franchises, there is advertising and promotional support.
Pros
- If you get the right franchise in the right place, it can be a lucrative opportunity.
- You don't have to come up with your own brand name and establish yourself from scratch. In most cases, you're relying on the franchise name to have a certain amount of awareness and a quality product that people know and want in your area.
- There is help and training available to get you up and running. Most franchises will train you to make their product and teach you how to run one of their units.
- There is marketing support already in place. You will have to pay for it, but with the big name franchises, there is advertising and promotional support.
- The franchise determines how much freedom you have, if any, with the menu and design of the restaurant.
- The best franchises and franchise locations, especially McDonald's, are often very expensive and hard to obtain.
- You will owe franchise fees for everything from paying for TV advertising to paying part of your sales to the home office.
- Franchises have a lot of rules that you must follow to avoid getting fined or even losing your franchise rights.
There are hundreds of such valuable tips available on the Internet covering every conceivable type of franchise or business start-up.
Remember it’s great being your own boss but in many cases the hours are long and there is always risk. Your job prior to starting your own business is to minimize the risk in any way you can.
Remember it’s great being your own boss but in many cases the hours are long and there is always risk. Your job prior to starting your own business is to minimize the risk in any way you can.