Franchising and How it Works
One question potential a franchisee often asks is, “Why should I buy a franchise? Why can’t I just go out and start my own business?” Certainly, some people do enter the business world in that manner. So, what is the real value of purchasing a franchise rather than “going it alone”?
On your own, you might well experience a large “learning curve.” What are the right types of publications to advertise in? What type of insurance should I carry? Are there collateral materials that would best market my business?
Without the professional training, business experience, or connections it takes to succeed, it is difficult to get off the ground. Many small business owners begin by hiring outside individuals with experience just for advice. Let’s face it. Opening your own business independently takes time and money.
That isn’t to say that franchising doesn’t require time and money, also. However, as a franchisee, you enjoy several advantages that a stand-alone, independent start-up does not. You begin with the accumulated experience, know-how, business practices and operating plan that come with a franchise.
As a franchisee, you enjoy name-brand recognition and a network of support provides an immediate and distinct competitive edge over the independent, stand-alone business. You can avoid that costly trial-and-error period that causes so many problems for start-up businesses. As a franchisee, you’ll “hit the ground running.”
The Kid’s Haven™ opportunity gives you the ready-made framework within which to build a successful business.
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