Are you thinking about starting your own business? Instead of creating a product or service from the ground up, you may want to consider investing in an affordable franchise opportunity like Great American Cookies.
You might be surprised to find out that there are many affordable franchise opportunities in your region that could set you on the path of becoming your own boss. Before investing, review some of the most frequently asked questions about franchising that can get you started on the right path.
1. Why is Franchising Better than Owning My Own Business?
First, you should understand that even though you are investing in an affordable franchise opportunity, you are still owning that business. Just because you’re following a proven business model doesn’t mean it won’t be your company to run.
You’ll be hiring the staff, setting the store hours, and making all the purchasing decisions. The huge benefit with owning a franchise is that you don’t have to reinvent the wheel.
All of the decisions about product offerings, decor, training, and marketing have already been tested. In short, you get to benefit from all the franchisees who came before you.
2. How Do I Pick the Perfect Affordable Franchise Opportunity?
There are many franchise owners who decided on an investment purely from a business perspective. They’re all about how to make money franchising.
Although that should always be a key factor, if you plan on being the kind of boss who is going to be active in the day-to-day operations, then you want a franchise you can feel passionate about. Consider the popular Great American Cookies franchise.
Our fast food franchise offers tasty fresh-baked treats to a legion of loyal customers. Not surprisingly, it’s the kind of business that generates a lot of smiles. If working directly with the public is something you are interested in, then this is the kind of affordable franchise opportunity that might be a good fit.
3. Can I Bring in a Partner?
There are many franchise owners who have terrific working partnerships. You might even want to bring in a “silent partner” who is just going to help with the initial investment and then share in the potential profits.
An active partner is someone with whom you can share the responsibilities of running the franchise. Whether it’s a family member or friend, it’s always best to have support when operating a franchise business. For a lot of people, it’s beneficial to bring in another partner because not only will they help share the franchising costs, but two heads are better than one when it comes to business!
4. What Happens After I Open the Franchise?
Each parent company of a franchise has different ways of operating. With Great American Cookies, you’ll be getting support from the team at Global Franchise Group. We’ve been setting up franchises for several years and can count several thousand stores to our credit.
Not only will we provide all the initial training and set up assistance you need, we’ll also offer ongoing support throughout the duration of your franchise contract.
You’ll be assigned a specific field representative who will be your go-to consultant for all aspects of your business. This kind of support can make a huge difference when it comes to planning a smooth operation.
5. Can I Own More Than One Franchise?
It’s always better to get one operation up and running before diving into your next franchise opportunity. However, you’ll find that with Great American Cookies, there are ongoing incentives to expand your business into several outlets. In fact, many of our current franchisees who own multiple units will tell you that opening several units is a lot like opening just one. The business model of Great American Cookies is streamlined so opening multiple units is easier than ever!
To find out more, view our resource library today and get even more of your questions answered. We make it easy to sell cookies!