Thousands of people are getting involved with franchises. If you’re thinking about becoming one of the many franchise owners, there are 6 facts to know before you jump in:
1. Franchising opportunities are everywhere
When most people think franchising, they think fast food, but virtually every industry has begun offering franchise opportunities. Whether your passion is accounting, retail, or communications, there is a franchise opportunity out there that will interest you.
2. Franchises require an investment on your part
Starting up a franchise is often cheaper than starting up a business on your own. However, there are still start-up costs that you will be responsible for.
However, by starting a franchise, you will get to take advantage of bulk rates on things like your IT equipment, public relations services, and marketing materials. Because they are so big, franchisors tend to get discounts that “normal” companies could never get on their own.
3. Franchising means you don’t have to start from scratch
When you open up a franchise, you get to use a product, a brand name, and a business model that has already been successful. Start-up companies work for years to get that kind of recognition. But by franchising, you get a good reputation right off the bat.
4. Franchisors are highly regulated
There are national regulation measures in place to make sure that franchisors are acting properly. Those rules can actually make it easier for you to start a franchise, instead of your own private company.
5. Franchises can be operated from anywhere
Because there are so many different opportunities out there, you can find a franchise that fits your lifestyle. If you don’t want to work in a traditional office, there are plenty of franchises that allow you the freedom to work at home or in a mobile environment.
6. Franchising means having access to constant support
When you’re just starting out, your franchisor will provide you with training and support, so that you can get up to speed quickly. They may even put you in touch with other franchisees so that you can swap ideas. And, a good franchisor will also provide you with ongoing training, so that you can keep current on all of the latest trends and developments.
To learn more about franchise opportunities with High Touch High Tech, visit us online at ScienceMadeFunFranchise.net.
High Touch High Tech is the leader in innovative hands-on science and nature experiences for children, serving over 4 million children annually with 27 franchise locations across the United States, Canada, Turkey, Singapore and South Korea.