What I should be aware of if I want to be a franchisee?
96546
Some of them lease and release over and over. Be careful.\nSome will get you to beg, borrow, or steal every dime you can get just prior to putting you in.  Most will fail in 90 days or less, you might not be able to borrow any more to stay afloat...Then they close in on you. Guess what? That same location is on the market again.\nSome are not interested in dealing with stable investers,they might make it. Taco business seems to operate a lot this way.
950088
hi, contact their corporate office (head office) \nIt is not cheap and to become a franchisee you have to abide by their company rules everystep of the way, if they have their own brand of coffee or one imported you cannot decide personally to use a second brand of coffee, ie., they want their chains to be the same., some are any where from 35000.00 and uppppp.  you also pay a franchise percentage of all income monthly. sounds fun heh? good luck, wish you the best, ( try and research the newer coffee houses they may have a lower francise fee and easier to get into, also if you are a woman try the prov. govt loans designed for women, "western diversification" for example
405846
Franchises are generally more expensive than starting your own.  Unless you are going with a nationally known name (Domino's or Pizza Hut)  I would suggest just starting your own  place.  Here is the information on franchising with Take N Bake:\n\nTotal Investment Range: \n$63,000 - $103,000\n\nMinimum Cash Required: $60,000\n\nAnd remember, after you join their franchise you have to pay monthly royalties, follow their advertising schemes, use their pricing  - they have to preapprove everything.  Really look into the business, check out the customer base and see what to expect.  Call local or surrounding owners, etc.  good luck!
19898
a franchise would be a good option for you
618979
I assume that you're talking about joining an existing chain, rather than franchising out your own new chain, right?\n\nIf that's true, there are different requirements for each chain.  You should contact the individual companies to learn if they are selling franchises, and if so, what costs are.  There is not a standard fee for all of them.  They each set their own requirements.  However, I suspect it is quite expensive if it's anything like franchises in other businesses. \n\nBest of luck to you.
632053
You may stand a greater chance of finding a franchisee owner who can mentor you from any of these places: \n\n1. Government Mentoring Programs such as SBDCs, which works with community colleges and local business development councils to offer mentoring programs http://www.sba.gov/sbdc/sbdcnear.html ; or the Women's Network for Entrepreneurial Training http://www.sba.gov/womeninbusiness/wnet_roundtables.html \n\n2. Volunteer programs such as SCORE http://www.score.org  which is composed of mostly retired executives and entrepreneurs \n\n3. Formal mentoring programs such as \nAthena Foundation http://www.athenafoundation.org/programs/globallinks.html\nHelzberg Entrepreneurial Mentoring Program http://www.helzbergmentoring.org/HEMP/\nThe Aspen Institute MicroMentor Program http://www.micromentor.org \n\n4. Professional organizations such as the National Women’s Business Council http://www.nwbc.gov/Mentoring/programs.html \n\n5. Industry and trade associations \n\n6. Local business groups, such as the chamber of commerce \n\n7. Local chapters of business groups
58427
Get involved with something you have passion for. Perform as much due diligence as possible before spending a single nickle. Goal set and hold yourself accountable for either meeting or not meeting these goals. Ex. First Goal to be completed  in 5 days. Make a list of what you believe is your strengths and weaknesses and then over the next five days ask people close to you what they believe is your strengths and weaknesses. Start small and continously progress with goals such as these to build momentum and understanding of yourself and what you want to go do.  Then determine how much you want to invset in your business both time and money. I would then recommend talking to SBA  - (Free Service) and then a (Franchise Consultant) another free service to get a sense how you want to enter the business world. Your own idea or be your own boss with a formula.
911657
Well first if you plan on franchising, then you would need to look into that with the company's corporation, and they usually give you steps to go through. \n\nOwning your own business is alot of hard work, Though I dont know the process, my parents own a business. So I do know that really, you need to save money.\nDepending on what kinda store you want to own, you may need a college degree. \nBut my suggestion would be, save! \nGood luck
1018147
Here are some tips. For detailed information go to sba link below.  Good Luck!\n\nBefore you begin writing your business plan, consider four core questions: \nWhat service or product does your business provide and what needs does it fill? \nWho are the potential customers for your product or service and why will they purchase it from you? \nHow will you reach your potential customers? \nWhere will you get the financial resources to start your business?\nWriting the Plan  \nWhat goes in a business plan? The body can be divided into four distinct sections: \n1) Description of the business \n2) Marketing \n3) Finances \n4) Management \nAddenda should include an executive summary, supporting documents, and financial projections. \nAlthough there is no single formula for developing a business plan, some elements are common to all business plans. They are summarized in the following outline: \nElements of a Business Plan\n              1. Cover sheet \n2. Statement of purpose 3. Table of contents \n                I. The Business \n               A. Description of business \n               B. Marketing \n               C. Competition \n               D. Operating procedures \n               E. Personnel \n               F. Business insurance \n               II. Financial Data \n               A. Loan applications \n               B. Capital equipment and supply list \n               C. Balance sheet \n               D. Breakeven analysis \n               E. Pro-forma income projections (profit & loss statements) \n               Three-year summary \n               Detail by month, first year \n               Detail by quarters, second and third years \n               Assumptions upon which projections were based \n               F. Pro-forma cash flow \n          III. Supporting Documents \n               Tax returns of principals for last three years Personal financial               statement (all banks have these forms) \n               For franchised businesses, a copy of franchise contract and all                 supporting documents provided by the franchisor \n               Copy of proposed lease or purchase agreement for building space                \n               Copy of licenses and other legal documents \n               Copy of resumes of all principals \n               Copies of letters of intent from suppliers, etc.
179469
You have to get people interested in your business. Preferrably inmvestors, entreprenuers or people with alot of money! If your business is popular they will ask if they can buy a licence to operate a restaurant with your businesses name and methods (i.e a franchise). The business will grow in popularity, and so will the number of restaurants!\nGood luck with franchising!
1144823
Try a franchise. The will offer you a turn key business opportunity complete with what you are looking for. There are many levels of franchise costs, form the few thousands to the millions (like McDonald's). Look for a market that you are interested. It's better to work at something that you find fun.
1124627
The best routes to take are to research the process of starting a business as well as the industry you're interested in.\n\nI recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.\n\nAssociations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links. \n\nResearch, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:\n\n* The Franchise Kit/a Nuts-And-Bolts Guide to Owning and Running a Franchise Business by Kirk Shivell, Kent Banning\n* Franchising for Dummies by Michael Seid\n* Franchise Bible by Erwin J. Keup\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
1050938
The information provided by the previous answerer is quite exhaustive and useful, but is best suited to the big business houses with ample funds. Your question is about small business, as such please search out retail opportunities at:\nhttp://www.franchise-international.net/franchising/Retail-Franchise-Opportunities/44
460899
If you're looking to make your first venture into the business world as an owner, I suggest one of two things:\n\n1) Forget the food business, it's the most complicated industry out there. In no other industry are you expected to be a warehouse and a manufacturer, with parts that are perishable, be a retailer, run a delivery business, and sell service also.\n\n2) If you insist on the food business, especially with no experience, find a very, very well structured franchise to buy into. Forget the cost, it's a drop in the bucket when you weigh out the chances of success or failure compared to trying to build a concept from scratch.\n\nThe risks of getting involved in the food business are evidenced by the failure rate of restaurants. These failure rates don't even take into account all the country club, college and university food services that lose money every year and have to be subsidized by other departments. There are unsubstantiated rumors about the food industry that place failure rates as high as 90% in the first year. Though that is a gross exageration, the failure rate in the restaurant world is high, just ask your banker, accountant or lawyer. They deal with it every day. There's a reason restaurant loans are among the toughest to get approved for. According to a report in Restaurant Startup & Growth magazine, based on information gathered from the National Restaurant Association, it's estimated that around 57% of restaurants don't live past the five year mark. Of these, the main casualties are independent restaurants. While 7 of 10 independent restaurants will likely fail, 7 of 10 franchise restaurants will survive. As there are many, many people out there that don't realize the value that real structure will bring to their restaurant, and increase their chances of survival, the greater number of independent restaurants opening compared to franchise restaurants pushes the total restaurant failure rate to 57%.\n\nMost other businesses contain elements of only one or two different industries. With a simpler business, it is much easier to focus on marketing and growth than with a restaurant. Inside a restaurant, most your day is filled with operational procedures, and you CAN NOT work ON a business if you are working IN the business 60 hours or more a week.\n\nBrandon O'Dell\nO'Dell Consulting\nRestaurants/Retail/Bars\nwww.bodellconsulting.com
1052286
The best bet is to look up the basic chain stores under the employment tab...like KFC, Target, etc.\n\nI included below the first I found...really try your own research first, ok? This took me all of 25 seconds...
428727
well you could start here \nhttp://www.steveandbarrys.com/website/contact.htm\n\nask them about opening your own store, I bet they could at least point you in the right direction.\n\nI love that place, I have one of there shirts on right now lol\n\nedit:\nwell it looks like you cant get your own, just noticed this in there FAQ\n\nhttp://www.steveandbarrys.com/website/faq.htm\n\nSteve and Barry's University Sportswear is a privately-owned company and therefore, we do not offer franchises. If you would like to get involved with our company, please view the current opportunities for employment.
731514
Do your research.\nCheck out the Franchise and make sure you understand all the fees. The best franchise is the one with the lowest fees and the most patronage. Does Sonics get enough business? I never heard of Moes. \nThere are plenty of fast food chains out there. If I were ever going to have another fast food establishement I would start my own and just make sure I protect the name so that no one else can use it. That way if it takes off I can start a franchise too.\nSo many franchises require so much up front (money) and they have very tough rules. You have no freedom in what you offer or how you do business. The only good fact is it is all laid out for you and the ground work it done.\n\nWhat is really lacking in the fast food industry is Healthy Fast Food. Many are now beginning to jump on it though. People are getting tired of hamburgers or tacos every day. They want something like homecooked food that is nutritious and healthy.\n\nGood luck