Step 1: Are You Ready to Franchise
July 27, 2016How To Evaluate Potential Franchisees
July 28, 2016We live in a time when creativity and artistic flair are prioritized and magnified in order to best capture the attention and admiration of the general public. Expectations for what is considered cutting-edge has been stretched beyond imaginable limits, forcing marketing agencies, consultants and graphic engineers to intuitively develop new ways to stimulate ‘fun’ and ‘excitement’ within a concept. No longer is it just a burger and fries – people expect the atmosphere, the culture and the experience to be as electrifying and gratifying as possible. The bar continues to be raised.
The franchise world has welcomed this wonderful reality with open arms. The business model of replication and shared resources has given birth to a wide array of concepts that enriches the economy, emboldens customers by providing more choices and proves once and for all that going into business for yourself has never been easier. Franchising provides access to a concept without the wherewithal of questioning how to navigate the marketplace. The path is laid out before you. And there has never been a wider selection available.
Restaurants that require passcodes to enter, entertainment centers that lock in its customers and force them to escape, self-serving bars, gymnasiums with obstacle courses that emulate the movements and physical activity of a ninja – all unique ideas, and all accessible through franchising. This is a great time to be an entrepreneur – the business landscape has become a playground. This is precisely why the industry has grown tremendously. The sheer quantity of options available has validated why businesses franchise. No matter how unique and distinct a concept is, a franchise model can expand its foundation. Why not allow people in both New York and Los Angeles access to an experience? Geographical boundaries can disappear if a business model receives the cloning boost of a franchise system in place.
Franchising brings a universality to the entrepreneurial mindset, boosting the confidence of investors by a quantum leap, and giving customers the peace-of-mind that our species’ creativity has been put to good use in the business world. Jump in – there’s a concept for everyone!