Are you a business owner who is considering franchising your existing business?

Many existing business owners use franchising to expand their growth without investing their own capital to open new locations. They’ve developed a successful business model that can be replicated and now they’d like to empower others to replicate it.

Why An Existing Business Would Choose To Franchise Their Business System:

1. It allows them to grow their existing business at a rate far beyond their own individual efforts. 

2. The new franchised locations are funded by their franchisees. Freeing up enormous capital while reducing their own risks. In fact, they'll even pay you for help to get open!

3. Royalties are collected for ongoing support, product innovations, research. etc. These funds are typically paid automatically every month to the franchisor. 

4. Those royalties can build a strong income stream that can be valued at a very attractive multiple when you want to sell your franchise system! 

5. They know that their Franchisees have “skin in the game” regarding their locations.These aren’t merely employees or managers, they are owners who invested their own money!

Who can Franchise? 

Some notable business formats are:

Food. Very popular and many people are interested in food, coffee, ice cream, smoothies, food trucks, etc. From grilled cheese sandwiches to chicken wings, people do enjoy food franchises and what they have to offer!

Home Services. These franchised business models include flooring, appliance repair, land and hardscaping, lighting, and even house painting. 

Retail Franchises. The next time that you are in a retail-rich area, take note of how many stores are actually franchises. Many strip malls today only have franchised stores. These retail stores can range from sign shops to uniform stores, to pack n’ ship outlets, to seasonal “pop up” type locations for tax preparations. The franchised world is nearly endless. 

Home-Based Franchises. These models can range from part-time fundraising concepts to loan brokers. 

And more! Actually, a lot more than you probably think. Again, not every business should be franchised, but the range of businesses that have grown through franchising is nearly limitless. 

Should You Franchise Your Business To Grow? 

Let's set up a quick phone call and we'll answer any questions and explain the process.