Franchising is fascinating. It offers career opportunities to millions of people all over the world. There are numerous chances for career advancement and development at many different levels throughout our franchise system.
Do you ever dream about becoming a business owner but find yourself afraid to take the leap? If you answered yes, franchising might be the answer! If you are new to the franchising industry, there is an abundant amount of information to learn before jumping the gun and embarking on a new business adventure.
Franchising allows you to go into business for yourself but not by yourself, providing an opportunity to become a business owner with your very own support system. First and foremost, when you become a franchisee, you are connecting with an already established product or service. You are also merging with a brand that consumers are already familiar with. Finally, you are joining a system with proven methods and success.
Franchising has many advantages. As a franchisee, you are the franchise owner and have the freedom to make many of your own business decisions. However, it’s important to note y
ou are not completely independent from the brand in which you are franchising. Franchisees are required to follow the franchise agreement they sign. Many people love the idea of going into business already set up for success and find the security and support that comes along with that incredibly refreshing. If this does not appeal to you, perhaps franchising may not be for you.
What should I know before becoming a franchisee?
There are a few considerations to take into account before becoming a franchisee. At TWO MEN AND A TRUCK®, we recommend taking your time researching and asking yourself the following:
- What are my personal and professional goals and will franchising help me attain them?
- Am I able to follow the franchise business model?
- Am I able to make a specific financial investment?
- Does the franchisor provide a strong franchise support system?
- Is the business viable long-term?
- Does it make sense for me?
- What kind of business opportunity is there?
- Are franchisees happy?
When joining the franchise industry, people select a business based on a variety of circumstances. For some, they base it on personal interest, finances, revenue, and being their own boss. Are you looking for an opportunity to become financially stable, orare you looking to increase your wealth as an investment opportunity? After defining your purpose, you will have a better idea of what you want to accomplish and where you want to franchise.
Questions you need to be asking
Whether you have worked in the franchise world or not, there are certain aspects you should know about the brand you are considering franchising with. For instance, you should know the brand’s reputation, growth opportunities, franchisee success stories, return on investment, territories and brand recognition. Most importantly, you need to have a strong understanding of the franchisee/franchisor relationship and what it means to the company, and you as a person interested in the system.
Franchising is a large investment and a lot to consider. Hopefully the above information will help you decide if franchising is for you.
What it’s like to franchise with TWO MEN AND A TRUCK®?
Did you know one in six people move in the United States, annually? No matter the state our economy is in, people are constantly moving, downsizing, and relocating; moving services are always in demand. TWO MEN AND A TRUCK® is a proven service that works. With 62 straight months of growth, our brand is ideal to grow with and invest in.
The franchisee/franchisor relationship is one we strongly value. If you are considering becoming a franchisee in our system, it’s important to know our relationship with you doesn’t stop after you sign the franchise agreement. TWO MEN AND A TRUCK® views its franchisees as a long-term partners. We have vast support from training documents, and employees with specialized skills to help you succeed.
If you’re interested in franchising with us, please visit twomenandatruckfranchising.com! TWO MEN AND A TRUCK® is the first and largest franchise moving company in the United States. Let us help move your career forward!