5 Things You Need to Know Before Opening a Franchise

There are so many things that go into making your decision to be a business entrepreneur. Before you can come to your final conclusion, you will need all of the information you can get to help you make the best decision for yourself and your family. Be sure to find out these things before opening a franchise.

5 Things You Need to Know Before Opening a Franchise

1. What the franchise agreement includes to help you succeed. Do you have access to mentors, free marketing materials, and a website? Or will you be responsible for those things on your own or for an additional cost?
2. How many franchisors leave. Imagine a franchise that has 100/100 successful locations. Sounds great, right? But what if 50 of those locations had owners who left after five years? That points to franchisee unhappiness.
3. How quickly other franchisors find success. You’ll want to know realistically when you will reach your goals. One year? Five? 10!? Success differs for everyone, so be sure to ask using specifics.
4. What exactly the franchisor expects from you. Some franchisors have things they are not willing to be flexible about, sometimes down to the font used to communicate with customers. Ask ahead of time to ensure these are things you are okay leaving up to the franchisor.
5. What your competition is like in your immediate area. There will always be business competition, but a franchisor should not expect you to compete with another franchisee.

We Offer Franchising Opportunities for Veterans and Their Family Members.

Are you a Veteran or Military family member who is interested in becoming a business owner? JDog Brands offers franchise opportunities exclusively for Veterans and Military family members who also live by the values of Respect, Integrity, and Trust. Call us today at 484-324-6444 to find out how you can open a JDog Junk Removal & Hauling or JDog Carpet Cleaning and Floor Care location in as little as eight weeks.