get a franchise!
Tip 1 for today: GET A FRANCHISE!
If you're going to start a business, but you've never done it before, I'd recommend that you get a franchise. Though there may be some downsides- royalties, following orders, not having the final say all the time- franchises, if they're good, guarantee business. At least, they're set up to bring in instant revenue.
We first opened a Sub Zero Ice Cream store. While corporate wasn't really the easiest to work with, we had sales the day we opened. Why? Perhaps because we're in utah and people ADORE ice cream (who doesn't? if you said, 'I don't,' you should quit reading my blog haha). But also, we weren't some random, hole-in-the-wall shop. We were a branded name.
We just opened a tanning salon, and while I think business should pick up here soon (it's not tanning season yet), I think we would have been tons busier if we were a franchise. However, advertising is going out some time this week and it's going to get kind of chilly outside soon (bleh). anyway, that's my tip if you've never opened a business before (or just buy an established business- haha, wouldn't we all).
BUT, make sure it's a good franchise, or else they're just taking your money. I see people close all the time and I have to say you can usually pin point exactly why they go out of business. Not like I'm some brilliant business person, but our experience with franchises has proved much more reliable than going at it on our own (but hey, it's only been three weeks with the new venture. Will someone tell my husband to QUIT FREAKING OUT!)
amber
If you're going to start a business, but you've never done it before, I'd recommend that you get a franchise. Though there may be some downsides- royalties, following orders, not having the final say all the time- franchises, if they're good, guarantee business. At least, they're set up to bring in instant revenue.
We first opened a Sub Zero Ice Cream store. While corporate wasn't really the easiest to work with, we had sales the day we opened. Why? Perhaps because we're in utah and people ADORE ice cream (who doesn't? if you said, 'I don't,' you should quit reading my blog haha). But also, we weren't some random, hole-in-the-wall shop. We were a branded name.
We just opened a tanning salon, and while I think business should pick up here soon (it's not tanning season yet), I think we would have been tons busier if we were a franchise. However, advertising is going out some time this week and it's going to get kind of chilly outside soon (bleh). anyway, that's my tip if you've never opened a business before (or just buy an established business- haha, wouldn't we all).
BUT, make sure it's a good franchise, or else they're just taking your money. I see people close all the time and I have to say you can usually pin point exactly why they go out of business. Not like I'm some brilliant business person, but our experience with franchises has proved much more reliable than going at it on our own (but hey, it's only been three weeks with the new venture. Will someone tell my husband to QUIT FREAKING OUT!)
amber
Published on September 13, 2011 18:26
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