The Franchise King®

What’s The Most Important Thing About A Franchise Opportunity?

image of a great pizza product from a franchise

I’m not going to leave you hanging.

The most important thing about a franchise opportunity is the product.

(This post may contain affiliate links. Please read my disclosure policy).

Period.

Let me give you a real-life example.

 

A Great Pizza Pie

Recently, a new pizza franchise opened their doors near me.

Not being an early-adopter, I waited until I “heard” a little more about their pizza.

Once I did, I ordered a couple of pizzas.

They were good. Like really good.*

And as an added bonus, the customer service was impressive.

As in, “We’ll do whatever it takes to make you happy.

Now, that’s not what the employee who provided superior customer service said.

It’s how she came across. And it was authentic.



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It’s something that matters to me. Tips increase in size when that happens.

 

The Most Important Thing About A Franchise Opportunity

If this small pizza company does things right, meaning if they maintain product consistency and keep their customer service the way it is now, they may have a winner on their hands.

But pizza.

I know. There are hundreds of different pizza franchise opportunities available.

And there are pizza shops everywhere. Both independent and franchised. Thousands of them.

But a lot of them are busy. Profitable, too.

It all boils down to this.

If the franchise opportunity you’re interested in offers a high-quality product or service, it’s much easier to get customers in the door. It’s also a lot easier to keep them coming back for more.

And if you keep your expenses in line, that equals profit.

Bottom line?

A franchise opportunity that consistently offers a great product/service is a franchise I’d want to look into.

And you should too.


*If I say the pizza is good, that means it’s met my extremely high standards. Just ask my wife or daughter.

Ask them how many times I’ve said “the food’s okay” during the numerous in-person or take-out activities we’ve undertaken for decades.

To put a final point on it, whenever I say the food’s “really good,” they give me a look…followed by a smile, because I hardly ever say it.

Do you agree with my statement?

 

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franchise article written by joel libava
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joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes.
For 23 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Joel is Highly Principled
There are many people in the franchise business who claim to to be experts in the field. Unfortunately many of them lack both knowledge and integrity. Joel, however, is without question one of the most qualified and principled people I know, in or out of his industry."
- Greg Reynolds, Retired Outplacement Counselor
"Many receive advice, only the wise profit from it."
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