Almost anyone can name a food franchise or three. They’re everywhere.
And, because they’re found on just about every street corner in the US, a sizable number of people who are thinking of starting their own businesses, are drawn to food franchise ownership like magnets.
But, food service business ownership isn’t for everyone.
It’s probably the toughest business in the world; but the rewards can be big.
Are you up to it?
You’re Always There
Food franchise owners log a lot of hours.
A lot of the people that I’ve advised over the years are former corporate employees who’ve been slogging away…working 70-hour weeks for years. Most of them are trying to avoid long hours, so they avoid food service businesses at all costs.
Of course, starting any type of business will require long hours; it’s just that food businesses usually require long hours for a longer period of time after the start-up phases is over.
But, not always.
For example, multi-unit food franchisees aren’t usually working the counter of your typical food business.
A gentle tip from The Franchise King®:
Do not buy a franchise until you know EXACTLY how to do thorough research.
Learn how here
But, they may have started their businesses at the counter-to learn how to operate it.
Franchisees of food franchise businesses can do very well…and a lot of them do.
A lot of things come into play. Like:
- The location
- The niche they’re in
- Brand appeal
- Operating costs
I know the food business pretty well. I started working at restaurants when I was 14 years old. I eventually managed food-service businesses, and saw first-hand, the wealth that was created by the owners of the establishments I worked at. Believe me, the potential to make big money in food exists. You just need to know what the trends are. You need some data.
I have access to just the data you need, courtesy of one of my strategic partners-Franchise Direct.
Once again, the team at FD has put together some easy to read, and easy to understand industry reports.
As a matter of fact, if you’re thinking of becoming the owner of a food franchise someday, and believe in your heart that having good data at your fingertips can help you make a wise franchise choice, you’re going to want to read and bookmark these reports.
Just click the sandwich for access to the Franchise Direct Food Franchise Reports.