4 Reasons a Restaurant Franchise is Easier to Run than Traditional Restaurants

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4 Reasons a Restaurant Franchise is Easier to Run than Traditional Restaurants

Transcript of 4 Reasons a Restaurant Franchise is Easier to Run than Traditional Restaurants

4 Reasons a Restaurant Franchise is Easier to Run

than Traditional Restaurants

Entrepreneurs interested in managing their own restaurant franchise are faced with two options: start a new business

from scratch or get involved with an existing restaurant franchise. The total independence of running your own

startup is appealing in some ways, but there are a number of reasons why a restaurant franchise is significantly easier

to run.

It is true that franchising has its own set of challenges, but many people needlessly fear that running a restaurant

franchise is a nearly impossible undertaking. Below, we give four advantages that a restaurant franchise has over

startups, with a focus on the classic franchise, so commonly seen at fairgrounds and on beachfronts, Hot Dog on a Stick.

Topics of Discussion

1. Brand Recognition

2. A Faster Beginning

3. Fewer Upfront Expenses

4. An Extensive Support Network

1. Franchises are a known quantity to consumers. Consumers are familiar with the food and service at

their favorite chain restaurants, and they feel they are taking little “risk” when they stop by a franchise for a bite to eat. Hot Dog on a Stick, for example, has been in the business since 1946, and its delicious, sizzling beef franks on a stick and perfectly mixed lemonade are favorite foods of millions. Not only the name but also the colorful uniforms (“stripes and the hat”) Hot

Dog on a Stick employees wear contribute to the franchise’s hard-earned brand recognition. When you start a new franchise restaurant, you have a ready and waiting customer base as you tap into the fruits of the

franchise’s reputation.

cc: sixes & sevens - https://www.flickr.com/photos/45665251@N00

2. While exact startup times vary, on average, a franchise restaurant can be set up much faster

than a totally new enterprise. This is because the franchise has a ready-to-go plan for establishing

new locations that it has put into action numerous times in the past. The process is honed, streamlined, and guided step-by-step by

experienced staff. All in all, getting started faster means less stress and greater revenues. It also

allows you to get your foot in the door of the local market in an optimal season and during a boom

that may be underway.cc: Thomas Hawk - https://www.flickr.com/photos/51035555243@N01

3. Financing a new restaurant of any kind will involve significant financial investment, but the assistance obtained from the franchise lessens the cost of a

franchise restaurant startup compared to traditional restaurants. You may be able to avail yourself of

reduced prices on necessary equipment, supplies, and even the building itself. Your orders can often enjoy

the benefit of bulk-rate reductions since they go through the franchise, and it is often easier to

convince creditors to give you a loan when a trusted brand name stands behind you. Furthermore, the marketing expenses of a restaurant franchise are

reduced because the franchise handles much of the marketing.

Want to learn more? Please visit our blog at:

http://www.hotdogonastickfranchise.com/blog/4-reasons-a-restaurant-franchise-is-

easier-to-run-than-traditional-restaurants/

Or visit our website at:http://www.hotdogonastickfranchise.com/

Disclaimer: This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for

information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer

you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements

in your state. Franchise offerings are made by Franchise Disclosure Document only.