Is franchising for you?
Thinking of opening up a franchise? See if you have what it takes
It can be empowering to open your own business, and a franchise means you can be your own boss and a leader to others, all with the support of a big business network behind you. It’s a great way to take control of your career while relying on the security of a business model that’s already been proven and replicated. Still, that doesn’t mean that a franchise will automatically be a success. You’ll want to increase your chances of making it work at every corner. Different business leaders have different styles (heck, even different businesses!) but there are some important characteristics all good leaders share. So while you think about this opportunity, you may want to ask yourself:
Are you organized? It’s important to be creative when problem-solving, but an effective franchisee is also someone who is great at following a system to the T to execute a strong roll-out. The most successful franchise owners are those who can follow the system, rather than trying to come in and make broad changes.
Do you get along with people? You’ll be building relationships at every level, every day. From the customers to your employees, and from your fellow franchisees to the bigger brand, it’s important to have a great sense of what others expect from you and what you expect from them.
One of the best investments you can make in 2019
How investing in a franchise can be an investment in yourself
As 2019 gets going, you might be considering how to take more control of your finances and make your investments work better for you, perhaps by opening your own business. One route to do so is investing in a franchise—a business model in which a local outpost is backed up by the know-how, systems, and procedures of a larger company. This opens up the question: Do franchises make good investments? Simply put: yes.
A franchise provides many of the benefits of small business ownership, such as independence, but with the invaluable support of a larger, established company. Franchisees are able to rely on a pre-set business blueprint, which makes setting up shop much easier.
Woops! Macaron Franchise
Energetic and growing gifting and events company operates high-end bakeshop and boutique kiosk franchises across the United States
Woops! Is a fun, energetic macaron franchise to own and operate, a feeling that goes back to its very founding: In 2012, four friends rented space in a holiday market to enjoy the season and offer their homemade macarons to the community. In nine weeks they had sold $250,000 worth of macarons. “Someone said, ‘Woops, we have a business,’ and the company had an official name,” says Raj Bhatt, Chief Financial Officer and co-founder. “We have grown ever since by the demand from customers and from entrepreneurs who want to become part of this rapidly growing opportunity.”
Woops! franchise owners have captured the U.S. demand for macarons and other international desserts by creating beautiful, inviting spaces that engage consumers’ senses while also offering a unique purchasing and gift-giving experience. And they’ve done so in a energizing, authentic way that’s as “Instragrammable” for sharing online as it is during in-person visits.
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