As a blogger I love owning my own business. It’s a lot of long hours and hard work but it’s amazing knowing that I can help support my family. Today I am working with Supercuts to share about a different business model: Franchising.
Until recently I didn’t know much about franchising but, as I’ve learned more, it seems like a great way to start a business. I like that it’s an established brand that is already known. While you still have to advertise and promote your business, franchisees don’t have to start “from scratch”. It’s hard to get your name out there and establish it. It took over a year before I was being contacted by brands who had found me. Before then I had a tiny readership that consisted mostly of my family and friends. I’m still working on getting my “brand” known and I’ve been at this for over 5 years so starting a business with a brand name already established would have saved me hours and hours of time.
Another thing I like about franchising is that you are working with a company that knows the business. They know what works and what doesn’t. As a business owner my biggest fear would be to fail. It would be awesome not to have to go through the trials because someone has already done it for you.
Over the next couple months I will share more about franchising and Supercuts franchises in general but I’m interested to hear your thoughts. Do any of you own a franchise? What do you like (or dislike) about it? Have any questions about owning a franchise?
(Disclosure: This is a compensated post but all thoughts are my own.)