What To Look For In A Franchise Opportunity For Women
One of the American Dreams that exists in nearly everyone’s mind is that of owning their very own successful business. There are people in every family that have done it, some quite well, but still there is always a fear of spending a lot of money only to fail miserably and they have to return to your old job. There are ways to greatly increase your chances for success, and one of those is to find a good franchise, instead of trying to go it alone on a path uncharted. Let’s take a look at a franchise opportunity for women or two that could help open your eyes and give you some ideas.
A Manicure And Nail Solon Is A Great Opportunity
In today’s busy world one of the things that many women have skipped for lack of time is taking care of their nails and hands. Sitting down for an extended period of time can be difficult when you’re running late all day long. But, if you can allow someone else to do all of the preparation and clean-up that’s involved you will most likely find the time.
The best new manicure franchises can now do a complete job in just 10 minutes, you could almost have one done on your break instead of using your lunchtime. You can usually find these types of Fast Nail Salon franchises for around $30,000 and they’ll provide all the training to get you started in business.
When searching online you’ll want to use the search phrase “10-minute manicure”. While doing your research it’s also important to read a few of the reviews that you’ll find online. You’ll read that nearly all of the customers were very pleased with the speed and customer service and that they are highly recommended in all of their locations. Keep in mind, of course, that as a franchise owner the top quality customer service would be your goal to instill in your employees.
When Looking For Franchise Opportunity For Women Find A Trusted Name
While you won’t always recognize the name of every franchise opportunity, you should be able to go online and read lots of reviews in order to know that the end result is happy customers. If you have more questions, you should spend some time and make some phone calls directly to the owners of the franchises that you’re interested in
Have a list of questions and concerns that you can ask the owner, and definitely ask them if they could turn back time, would they re-buy the franchise again. Also, since owners of existing franchises may know of other owners that are retiring or have a location to sell, you might have an inside scoop on a good opportunity.
Keep In Mind That The Location Is Highly Important
The franchise company that is selling the opportunities, should have an ironclad method for picking a top quality location. If they are nebulous or don’t seem to have it nailed down, they aren’t doing their job. There should be almost no doubt of the exact type of spot, with the right customers in the neighborhood, and the correct media campaigns needed to get you started.
Then, they should have a complete system from start to finish of where you’ll be getting your clients, whether it’s pizza or dog washing, to keep yourself in business on a daily, weekly and yearly basis. If they lack the right insight, move on to a different opportunity.
There should also be quality phone support where any questions that you have can be answered immediately. One of the reasons to get a franchise in the first place is to have ongoing help anytime you need it. You should test them out several times before you invest any money to make sure the help they’re offering is really there.
Making A Pita Is A Refreshing Franchise
In most larger cities there are usually tons of pizza, Mexican food, or Chinese food locations, and that’s great, but sometimes people are aching for something a little different, healthy, and tasty. Pita sandwiches are all three, easy to make, quick to deliver, and being a consumable, there is plenty of repeat business.
A franchise with a company such as Extreme Pita will cost about $25,000 for the franchise fee and need about $75,000 to make sure you have enough to get started and continue in the business. As you look them up on the internet you’ll see that they’ve been in business nearly 20 years and originated in Canada.
They specialize in healthy, quickly made pitas that are full of great flavors while not being bad for the waistline. Since they don’t have the added expense of waitresses the food can be sold for an excellent price without all the waiting for service. They also have hot soups, fresh salads and drinks to offer as well.
The advantage to going with a company such as Extreme Pita is that they have all of the things a franchise owner would need including help with store design and construction as well as training for the owner, managers, and employees. There are ongoing support personnel and help with buying in volume with other franchise owners.
When searching online for reviews posted by customers it’s easy to see why they’re so successful as most of their reviewers are ecstatic about the flavors and richness of the food. Many people raved about the pizzas and salads as well as the chicken souvlaki pita with extra tzatziki sauce, so you know they’re doing good in getting repeat customers.
Transcriptions And Interpreters Are Needed In This Complex World
Due to the incredible increase in immigration to countries all around the world, there has been a huge increase in the demand for people to interpret and transcribe for the courts, lawyers, and marketers.
A franchise such as this can be had for a $29,000 franchise fee and an additional $30,000 in capital would be required to have on hand. A company such as Interpreters Unlimited would do the work using their already on hand workers. This would be a perfect work from home opportunity that would have flexible hours.
Anyone with a background in the legal profession, teaching, immigration or even the medical profession could offer the services of translation and transcription to any lawyer, judge, police bureaus, or medical professionals and earn commissions. The interpreter business alone is estimated to be approximately $14 billion per year and still growing. Many legal and educational institutions are now required by law to provide native language interpreters for their clients making this a fast-growing opportunity.
A company such as Interpreters Unlimited has on hand nearly 7,000 experts that can translate into more than 130 different languages and is expanding all of the time. They can provide in person translation, over the phone translation, and document translation as well.
If You Love Dogs Then A Dog Training Franchise Could Be For You
Another great franchise opportunity for women is in the dog training business. Bark Busters Home Dog Training helps dog owners train their own dogs and handle their behavioral problems as well. They’ve been in business 26 years and franchising in the US since the year 2000. It will require a franchise fee of $20,000 and an additional $50,000 in capital to get started in your own dog training and obedience school.
The dog care business in the US is estimated to be approximately $52 billion per year and teaching dog owners how to train their own dogs is booming as well. Many owners have come to Bark Busters with problems with bad behavior, including barking, chewing, jumping and digging.
Bark Busters is now the largest dog training company in the world serving the US, New Zealand, Australia, Japan, and Canada. They have a unique way of training dogs that has earned them the SPCA award for Best Trainers. They use 100% humane methods with non-physical abuse methodology.
The training is done in the dog owners home so as to be the most convenient for both the dog and owners and some customers actually see results from the very first day. They offer a training guarantee for the life of the dog that continues the support and help as needed.
Since they are a top brand in the industry, they have an excellent reputation as well. An online search shows that 94% of all franchisees rated their Bark Busters business as exceptional.
A quick search of the online reviews from customers shows that Bark Busters has proved to be a lifesaver for many people and their pets. Some had tried several training situations and had nearly given up when they found Bark Busters. The guarantee is also a strong selling point of the service and is often pointed out in the reviews.
If you’re in the market for a franchise opportunity for women there are quite a few available no matter what your background or experience. Some require more investment than others, but the search is the same either way. Find something you’re genuinely interested in, read the reviews of their customers, study their website, and make some calls to other franchise owners to get the real information before you decide on which franchise you’d like to own.
Key Franchise Opportunities To Consider
Over $200 billion goes into USA’s franchising industry, and this number is continually growing. Franchise owners are employing 8 million people around the nation. There are also 760,000+ franchise establishments in the country as of right now.
The stats all demonstrate the viability, popularity, and quality of franchising. It is one of the most powerful and lucrative methods for earning money in this day and age for those who find the right opportunity.
However, what are some of the key franchise opportunities in present time for those who are looking to enter the market and start earning money?
Let’s take a look.
Defining A Successful Franchise
Before looking at the key franchise opportunities, it is best to pinpoint what it means to find a successful franchise. What are the characteristics of a good option in this day and age? The main selling point would be the reputation of a brand, future growth, and current value. You have to begin with these factors and then start looking at the details.
It should never get to a point where you are taking on a franchise that is not doing as well.
Look at the initial investment, financial potential, and the location in which you are going to be placing this franchise. You should not be looking at a franchise opportunity without thinking about your personal situation. Even the greatest of franchises can fall flat when you are not putting them in the right location.
Knowing all of this, you can then start weighing the options between multiple franchises and what they have to offer. As long as you do this, you will be able to find a franchise that provides value in the short and long-run.
This is a viable business for those who do their research and don’t cut corners.
1) Pizza Hut
Let’s begin this list with an entry that has been around for a while. You can go to most parts of the world, and you will see the famous Pizza Hut logo looming overhead. It is something that is a given because of how valued the pizza is.
If you are thinking about starting up a pizza franchise, this has to be the one you trust. It is a remarkable brand and one that continues to grow.
The initial investment will begin at $297,000, and there is a net worth requirement of $700,000. You are also expected to have over $350,000 in liquid cash on the side.
There is a franchise fee of $25,000 along with 6% in royalty fees.
This is a great opportunity because their pizza is appreciated and you will not have to market as hard. The brand sells itself. Despite the competition, it has continued to do well.
2) Anytime Fitness
In a world where working out has become necessary and remaining healthy is “cool”, you are tapping into a franchise opportunity that is ready to soar. Anytime Fitness is a leading brand when it comes to fitness.
Set up your gym and watch as people flock in from all parts to start working out and using your machines.
The initial investment is listed at $63,000, and the net worth has to be at $250,000. You will also need $70,000 in liquid cash.
The franchise fee is $15,000, and you pay $549 every month.
It is a very good time to get into this, and you will be able to maximize earning potential by starting now.
3) Dunkin’ Donuts
Who doesn’t like coffee and donuts? If that is the market you want to get into, this is the biggest name available. You will be able to receive great value when you go with Dunkin’ Donuts.
What are the financial figures like for this investment? You are expected to pay $$217,000 as an initial investment. The net worth has to be $250,000 and $115,000 in liquid cash.
The franchise fee comes out to be $40,000, and you pay 5.9% in royalty fees.
It is an exceptional brand because of how great the coffee and donuts are. This is a renowned name because the value you are getting is not going to stagnate. It has done well against all competition and continues to trump everyone around it.
This is a great place to begin for those who wish to set up a donut shop. It will last for a long time, and the sales are tremendous as of right now and project to increase.
If there is one franchise that will always be highlighted, it has to be this one. Mcdonald’s is perhaps the greatest franchise chain of them all in the eyes of prospective owners. It is one of the most popular brands in the world.
The initial investment will come out to be $989,000, and you need $750,000 in liquid cash on top.
The franchise fee is $45,000. It is an incredible business opportunity and one that is going to grow leaps and bounds once you start. The initial investment says it all about how sought after this brand is.
Gas stations are a vital cog in the system and a great investment for those who want to get into franchising. You want to think about this as a sizable investment.
The initial investment is $38,000. You need $100,000 in net worth, and the franchise fee is at $10,000. The beauty of gas stations is there are many cars out on the roads, so you have a lot of potential customers coming in. You can tap into this make money.
For veterans, this is a great opportunity and perhaps the best one. You will get 10-20% off the fee. It is well worth the investment.
This has always been among the finest franchise opportunities in the world, and that is not going to change soon. Subway is a world-class organization and a franchise you can get behind. It also suits the current movement behind health-conscious, so you are on the right side of things in this matter.
The initial investment comes out to be $116,600, and you will require a net worth of at least $80,000. The initial franchise fee is $15,000 and an 8% royalty fee on top.
Subway is a renowned franchise and is a great option when it comes to the world of food. It has also remained in the top 10 franchises for over a decade now indicating how powerful it is.
Are you looking to get into the hair cutting business? Everyone needs a hair cut and “Supercuts” is known to be the best. It is a great franchise that is available all across the nation.
The initial investment is going to be $144,000, a net worth requirement will be at $500,000, and you will need an additional $150,000 in liquid cash. The finances are not as difficult because you are earning a significant amount through the franchise once it is set up.
You are expected to pay $29,500 in franchise fees and then a 6% royalty fee for the name.
This is a great option, and you will also receive a $2,500 rebate on the first store. If hair cutting is what you want to get into, this is the number one option.
10) Hampton By Hilton
This has been around since 1984 and keeps growing larger.
Hampton by Hilton is a notable name in the world of hotels. It is a reputable hotel chain and one you can maximize as soon as the investment is made.
The initial investment is going to be over $3 million at a minimum. You are also going to be paying a $75,000 franchise fee along with a 6% royalty fee for the name. It is essential to pinpoint the necessity of having $3,000,000 in addition through liquid cash.
This is a fascinating opportunity for those who are hoping to invest in a hotel chain.
11) Jimmy John’s Sandwiches
This is the big player right now and is at the top of the list for most prospective owners. Jimmy John’s Sandwiches has grown rapidly and is a successful franchise opportunity. The inventory is minimal, and the investment will yield value after you have shown the initial $300,000 (net worth).
The annual sales figures state franchise owners are earning over $1,300,000 in sales. This is an extensive number right out of the gate and shows the viability of this option and what it entails.
There is a 17-day training program, and then you are ready to go. There is a $30,000 franchise fee along with a requirement of $300,000 in net worth.
These are the key franchise opportunities in America at this point. You want to go through all of these options to find what best suits your requirements. It is not about going to the top of the list and choosing this franchise, but understanding all of the variables in your life. What do you prefer regarding the niche? How are your finances? Where are you locating the franchise? Think about all of this and choose from these opportunities.
Using Dance Franchises To Build A Brighter Future
The world is full of people who are passionate about dance, but few of those people are able to harness that passion and turn it into a thriving career. After all, only a tiny percentage of dancers have the talent, build, and training to get professional work.
However, professional dancing isn’t the only way to build a dance career. People can also invest in a dance studio franchise. Dance franchises can be extremely lucrative, and they allow people to make dance a permanent part of their life.
Launching a dance school requires a great deal of planning and preparation. Working with an established franchise can eliminate some of that ground work. Franchises already have a name and business plan in place. They just need people who are willing to invest and take advantage of franchising opportunities.
With that said, it’s important that people research franchises and choose one that’s a good match for their set of skills. Some dance franchises are fairly specialized, and may not offer what a business owner is looking for.
For example, one of the most successful dance studio franchises is Kinderdance International. This franchise specializes in dance and fitness programs for young children. Although classes are typically available for children up to age 12, most students will be very young.
This type of franchise would be ideal for someone who is passionate about educating for dance, as well as people who enjoy working with young children. However, if that person is more interested in advanced choreography and training budding prima ballerinas, they may be unsatisfied with this sort of franchise.
The Millennium Dance Complex is another very successful dance studio franchise. The company has helped launch the careers of a number of professional choreographers, and has several A-list names attached to it. Their classes provide a high level of instruction; many of their programs are quite intensive.
A franchise like this would be a poor fit for someone who wants to run a laid-back studio. Because the name of this franchise is well known, the expectations of its customers are high. However, this studio franchise is the perfect fit for entrepreneurs who want to provide top-of-the-line training and education for their students.
The first step for anyone considering opening a franchise should be to look at the options available to them. They should evaluate the various dance studio franchises out there, and decide which one compliments their vision for a dance studio.
From there, they will have to begin working to get their dance studio off the ground. Most studios will require an initial investment; the cost of this investment will vary based on the franchise. In addition to this expense, the franchise owner will have to pay rent, salary, and other basic costs.
Most franchise owners get their initial start-up money through a small business loan. Because established franchises already have a business plan in place, obtaining a loan is typically easier than it would be otherwise.
The initial investment needed can vary greatly depending on the franchise chosen. While some franchises may only require a small cash investment, they also charge a franchise fee. However, this fee may not need to be paid in full initially; many franchises allow people to pay it over time.
While no franchise can perfectly predict the future, they can help give their investors a general idea of when they’ll start to see a return on their investment. This can help people to figure out how they can keep up with loans as they work to push their books into the black.
Many investors are tempted to put a lot of their initial expenses on a credit card. After all, this allows them to take out a smaller loan, and gives them extra cash to spend as they wait for their investment to become profitable.
Putting expenses on a credit card can be a smart idea in some situations. There are small business credit cards that don’t charge any interest during the first few months, and there are cash back credit cards that can help investors to stretch their money further.
However, credit cards can also cause a lot of problems for investors. Most franchisors don’t take the high interest rates of credit cards into account when developing their business plans. If an investor creates a lot of credit card debt while building their business, it may be harder for them to make that business the success.
Ultimately, it’s important for any investor to be careful with their money. Even though the franchise has provided them with a strong base business plan, they’re still going to have to be smart with their money in the days before their business opens.
From there, studio owners can start taking steps towards building a successful dance business. When it comes to a dance studio, location can make or break a business. It’s important that studio owners choose a location that will help draw customers to them.
Ideally, a dance studio should be located in a part of town that gets a lot of foot traffic. Many people become aware of a studio when they drive by it. The studio should be in a place where it can be seen.
The location will need to be safe, and it will need to provide ample parking, especially if the studio is going to serve young children. Parents value convenience, and may rule out a studio if it is too difficult to get to.
Some franchises don’t allow investors to choose the location of the studio. Instead, they ask them to choose from a variety of different locations. This may give investors less freedom, but it can also make it easier for them to get their business off the ground. These locations are usually heavily researched before they’re chosen, and are very likely to be successful.
It’s also important that the dance studio makes a positive first impression. This is one of the biggest benefits of working with dance franchises; they’ll usually provide signage. When people see that a studio is attached to an established brand, they’ll be more likely to enroll their students there.
A variety of equipment will also be needed. Most franchises will provide investors with much of this is equipment in exchange for paying a franchise fee. Dance equipment, music, and even leotards may be provided by the franchise.
A strong marketing strategy is usually key to getting a franchise off the ground. Many franchises already have national advertising campaigns, which can help to attract customers. However, franchise owners will still have to make sure that people know about the new location in their area.
Dance franchises don’t always require investors to develop their own marketing strategy; many already have a marketing plan in place. With that said, it can be smart to network with local businesses and work to improve the visibility of your studio.
While investing in a franchise can help someone to get a business on the ground, people shouldn’t rely on the expertise of the franchisor forever. Anyone running a dance studio should be working to improve their business skills. Franchises can provide people with a strong business plan, but it can’t always help them to deal with everyday business problems.
Of course, that doesn’t mean that people should stray from the franchise system. Building a successful dance studio is a challenge; the big franchises are what they are for a reason. These franchisors know what works, and want their brand to continue to thrive. They won’t give their investors bad advice.
After people have made their investment and gotten their dance studio off the ground, they should try to continue to grow and learn. Many franchises have regular meetings that investors can intend. Traveling to go to these meetings is a worthwhile business expense. They can provide people with tips that they can use to grow their business even further.
People from all walks of life have a passion for dance. Some people like to dance themselves; others like to watch others perform. Some people use dance to get in shape or become more limber; others simply see it as a fun hobby.
The opportunities available to those who want to dance professionally are very limited, but there are all kinds of opportunities available to those who want to build a career around dance.There are a number of established studio franchises that cater to a wide range of interests.
Anyone that’s passionate about dance should take a close look at some of these franchises. People don’t need to have a head for business in order to run a successful dance studio; they just need to partner with the right franchise.
From children’s studios to complex dance classes, there are all kinds of franchises available. People should evaluate their own needs, look at the investment opportunities available to them, and decide what course of action they’d most like to pursue. They should be able to find a studio franchise they’ll be happy with.