Copy of 5 Tips About Owning a Fast Food Franchise

Published on Jan 26, 2016

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PRESENTATION OUTLINE

5 Tips About Owning a Fast Food Franchise

Topics of Discussion:

  • Research, research, research
  • Find Your Niche
  • Refer to Your Business Plan
  • Know The Law
  • Communicate

#1 Research, research, research

Do your homework. Research what food franchisees are doing to attract business, learn via trial and error, and define your target market. Do your research and learn how to effectively create one a fun, well-known franchise. Visit a Great American Cookies restaurant to see what the employees do, what the store looks like, and even set up a meeting with a franchisee to learn about the experience. We offer a variety of resources to help you learn and get started with franchising. Click here to fill out an application to receive more franchising information.

#2 Find Your Niche

What makes (or will make) your franchise unique? Do you offer an exclusive deal or experience at your business that will make people feel special? What sets you apart from thousands of food franchises competing in the same market? Find your niche and own it. By owning a Great American Cookies franchise, you will have freedom to market the way you want—as long as it aligns with the brand and corporate standards. Find what works best for your store, and hit it hard. Try contests, social media, and in-store specials.

Why did you want to own a franchise in the first place? Where do you want your business to be in 10 years? A strong business plan will help you communicate with customers, partners and other franchisees. They’ll see that you know what you’re doing and will have faith in your business as well. If you ever need help with starting your franchise, there’s fellow franchisee’s and resources out there to help you. Feel free to contact us or click here to view some of our resources available.

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.