If you have a goal or dream to open a franchise, you’ll know that there is a lot that goes into getting from point A to point B. It can be intimidating and overwhelming when you’re just starting out. You may be reading this not knowing what you want to franchise, but you’re considering a bagel shop.
Whatever your situation is, we wanted to share with you a complete guide on how to find, buy and run a bagel franchise. After you’re finished reading this you’ll have a much better idea of what your next steps should be.
It doesn’t have to be as stressful and intense as it all seems. With the tips and tricks in this guide, the process will be much easier, you’ll likely save money and you’re business is much more likely to be successful beyond the first few years. Let’s start off by talking about why you may want to go with a franchise, over other options.
Why a Franchise?
One of the best things about running a franchise is that they are quite successful. A lot of entrepreneurs don’t even consider franchising, which is a missed opportunity on their part, so you’re already one step ahead.
With a franchise, you don’t have to worry too much about all the stressful things that go into owning your own business from the start. The franchise has already experienced the ups and downs of the market.
When you get a franchise, you pay a fee and follow a specific agreement. If you follow the agreement, you’re destined to succeed. The brand is likely already popular enough, so you won’t have to worry about branding or marketing.
You’ll likely get sent templates and follow the instructions included. Though it is good to note that having a franchise will give you less creative expression, you’re much more likely to be successful and make money.
Lastly, the great thing about having a franchise is that there are several opportunities available to own more. You can open more stores, or take over existing stores. When it comes to having a business, location can play a major role, which is why some people like running multiple store locations.
Finding a Bagel Franchise
Believe it or not, there are a wide range of bagel franchises options all across the United States. It may be a good idea to visit a lot of these franchises and test their products. Not only that, but observe how their store is run, how the customer service is, and ask if they have a business motto or mission statement. You can even talk to the customers to find out why they choose one bagel shop over another.
Bagel franchises may not be as popular as coffee shops, but everyone one loves bagels. The best bagel franchises will allows for franchising anywhere in the country.
Buying a Bagel Franchise
We wanted to share with you a quick list of things to keep in mind before buying a bagel franchise. You can click here to read about this in detail.
- Make sure you want to run a bagel franchise
- Know how franchises are run and all the ins and outs of owning one
- Save, save, save
- Ask franchisors for tips and tricks
- Make sure the existing franchise is successful
- Be sure you enjoy the franchisor and what they stand for
- Learn how to run a franchise
Running a Bagel Franchise
Running a franchise doesn’t have to be as intimidating and overwhelming as you might think. Thankfully, since you don’t have to build a business from the ground up, you’ll just need to follow a set of guidelines and rules set by the company.
Following guidelines helps to make sure the franchise is kept the same no matter which location you or the patron visits. This will also make sure that the quality assurance is kept in place too. The last thing you want to be is the worst franchise owner of your district.
Something to keep in mind is that you should never stop learning how to run a franchise. Take every accident, misstep, success and failure as a learning experience. Feel free to take advice from staff, customers and higher ups to make sure your store is run as well as possible.
The franchisor will love the fact that you’re willing to learn and do what it takes to make the franchise as successful as you can. Don’t give up when it gets hard and you’ll be well on your way to running an awesome shop!
Interested in running your own bagel franchise? Shmagel’s Bagels is the perfect franchise partner. Contact us today to learn more about our franchising and licensing agreements.