5 Tips About Owning a Fast Food Franchise

9
5 Tips About Owning a Fast Food Franchise

Transcript of 5 Tips About Owning a Fast Food Franchise

Page 1: 5 Tips About Owning a Fast Food Franchise

5 Tips About Owning a Fast Food Franchise

Page 2: 5 Tips About Owning a Fast Food Franchise

It’s not easy to own a well-known fast food franchise. You have to put in a lot of sweat and

effort to make your business a success. The restaurant business is known to be notoriously

tough. However, owning a fast food franchises can also be extremely rewarding.

Page 3: 5 Tips About Owning a Fast Food Franchise

To help you learn more about what it takes to own one of Global Franchise

Group’s food franchises, here are a few quick tips to help you get on your way.

Page 4: 5 Tips About Owning a Fast Food Franchise

Topics of Discussion:

1. Research, research, research2. Find Your Niche3. Refer to Your Business Plan4. Know The Law5. Communicate

Page 5: 5 Tips About Owning a Fast Food Franchise

1. 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.

Page 6: 5 Tips About Owning a Fast Food Franchise

2. 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.

Page 7: 5 Tips About Owning a Fast Food Franchise

3. 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.

Page 9: 5 Tips About Owning a Fast Food Franchise

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.