Franchise ownership is increasingly popular among prospective entrepreneurs because it eliminates many of the unknowns that come with launching your own business and provides a proven framework for success. Unlike starting your own business from scratch, franchises offer a structure for launching, operating, and growing your operation. They also come with a trusted and time-tested business model. From comprehensive training to ongoing support, the template for success is ready and waiting for you to apply to your chosen market.
Here’s why you should consider buying a franchise instead of starting your own business.
1. Franchisors provide collaboration and ongoing support.
When you buy a franchise, you’ll grow under a common brand, collaborate with a team of professionals, and share in the benefits of a larger business. Although each franchise is independently owned and managed, each franchisee can take advantage of ongoing support and collaborative benefits through the franchisor.
Even if you don’t have any previous business or restaurant experience, the experienced team of restaurant and marketing professionals at Smokin’ Oak Wood-Fired Pizza will equip you with the tools and training you would expect from a world-class franchisor, including:
- Advertising and marketing resources not typically available to independent business owners
- Personalized guidance on daily operations, site selection, and employee hiring and training protocols
- Industry-leading cost management protocols and inventory management systems to help maximize your franchise’s profitability
- Approved and designated suppliers for ingredients, equipment, fixtures, and supplies
2. Franchise owners make more money.
If you love what you do, you’re more likely to succeed. In other words, if you can find a franchise opportunity that matches your passions and interests, you’ll be happier in your career. In turn, you’ll achieve higher productivity and greater success.
Unfortunately, many entrepreneurs overlook this philosophy, and many independent business owners lose interest during the growth and development stages. As you explore franchise opportunities, be sure to research their commitment to franchisees, as well as future development plans and training programs, which enable their franchise owners to enjoy continued success.
At Smokin’ Oak Wood-Fired Pizza, we recognize that franchise owners are the heart and soul of our business, and that’s why we invest in our franchisees every step of the way. From onsite training at our flagship store to our exclusive Franchise Intranet System, we provide everything you need to support the development, operation, and management of your Smokin’ Oak Wood-Fired Pizza franchise.
3. You’re more likely to succeed.
According to the U.S. Department of Commerce, revenue from franchises accounts for over one-third of all franchise sales in the U.S. Franchises produce over 3% of nonfarm private output in the country. When considering the total contribution of franchises (including the goods and services purchased by franchisees and their employees), franchises account for approximately 9% of nonfarm private output in the U.S.
Compared to non-franchise-owned small businesses, franchises also have a significantly higher success rate. In short, franchising comprises a significant portion of the national economy, offering a statistically better chance for success than starting your own business.
Turn Your Passion into a Lucrative Career
At Smokin’ Oak Wood-Fired Pizza, our innovative combination of fast-casual dining, outstanding service and quality, and fresh ingredients is revolutionizing pizza. From personalized guidance to comprehensive training, we’re here to help our franchisees throughout the process of opening and running their pizza franchise.
Whether you’re interested in becoming a semi-absentee business owner or turning your passion for food into a rewarding career, Smokin’ Oak Wood-Fired Pizza can help you make your entrepreneurial dreams a reality. Contact us to find out if our franchise is right for you.