Generally there are two options to enter the world of business. One is starting an independent business. And the other is franchising. Franchising has become a trend in today’s world. But many queries are still floating around. For instance is owning a franchise profitable? Or is it better to commence private business? We intend to clear some of these mind boggling questions in this article.
Let’s look into some info regarding conventional business and franchise business. And is owning a franchise profitable or not:
Brand Recognition and Profitability:
Being a franchisee to a profitable brand like Uncle Fluffy franchise will make recognition easier for you. Moreover customers are guaranteed to visit the store. Therefore there are high chances to generate income swiftly. And also without much investment. However in traditional business the branding effect needs to be created by the entrepreneur. It may take months or even years for the brand to reach its peak.
Running the Business:
Most of the time franchisers provide full training to run their business. It is not necessary on the part of the franchisee to have prior business knowledge. However there is no guidance in personal business. So you have to learn the basics on your own. This can be quite troublesome especially for beginners.
Location, Equipment and Supplies:
In franchise trade, you will acquire all the necessary support from the franchiser. Like the appropriate site for your store, what equipment to purchase and of what size and how often to keep stock of your supplies. All these info is missing in an independent business. You have to make all the decisions. Which can lead to inaccuracies and blunders.
Next, finance plays an important role in the business world. For example the cost of investment, marketing and a lot more. For personal business, you need to come up with the capital yourself. Franchisees on the other hand have the advantage of obtaining loans. Since bankers and financiers lend money mostly on brand trust and referrals.
Uncle Fluffy Franchise:
Finally yet importantly Uncle Fluffy is offering you a fantastic franchising opportunity. It is basically a low cost franchise. And a profitable franchise as well. In addition our Japanese Cheesecake franchise is an easy to operate franchise. We offer an all-inclusive training on running our business. Apply to our franchise. And be the store owner of our jiggly cheesecake!