Franchising and how it Works
One question potential franchisees sometimes ask is, “Why should I buy a franchise? Why can’t I just go out and start my own business?” Certainly, some people do enter the business world in that manner. So, what is the real value of purchasing a franchise rather than “going it alone”?
On your own, you might well experience a large “learning curve.” What are the right types of publications to advertise in? Where are design trends heading? What home décor items are most in demand? What type of insurance should I carry?
Without the professional training, business experience, or connections it takes to succeed, it is difficult to get off the ground. Many small business owners begin by hiring outside individuals with experience just for advice. Let’s face it. Opening your own business independently takes time and money.
That isn’t to say that franchising doesn’t require time and money, also. However, as a franchisee, you enjoy a number of advantages that a stand-alone, independent start-up does not. You begin with the accumulated experience, know-how, business practices and operating plan that come with a franchise.
As a franchisee, you enjoy name-brand recognition and a network of support provides an immediate and distinct competitive edge over the independent, stand-alone business. You can avoid that costly trial-and-error period that causes so many problems for start-up businesses. As a franchisee, you’ll “hit the ground running.”
The Fifi’s Fine Resale Apparel® opportunity gives you the ready-made framework within which to build a successful business.
Each year, more than $800 billion in goods and services are sold through franchises in the United States. There are over 550,000 individual franchise outlets nationally, and each working day, a new franchise opens every five minutes.
And here’s another compelling reason to consider the Fifi’s Fine Resale Apparel® franchise opportunity. Retail is the second largest industry in the United States both in number of establishments and employees. Single store businesses account for more than 95% of all U.S. retailers with gross margin typically running between 31 and 33 % of sales … and that number is constantly growing.
You could be a part of this growth story — by becoming a Fifi’s Fine Resale Apparel® franchisee.
Call today for additional information.