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Old 01-10-2009, 07:13 AM
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Default Franchised or Non-Franchised Restaurant?

It is one of the vital questions that haunt everyone who want to start a new restaurant. There are several facts states that for a non-franchised restaurant, it is hard to sustain in the market. Whereas, in case of franchised restaurants, the success rate is almost 90%. The factor that should be considered before opening a restaurant is that how well other franchised restaurants are doing.

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Old 01-10-2009, 02:15 PM
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That's quite a difficult dilema. I say a lot depends on your personality. For many people, having a system to go by is necessary to the success of their business. For me, I couldn't stand having someone telling what to do all the time. Being a franchisee means following their standards and demands exclusively, at the risk of losing your franchise. Losing your franchise usually means all the equipment, signage, and sometimes property, while you still hold the mortgage to it all. Franchisors can demand that you upfit your entire property, potentially costing tens of thousands of dollars.

However, with your own business, everything is up to you. You don't have a recognizable brand, you don't have marketing support, you don't have national buying power and many other concerns that wearing every hat in your own business demands.

If considering a franchise, do a tremendous amount of research, and make sure you have deep pockets to keep up with their demands. Most importantly, read your franchise agreement very carefully. Don't let the excitement and emotion of owning your own business cloud the business decision you must make. Your future will ride on the right decision.
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Old 12-01-2010, 08:30 AM
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Quote:
Originally Posted by ChefToddMohr View Post
That's quite a difficult dilema. I say a lot depends on your personality. For many people, having a system to go by is necessary to the success of their business. For me, I couldn't stand having someone telling what to do all the time. Being a franchisee means following their standards and demands exclusively, at the risk of losing your franchise. Losing your franchise usually means all the equipment, signage, and sometimes property, while you still hold the mortgage to it all. Franchisors can demand that you upfit your entire property, potentially costing tens of thousands of dollars.

However, with your own business, everything is up to you. You don't have a recognizable brand, you don't have marketing support, you don't have national buying power and many other concerns that wearing every hat in your own business demands.

If considering a franchise, do a tremendous amount of research, and make sure you have deep pockets to keep up with their demands. Most importantly, read your franchise agreement very carefully. Don't let the excitement and emotion of owning your own business cloud the business decision you must make. Your future will ride on the right decision.

You may want to try a food delivery service business.
It allows you to use the business name and business plan minus the high franchise fees and royalties.

Dine-In Delivery | Restaurant Delivery Service



Kind regards,
Joe
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Old 15-04-2010, 12:57 AM
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Originally Posted by Joe McVoy View Post
You may want to try a food delivery service business.
It allows you to use the business name and business plan minus the high franchise fees and royalties.

Dine-In Delivery | Restaurant Delivery Service

Kind regards,
Joe
Food delivery at work and at home is a growing field. Sometimes, though, there's just nothing like going out, and a franchise shares that branding recognition with the company, priceless, really.


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