Franchising has its advantages.
Working with Cuppys Coffee means we can support and guide you, which will give you a great advantage. Nobody will hand you keys and expect you to magically understand the aspects of running a business. A good franchisor will offer support and ongoing training.
Another advantage Cuppys Coffee franchise is we can negotiate lower prices and be able to offer you better buying power for the services and products you need to run your business successfully.
Although getting into a successful franchise is a smart business decision, there are still some things that you should consider.
As with any business, it is still a risk. Starting your own business is always a risk, though more franchisees can succeed over opening your own business from ground level.
Many people who want their own business often look into franchising. Most people want to get out of the tough job market, but the franchise world is not utopia. Many franchisees expect that as soon as they open the doors, customers will come, and the whole operation will run itself. To be successful, you will may have to work hard to get a good customer base.
You must be willing to put energy and time, and be very motivated to make your business investment pay off. If you follow Cuppys Coffee Franchise system, you will find it easier to become successful.
As a franchisee you will have numerous advantages which can include lower risk due to a tried and tested formula. You can have a higher chance for success when buying a franchise business. Franchising often is a proven business formula that has been tested and shown to work well in other locations. With Cuppys Coffee, you will get the support and training toward establishing the business, including the training to be successful.
If you are buying a name brand that is recognized is a big advantage versus starting a business from scratch. New independent can have a failure rate as high as 90%. This can cause a business owner heavy losses and sometimes bankruptcy.
If you are considering starting a business from scratch, you can spend huge amounts of money, and you may not have the particular skills needed to make a go of the business. When you buy a franchisee, remember that Cuppys Coffee has done all the necessary work. You will receive training and support, which is essential to a new franchisee. Many people do not have the business knowledge or experience.
Being a part of a national marketing support team such as Cuppys Coffee would not be easy for small independent businesses to afford. Once you open your businesses, you may have customers waiting in line. You may be able to grow and expand with an established foundations.
Being part of a franchise will offer you years of experience that would take the average business person to acquire.
There are also many part time franchising opportunities. These are perfect if you do not want to invest a large amount of money, but wish to maintain your investment and support your new business.
If you buy a franchise there are lower start-up costs since Cuppys Coffee has already established the business system.
When you buy a name and brand, you have a big advantage over starting a business on your own. Customers are more willing to frequent a business that is very recognizable.