If you want to run your own business in the US but don’t have the time, energy, or money to start one from scratch, then consider buying a franchise in the US. Because starting your own business from the ground up is a fantastic way to be your boss and make some money. However, it can be challenging!
Drive Your Business with Franchising
Franchising is a form of business where the franchisor (a person or company) provides assistance and ongoing authorization to the franchisee against a fee. Basically, franchising is a strategized to augment a business and allocate merchandise through a licensed collaboration.
Franchising is the best form of business for an entrepreneur to start with, as it requires less capital and less work and provides you with a tested process and product. But not all franchises are created equal. This partnership gives the franchisee an opportunity to take advantage of an established brand name while enjoying the perks of running their own operation.
Have you ever counted the benefits of owning a franchise?
America’s most popular form of small business i.e. franchising offers numerous advantages over independent businesses. One of the primary advantages is that franchises are based on an established turnkey system, where most elements of the business are already set up and ready to go.
Factually, you can profit from the franchiser’s recognizable brand while effectively executing your business operations. Besides, franchisors usually support their franchise owners and assist them.
To be precise, owning a franchise gives you the best of both worlds: business ownership and support.
Presenting the Top 5 Best Franchise Businesses to Buy in the US.
Window Medics
Window Medics is a US-based premium window glass repairing brand, executing its business operation in over 100 locations in the US. The company was incepted in 2004 by an 18 years old guy, Michael Joasil; currently, which has grown up into a family of more than 200 technicians and employees. With cutting-edge technology, in the nick of time, Window Medics has earned the eminence of being the most reliable service for window glass restoration.
Moreover, Window Medics offers franchising in the US. The brand is known to prioritize its franchise business owners strictly. Also, the franchise owners will be supported by a dedicated regional manager of the company with years of industry and brand experience. They aid the franchise owners by resourcing them with everything from marketing material, marketing strategies, supply chain, operational support, and inventory management to branding and best practices.
When you collaborate with the Window Medics franchise, you will be acknowledged for a thorough consultancy and initial guidance. Moreover, the companyoffers training programs to educate new franchisees to get started and help existing franchisees learn new skills. Besides, it will also assist the franchise owner with obtaining financing if they need it (though they may require that the owner use their preferred lenders). Window Medics has helped a number of franchisees in making a fruitful fortunefrom the business.To know details about Window Medics franchise business call 888-329-7116 or email at info@windowmedics.com
McDonald’s
McDonald’s is among the world’s largest fast-foodeatery chains having more than 30,000 outlets across the globe. It comes in at number one because of its consistent growth and stability. McDonald’s imposes a royalty fee of 4% and an advertising fee of 4% on its franchisees. The initial investment ranges from $1 million to $2.2 million.
Subway
Another food franchise that made it to the top of the list is Subway. Again, it’s mainly because of their dedication to quality and health. They are known for their delicious and healthy sandwiches prepared right in front of you.
This franchise has a global presence, and they are known as the world’s largest chain of sub sandwich. They operate at over 44,000 locations globally and continue to expand as one of the best franchise opportunities globally in the US.
Subway is a very popular choice among entrepreneurs because of its low start-up cost (averaging between $116,000 to $263,000), low royalty fee (4.5%), and minimal experience required for potential franchisees.
Dunkin Brands
Dunkin’ Brands is an international company that operates in more than 40 countries, with over 11,000 locations in the US alone. It is one of the fastest-growing franchises, with an average of five new restaurants opening per day.
Dunkin’ Brands was founded in 1950 and is one of the world’s largest coffee and bakery products chains. You can join the franchise with a total investment of $89,200 to $1,637,700. It provides doughnuts, coffee, and baked goods.
Taco Bell
Taco Bell is a recognized Mexican fast-food chain that was founded in 1962. Yum Brands also owns KFC and Pizza Hut restaurants. It is one of the fastest-growing franchises in America, with over 6500 restaurants worldwide. It’s well known for its tacos, burritos, and nachos. You can join this franchise by investing between $525,300 to $2,588,700, depending on the type of restaurant you want to open.
Conclusion
Franchisers provide a licensed privilege to the franchisee and typically offer some training, marketing, and support. In return, the franchisee pays an initial fee and ongoing royalties.
If you are considering purchasing a franchise in the US, the respective blog is your ultimate guide on what you need to know about this arrangement so you can decide if it’s right for you.