Effective Tips for Every First-Time Franchise Owner
While there’s no denying that starting a new business can be one of the most exciting times in your life, it can also be one of the most confusing. Even though the franchise package comes equipped with training, technology, and a support system, franchise owners play a major role in the success of their business.
Franchise Tips for First-Time Owners
1. Follow the business model. The beauty of franchising is that you’ll never have to start from square one. With “ruff-ly” 20 years experience in the pet care industry, everything from the services we offer to the technology we use has been proven to benefit your Camp.
2. Get to know other franchise owners. One of the best things any new business owner can be is receptive to the help they’re offered. Even if this isn’t your first venture in the business world, we encourage all of our franchise owners to get to know one another and ask for help or advice whenever necessary. Not only will this lower your risk, but it can also save you time and money.
3. Be hands-on. Typically, franchise owners are responsible for “big picture” operations like hiring employees, handling paperwork, reviewing payroll and expenses, and ordering inventory. However, it’s so important that owners are hands-on during their first year of operation. By working on-site and alongside employees, you’ll quickly learn where you’re most successful and where tweaks need to be made. Once your location is more established, then you can consider opening a second location or working remotely more often.
4. Choose your location carefully. Especially for a business like Camp Bow Wow, location is so important. If you’re thinking of opening a Camp, we typically suggest a location between 5,000 and 8,000 sq. feet. We also suggest having an outdoor area for dogs to play.
Whether you’re considering setting up Camp in a shopping center or a stand-alone site, it’s important to consider foot traffic, accessibility, and the demographics of that area.
Are you looking to be a part of a low-risk, high-growth industry with high rates of repeat customers and a business model that ramps up quickly? If so, we think it’s time you joined the Pack!
To receive your complimentary executive summary and learn more about franchise opportunities, fill out the form below or call us at (870) 600-2713. We’re looking forward to having you join the Camp Bow Wow family!