Ready to expand your company into new communities? Think about franchising instead of opening a new location or territory. Reinvest in your brand through the franchise model. Take steps to create your FDD, protect trademarks and achieve faster growth. By Dawn Abbamondi

Franchisors choosing to reinvest and expand a brand 

Ready to expand your company into new communities? Think about franchising instead of opening a new location or territory. Reinvest in your brand through the franchise model. Take steps to create your FDD, protect trademarks and achieve faster growth. 

Encourage franchise owners to join you with a lower investment under $100,000. It will be attractive to those who don’t have access to a lot of capital, but are still looking for the support franchisors provide to help a new business succeed. 

Many industries fit into the franchise framework and cost less to launch:

  • Pet care and grooming
  • Virtual assistants
  • Fitness and wellness 
  • Youth enrichment
  • Mobile home services, and more

Remember, starting a new business is easier with someone who has done it before and – as can your franchisees – you can request assistance from those who have done it before.

Your experience and passion, plus their time and effort will expand your brand faster than going on your own!

From side hustle to family legacy as a franchisee

Start planning your future and increase your income by owning your own franchised business. 

Your goal may be to supplement your salary and begin your business as a side hustle. If you seek to replace your income, then be ready to invest more time and get started building a legacy you can pass down to the next gen, or sell to a new owner. 

There are hundreds of options in a variety of industries that suit your schedule:  

  • Work from home – or mobile
  • 7 days a week – or only Monday to Friday
  • Part time on weekends – or only after-school hours

Plus, many franchise investment levels have lower overhead and expenses, allowing you to retain more earnings. 

Joining a franchise brand gets you up and running quickly, typically in two to three months.

Choose the brand right for you: model, investment, time and schedule. Remember, the sooner you start, the sooner you can reap the rewards of your hard work.  

Your entrepreneurial future awaits. Choose to invest and simply begin.

Dawn Abbamondi

Dawn Abbamondi, chief marketing officer at SMB Franchise Advisors, has over 20 years of extensive franchising experience in the coffee, food, convenience, gift and floral industries. Abbamondi leads the areas of marketing, social media, public relations, web development and lead generation. SMBFranchising.com, 215-370-7998, Dawn@SMBFranchising.com