Right now, you are considering either creating a franchise or becoming a franchisee in one. Hopefully this short read will inspire you to make the decision soon. There is no time like the present and you can do it. Have the confidence in yourself. By Dawn Abbamondi

From side hustle to full time, make the most of your franchise investment

Right now, you are considering either creating a franchise or becoming a franchisee in one. Hopefully this short read will inspire you to make the decision soon. There is no time like the present and you can do it. Have the confidence in yourself. 

Honestly, the only limit in this industry is you. 

The best part? You don’t have to go it alone.

Your confidence in your ability to make the most of your investment will depend on taking the first step – whether you are in business now and ready to franchise your brand or opening your own business. The magical and wonderful thing about franchising is the community that is built through the model. 

People coming together to create something that can get bigger, become more effective and efficient which in turn means more profitability and opportunity for all. 

Low-Investment Brands Always Build Community

The fact that a group of like-minded individuals come together to help others create opportunity, generational wealth and personal success is incredible. Plus, it doesn’t have to be a 7-figure investment to create a return that large. Of course, the scale is dependent on a huge number of factors. 

  • Investing not just initial funds – even if under $100,000 (The time needed to make the business perform to the potential is essential)
  • Being committed to upholding the brand standards, delivering products and services as they are designed and intended, to create customer loyalty
  • Giving everything – and more – to your own business that you would give to someone paying you a steady paycheck

Make the Right Investment for You

Lower initial investment franchise brands deserve the same due-diligence as any other investment because there is risk, but if done right, they can be more than a side-hustle and supplemental income. 

Typically, the lower cost to get started involved may mean initially operating from a home-based office and not having to build out a brick-and-mortar space. While there may be a vehicle, equipment and supplies needed, the lower end range allows people who either don’t want to invest more or simply can’t afford it can still become a business owner. How awesome is that?

Limited Cost but Many Options

Today, more than ever, remote and virtual business models are growing; as are service, fitness, personal care, entertainment and professional brands. There are so many options it won’t take long to find the brand that is right for you.

Emerging Franchisors 

This is your time to launch your new brand. The demand is there. You just have to decide if the time is right. 

Aspiring Franchisees 

“Now” is the right time to start up a new business – if you are ready to do something for yourself and your future. 

So Many Resources Are Available

In this magazine and in the franchising industry, you will find a wide variety of resources. From the articles and education available in this month’s issue – to suppliers and even other franchisors featured – the information you need is here. My team and I are committed and dedicated as we have been for decades – even before SMB was started in 2009. If you have questions, please reach out. You can get the answers you need to get started today. 

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