Every fall we see the same routines. The slower, laid-back days of summer are over and everyone has had their vacations. By Dawn Abbamondi
Fall Back Into Franchising With Recurring Revenues
Kids, Pets, and Education Are in Season – This Year and Every Year
Fall for Franchising Your Business
Every fall we see the same routines. The slower, laid-back days of summer are over and everyone has had their vacations.
Back to school means a predictable schedule and that brings recurring revenues in businesses across many industries. This month’s issue brings a spotlight to kids, pets and education – which, in franchising have been smart choices for years. When new franchise brands emerge, new franchisees join on and help them grow into new markets.
You see the benefits of the season – maybe even firsthand. In your business, it is a time of growth.
When the kids return to classes, everything shifts. College kids go back to campus, leaving summer jobs, but daily routines like pet walking or doggie-day care are still needed. Younger, elementary aged children are starting up with new after school enrichment programs – from sports to drama and dance to cooking classes – everything is new again. Enrollment peaks.
Maybe right now you’re thinking it’s time to make your own shift into something new.
Whether you own a business in these categories or want to, franchise development doesn’t wait. For the business owner ready to expand, think about how much you can do on your own, from one to two or maybe even three – past that it gets complicated. This is why founders shift their focus from single unit expansion to franchising, and the opportunity to grow to 10 or more, but with a similar infrastructure and investment. Supporting independent owners who set their own goals and manage their own employees is a mindset shift you may be ready to make.
New concepts enter the market every year and you do not want to miss the perfect opportunity to launch your franchise this year. As a founder, this is a great time to learn what it takes to convert your already successful and growing business into a franchise brand.
New Franchisee on the Block
Franchisees who open a local business in these industries do so because they care about their community and helping new customers.
- Maybe your kids are growing up, and you want to have a flexible schedule.
- Maybe you see how the programs they joined changed their lives.
- Maybe you see a need as a pet parent for services that will make your life easier.
No matter what the reasons, the entrepreneur in you is seeing potential and this is the season for an educational reboot. Learn more. Talk to the teams and the other owners in these brands about their experience. Find the right fit for your lifestyle, schedule and investment threshold.
Many businesses in these industries can be opened quickly and are modeled on producing recurring revenues. You will be able to leverage the connections you already have in your area.
- Hire your team.
- Get the word out.
- Find your customers.
This fall, learn more about what it takes – embrace being the “new kid on the block” – and soak up all the knowledge. By next year, you’ll be on your way in franchising helping mentor others in your brand!
This season won’t wait. Take the time now to learn, make your decisions and get started.
It’s a whole new year and you’re ready for franchising.
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