Small Business Resources for Franchise Start-ups
People turn to franchising as a business for many varied reasons. Some individuals embrace it because they have a special interest in a particular field but appreciate the comfort level, consistency and security associated with working with a tried-and-true business network. Other people gravitate towards a particular brand, and there are some folks that pursue franchising purely as a financial investment.
Working with an established leader in educational child care like Kiddie Academy provides instant name recognition as well as access to best-in-class resources, comprehensive training and ongoing support to help ensure success. Beth Holmes, owner of Kiddie Academy of Glendora, California, remembers: “I chose Kiddie Academy because I liked their beliefs, what they stand for, their brand, and the support they give you as a franchisee, which you’re then able to pass along to your families and children.”
Whatever your motivation, be sure to do plenty of research before diving in.
Here are some valuable resources to get started and to help determine if a franchise business is the right move for you:
SCORE is a nonprofit association supported by the U.S. Small Business Administration (SBA) and dedicated to helping small businesses get off the ground, grow and achieve their goals through education and mentorship. The organization offers a free, downloadable guide for buying a franchise.
The website franchiseopportunities.com provides a free, on-line Net Worth Calculator that can help you better determine what you may be able to afford when looking to buy a franchise or make another investment
Franchising.com is the leading news outlet for franchise-related content. Use it to stay apprised of industry trends, business strategies, breaking news, and get valuable perspective from top franchising world executives.
If you’re looking to invest in a growing industry, achieve ideal work-life balance and also impact your community in a positive way, our Development Specialists can help you explore franchising with Kiddie Academy.