It?s really not hard to determine which franchises are the most successful. You see them advertised on television and on billboards, hear them advertised on the air, and cannot drive by way of a shopping center anywhere in the united states without passing one or more of them.

Not only do you know who they are, you likely have been in many of them so many times you know exactly what they have to offer. These franchises, put simply, have succeeded wildly in branding their products. What are they?

Franchise restaurants, of course. Anybody borne after 1955 probably cannot remember a world where McDonald?s didn?t exist, plus they were only the beginning. In case you are one of the millions of people thinking about breaking away from the nine-to-five routine and starting your personal business, you can do much worse when compared to a franchise restaurant.

Why? Because given the decision of trying to set up a loyal customer base for a fresh, unfamiliar product of your choosing, and going with a restaurant franchise with food already familiar and which can keep the customers coming back, the odds are definitely on the side of the franchise restaurant.

The Pros and Cons

There are, needless to say, big risks in starting a restaurant of any kind. Only those people who have a genuine love for the business enterprise usually stay with it long enough to produce a profit; whilst having a franchise restaurant may ease a number of the concerns, there are several realities you should face before you start.

First, investing in a franchise restaurant can be very expensive; they can include actually buying the land on which you’ll build your operation. You may be able to get help together with your financing from the franchisor, and banks also realize that a restaurant franchise is one of the less risky small businesses, so may be willing to give you favorable terms.

On the positive side, you will have the benefit of selling only those foods which are proven moneymakers, so you can limit your inventory, which is ordered from the parent company?s preferred suppliers. You as well as your company?s other franchisees in the area can share the expenses of joint advertising. For more info see http://www.startfranchisehelp.com/Franchise_Broker/ on Franchise Broker.

On the downside, be ready for long hours at your franchise restaurant; as a franchisee you will have certain standards, both service and financial, to maintain, and you will be giving regular reports to your franchisor. Should you have personnel shortages, you and your family members will have to fill the gaps.

You can almost count on having personnel problems; low pay and unchallenging work will make it hard to keep employees for extended periods. Restaurant employee turnover is incredibly high. But if you as well as your family are willing to supply the elbow grease, your chances of succeeding with a well-established franchise restaurant are much better than they would be in any other business you could start.

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