When looking for the best options to start a business or franchise in 2015 there are certain criteria that many potential franchisees will look at. First and foremost, the cost of starting the business must be considered. While the overall economy has improved most people do not have $100,000 or $200,000 sitting around to throw into a franchise. Finding an inexpensive or cheap franchise that can provide significant income in the near future can be difficult. Fortunately, Splash and Dash for Dogs offers franchise options for under $60,000. If you are looking to open a pet store franchise today please contact us at 1-760-861-1071. We have a team that can put a package together that will help you better understand the best options for you in 2015.
How Much Does it Cost to Open a Franchise?
This is a question that gets asked hundreds of times every single day. There is no correct answer. Some franchises could cost as much as $2 million and others can cost as little as $50,000. At Splash and Dash for Dogs we want to make it affordable for entrepreneurial minds to begin the dream of owning their own business. If you do not have $60,000 to start your pet store concept please be aware that banks and financial institutions will likely help you with a small business loan. Check out our resources on Bank of America, Wells Fargo and Citibank. Also note that small community banks and credit unions will likely offer financing opportunities in your area.
When looking to establish yourself as a business owner it is imperative to get into an industry that is of interest. While the fitness and food service industries are very popular in terms of franchising some business owners get into these models without loving what they do. If you are a true pet lover and you enjoy time with your dog please contact Splash and Dash now. You will have the opportunity to work with lovable dogs as a career. Is there anything better than that?
Also of note is the cost of opening a fitness franchise. A fitness franchise often requires a very large facility. This is one of the main reasons the average startup cost for a fitness franchise is in excess of $100,000. In fact, it is difficult to find fitness franchise opportunities for under $250,000 in most major cities. Those looking for a premiere location in a well to do part of the city might end up paying $2 or $3 million to start a fitness franchise.
Fortunately, Splash and Dash for Dogs does not take up nearly the square footage of a fitness facility. This, along with several other factors, makes the cost much more inexpensive. Feel free to check out our Franchise Comparison chart to crunch the numbers of Preppy Pet Suites, NPM Franchising, Dogtopia, The Coffee Beanery, Papa Murphy’s and Subway. If you would like more information on the cost of other franchises do not hesitate to contact us.
When Can I Open a Franchise?
There are a few steps you must take before opening your very own pet store franchise. The initial steps include filling out the application and meeting with founder Dan J. Barton. You will also need to review the Franchise Disclosure Document. This is required by the Federal Trade Commission. Shortly thereafter, you will also receive a qualification package so we can decide if you are right for a Splash and Dash pet store franchise.
After all the paperwork has been completed, you have spent some time in a Splash and Dash brick and mortar store and we have a business relationship it will take between 90 and 180 days to get the pet store franchise open. While this may seem like a long time it is important to realize that it takes a lot of preparation to have a grand opening for a major business. This is not something that should be rushed. We want to make certain that everything is correct before opening the doors on your first day. The “Grand Opening” is a dream come true for many that have had the desire to be their own boss. This is not something we should rush.
How Can I Research Successful Franchise Strategies?
Most entrepreneurial minds will want to continue to educate themselves on ways to be successful. Coming up with low-cost franchise strategies to increase profits can be difficult for some. Fortunately, Splash and Dash for Dogs has several other franchisees that will be more than happy to share their success stories and some of the strategies they have used. With the Splash and Dash for Dogs being your business it will be up to you to come up with the truly creative ways to market your products and services. We will be more than happy to help you with some of the techniques that have worked in the past but we strongly encourage our franchisees to think outside the box when it comes to online and offline marketing.
Facebook, Twitter and social media have changed word of mouth marketing. That said, business owners know that “in real life” marketing is still extremely important. If you build a name for yourself in your community you are going to find more success in terms of getting new customers and return customers referring to you. There are often meetings and monthly meetups related to pets and dogs in most towns. Dog parks are aplenty throughout the United States. It never hurts to go and meet with pet owners in your area. This is one of the best marketing tactics that has worked through the history of time.
There are other methods to get the word out about your business. While most people do not think of flyers or email marketing this is something that still works; especially with the older demographic. When you walk into a retirement community the first thing you will notice is a bulletin board with a list of events and opportunities. Creating an event focused around your pet store franchise is never a bad idea; the important thing is to make certain you market it.
Getting to know the local newspaper and magazine writers is a very effective type of relationship marketing. These individuals have a very large reach and they are often more than willing to research stories related to local businesses. Building relationships with influential people in your town or city might be the best marketing strategy you use.