How to Evaluate a Pet Franchise in Hillsborough County

/in /by

Finding the right pet franchise in Hillsborough County for you is no small task. There are many steps involved that can seem like a ton of work. However, taking the time to do this will give you better chances for success when you open the store. Here are a few things you do not want to forget about when you are searching for the right one.

 

Understand What You Are Looking for

To start with you will want to do a little inward reflection. Think about what you want to gain from owning a pet franchise in Hillsborough County. From there you should break these up into two lists: a want and a need list. By putting the aspects of the business into these categories you will be able to really look at a pet store franchise and see if it is a good fit for you. Once you have narrowed down your list, you are ready to look at the next steps.

 

 

The Initial Interview

The first interview you have with the pet franchise will likely take place on the phone, though there are times when this does happen in person. Basically this is a meet and greet setting. The sales rep will take the time to understand who you are, such as your background and what you are looking for and they will also help to give you a better understanding of the franchise. This is the time to ask any initial questions you have about the franchise to see if this is a good match for you. Once this is complete you may even get to take a visit to another franchise so you can see how the day to day operations work.

 

Qualifying

The next step is a little more involved. The franchisor will generally ask for very specific information about your finances, such as liquid assets and capital in order to understand if this is a business opportunity you can take on. Make sure you understand the information needed by the franchisor so you can move this along as quickly as possible.

 

 

Reviewing the FDD and Franchise Agreements

The FDD is one of the most important elements of buying a franchise because it lays out all the information you need to know. This includes the history of the franchise, any potentially concerning legal or financial issues the franchisor is going through, your responsibilities and much more. Make sure you not only understand what these documents have to say but that you are willing to work within these guidelines.

 

 

Choosing Your Pet Franchise in Hillsborough County

If you are still deciding between a couple different options, now is the time to make your decision. You will want to look at all the information you have received on these companies to find the one that is best suited for what you are looking for with your franchise. From there, all you need to do is finalize the sale and start working on setting up your store.

 

 

Tips for Buying a Pet Franchise in Butler County, Alabama

/in /by

Butler County, Alabama is the home of Greenville and Georgiana with the former being the county seat. Most people know of Butler County because Interstate 65 runs right through the middle of the county. When driving from Mobile to Montgomery you will drive right through the heart of Butler County. With over 20,000 residents Butler County might be the exact place to start your pet store franchise today. If you are looking to start a new career and be your own boss feel free to contact Splash and Dash for Dogs at 1-760-861-1071. We will be more than happy to discuss ways in which you can get your franchise started in early 2015 or sometime in 2016.

butler-county-alabama-pet-franchise

Tips with Financing a Franchise

When looking to make a pet store franchise purchase you must first analyze the financing options. There are many small banks and lending institutions that can help you take out a loan for $50,000 or $75,000. Remember that Splash and Dash offers one of the more affordable options when it comes to a franchise. You can get started for less than $60,000 today. We have provided resources to help you better understand the options that are available from Bank of America, Wells Fargo and Citibank.

The best predictor of an interest rate on a small business franchise loan is a credit score. It is also important to make certain your debt to income ratio is well below 40%. If a credit score is above 750 and a debt to income ratio is around 25% there should be no issues when it comes to qualifying for a franchise loan. If you have any questions or concerns as it relates to a franchise small business loan please feel free to reach out to us today.

Butler County Alabama

Butler County has seen a slight population decrease (-3.3%) over the last three years. Even though this is the case there are still over 20,000 individuals that reside in the county. The homeownership rate is around 71% which is slightly higher than the average for the entire state of Alabama. Those that own a home tend to be more likely to have a pet, especially a dog. Having a large amount of land around a home allows owners to let the dog(s) roam around as they desire. While roaming around there is a good chance they will get dirty; possibly even too dirty to come back in the home.

With large plots of land available to homeowners and pets it stands to reason that these dogs will need a bath several times a month. Rather than using the garden hose or trying to wash the dog in a pool or river it is better to take the pet to a professional that knows how to properly bath an animal. At Splash and Dash for Dogs we offer a monthly service that allows pet owners to pay one small fee to have their dog washed as much as they would like.

This type of franchise works very well in an area in which dogs tend to get dirty. If you want to become your own business and open a pet store franchise in the near future please contact us at 1-760-861-1071. We have a team that will be happy to explain the store concepts that will likely work in your specific region or town. We are also open to ideas and suggestions as our success is determined by your success.