Low Cost Franchise Opportunities
In 2015 many people will look to change their career and start a business of their own. Entrepreneurs all over the United States are looking for ways to get a business up and running without taking out a $500,000 business loan. Even though banks are lending at the highest rate in the last 22 years it is still the case that most financially savvy individuals do not want to be paying on a loan for the first 20 to 30 years of their business. Finding a low cost franchise opportunities will alleviate many of the concerns when it comes to paying off a business loan. This resource will highlight some of the locations in which Splash and Dash is growing in terms of pet store franchises.
Financing a Franchise in 2015
Picking the Right Franchise Location
Texas Low Cost Franchise Opportunities
Financing a Franchise in 2015
During the “Great Recession” banks were not lending money to many small business owners because of the fear of default. Bear Sterns, Lehman Brothers and Merrill Lynch were a black eye to the financial markets. In fact, some banks went belly up because they ran out of cash flow. Even though the financial crisis was six years ago there are still some banks that are very strict with their lending practices. They may require a credit score over 740 or 750 to take out a small business loan over $200,000. If this is a concern for you, you may want to consider a low cost franchise opportunities.
At Splash and Dash we have franchise opportunities as low as $58,000. You can see much more at our Pet Store Franchise comparison chart. Financing is one of the first aspects of the franchising process that must be considered. When working with Splash and Dash we will be more than happy to help you better understand the initial investment and where the money will be going during the first few years of your business.
Picking the Right Location
Most business owners have heard it over and over – location, location, location. Heck, it is even important on the Internet as most businesses that get customers from search will want the best location on Google, Yahoo!, Bing or AOL. When choosing a location for your Splash and Dash Pet Store Franchise there are many things to consider. We understand that location is extremely important so we will be more than happy to assist with some suggestions. Throughout the entirety of this resource there will be tips on the different counties and cities in the United States. If you have a particular are you are looking at do not hesitate to contact us at 760-861-1071.
When it comes to location remember that demographics plays an important role with any business. No one wants to attempt to sell umbrellas in the desert. Doing a quick analysis of your area will be of great assistance moving forward with your business. A long term business model needs a strong foundation and the location is the start of that foundation.
Pet Store Franchise Opportunities in Texas
Texas continues to be a very strong market for the pet industry. With a large number of homeowners also owning large plots of land it stands to reason that many will have pets. Dogs are a very common pet in Texas for a number of reasons. These dogs love to get out and about which causes them to get dirty. Owners with extra income do not mind taking them to a pet groomerie and boutique. In this section of the reasons we will offer information on some of the different counties and areas that are available for a pet store franchise investment.
Austin, Texas Franchise – Austin, Texas is known for the University of Texas and Dell Computers. Austin is one of the most advanced cities in the United States as it was one of the first cities chosen by Google to have Google Fiber. As of September 2014 there are only three cities with Google Fiber – Austin, Provo, Utah and Kansas City. With Austin being a younger cities, average age around 31, there are a large number of residents that have pets. This sets up very well for a pet store franchise.
Collins County, Texas Franchise – Collins County is to the northeast of the Dallas-Forth Worth area. This county offers tremendously potential as the average median income is in excess of $80,000. With discretionary income to spend there is a large part of the population that will be willing to spend that cash on their pets. Starting a low cost franchise in Collins County would be a very wise choice in 2015 and 2016.
Denton County, Texas Franchise – Denton County is one of the fastest growing counties in the entire United States. With over 10% population growth in the last several years now is the time to start an inexpensive franchise in this part of Texas. Denton County is to the west of Collins County and to the north of Dallas-Forth Worth. When looking for more information on starting and owning a pet store franchise in Denton County, Texas please feel free to reach out to us at 760-861-1071.
Tarrant County, Texas Low Cost Franchise Opportunities – While Tarrant County is not the fastest growing county in Texas it is still near the Dallas-Forth Worth area which is a hot market for a new franchise. With the pet industry growing in this part of the state it might be a strong consideration to look at the retail franchise opportunities available in the area. Note that Splash and Dash for Dogs has several options available that could start as low as $55,000. Contact us for more information when it comes to the initial investment and financing of a pet store franchise.
