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4 Things Pet Franchises Need to Stop Doing

Sometimes less is more, even in business. Many owners of pet franchises find themselves implementing a slew of tactics and practices in an effort to boost sales and increase efficiency. However, they tend to overlook the practices they should stop doing to focus on new things they can do. Here are 4 things pet franchises should stop doing right now:

 

Stop Using Outdated Technology

Most people think of outdated technology as old office equipment, such as computers that still run Windows 98. While older equipment is an issue, if the tools pet franchises use are outdated, then they can be just as much a hindrance as an old, slow computer. It may be out of your budget to update everything in the location at once, make technology a priority. Even if you have to work on it slowly, it is still worth the investment. You may even find you can consolidate your technology as well. For instance, newer printers offer multiple functions so you do not need an additional scanner, fax machine, or copier. Most newer printers are even wireless and Bluetooth enabled as well as integrate with cloud storage.

 

Stop Competing With National Retailers

Many pet franchises think their main competition is big name companies, such as PetSmart or Petco. While some of your demographic may shop there, you are fighting a losing battle when you’re just starting out. The best thing you can do is focus on the small to medium sized companies within your area. They are the biggest competition and threat to your business. Watch what these companies do and then find a way to compete at this level. In all reality, you should focus your marketing on people within five miles of your location.

 

Settling for Sub-Par Social Media

There is no denying that social media is huge for pet franchises. However, this does not mean you can just throw anything up on your accounts and expect success. Some of the biggest mistakes include posting the same thing to all your social media platforms, posting too much at once, and/or being too sales oriented in your postings. Do not assume that just because you use these social media platforms for your personal account that it means you know how to post for business. Take the time to understand how business social media works so you can see a better return on investment for the time you are putting into this. If this seems like too much work, hire someone to handle this for you.

 

Wasting Time

Wasting time is not only bad for productivity, it is also bad for the bottom line in pet franchises. There are many ways that people waste time in business. Think about ways that you can be more efficient during your day. What can you cut out? Look for ways that you can improve on your existing operations to keep from wasting time.

Should I Buy a Coffee Shop?

Coffee shops seem like the perfect choice when looking at low-cost franchise opportunities. This is because you may have the thought of a quaint and trendy spot where people come to drink overpriced beverages and enjoy the ambiance you have created. Unfortunately this is not usually the way that things play out with these low-cost franchise opportunities.

 

The Over-Saturation of the Industry

coffee shop franchiseThere is no denying that coffee shops have flooded the market over the last 10 years. It seems that you can’t go more than a mile without seeing a Starbucks or other coffee shop. Even though there is a great need for coffee, in most areas there are so many coffee shops that you may find that it is difficult to get the business you need. Also, there is a big movement of people going away from chain coffee shops and instead of visiting locally owned stores. While this is excellent for the local communities, it is not good for franchise owners who want to make more money with their business.

 

Branding is Another Issue for This Industry

When considering coffee shops for your low-cost franchise opportunities, your first thought may be Starbucks because they are the best-known coffee shop. There are two problems with this. One, Starbucks franchises on a very limited basis, meaning that it is extremely difficult to get a franchise, even if you already own successful franchises. Two, even if you do get approved for a franchise, this is by no means going to be low cost.

 

It is also worth noting that it is very hard to find low-cost franchise opportunities with coffee shops. Even brands that are not as well known, such as Xpresso Delight, have initial costs that come out to several hundred thousand dollars.

 

The Conclusion on the Coffee Industry

Coffee shops are businesses that are not going out of business any time soon. Unfortunately for people looking for low-cost franchise opportunities, this simply is not a good option. If you have a dream of owning your own coffee shop, you are better starting your own or buying a small, local coffee shop than trying to find low-cost franchise opportunities within this sector simply because of the connotation of unique coffee shops. However, even startups will have their issues so make sure you know what you are doing and have the capital to keep you going while you establish the coffee shop.