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Franchise!?
Can I own more than one type of franchise at a time?
For example, after getting my bachelors in business… can i open a dippin dots at 22 in vegas, then when i’m 23 open a Auntie Anne’s shop? then when i’m 24 open a restaurant? and manage them all at the same time?
Thanks for your help!
Also, if there’s already an Auntie Anne’s shop in the fashion show mall in Vegas, can i buy the franchise from the current owner even if their contract isn’t over yet?
Also, anyone know about how much profit or revenue each of these small shops make? estimates?
Tags: bachelors in business, franchiseTopics: Business & Franchises | 4 Comments »
March 14th, 2010 at 2:29 pm
I have seen places that have several franchises under one roof. We have here places that are KFC, Pizza Hut and Taco Bell all under one roof. I recommend for a franchise Handel’s ice cream. It is rated one of the top ten ice creams in the world and whenever I get to Ohio I find one. They have franchises now and there are always lines. Bill Cosby has them ship him their maple walnut once a month. I am crazy about the chocolate lovers chunky chocolate. Here’s the link. It’s much better than the other ice cream franchises. If you open up one in Las Vegas, I will visit it. If you get the ice cream you will know what I mean about the quality of the product. http://www.handelsicecream.com/franchise/index.html
July 14th, 2010 at 9:23 am
If you new to being self-employed, then you would be well advised to focus all of your time and energy on one franchise initially. Spread yourself too thinly and you may end up with 3 failures instead of 1 success. Once you have established a profitable business you can then think about delegating some of the managerial work to free up your time to open a new business!
August 30th, 2010 at 10:19 pm
Franchises can be a great money making model, but I’d rather be on the “franchise creation” end , than the francisee.
September 28th, 2010 at 9:02 pm
If you want to commit to all that, you can definitely do it, but I wouldn’t recommend it. You’ll never have any free time. You’ll go insane!