Something for everyone
It’s such a cliché, but in franchising – there really is something
for everyone. Alison Ledger tells us what’s on offer
S
OON YOU could be
rock climbing with
teenagers, pursuing
your passion for photography
or managing a cluster of
major fast food restaurants
as a franchisee. The franchise
industry is vast and continues
to grow, even in the downturn.
Here’s a taster of what
franchising has to offer you:
W
High-level investment
One in three Domino’s
y focus
franchisees are a millionaire, Franchisee Mike Racz, 27,
so for those with a large says: “I began my career at
amount of capital to spend Domino’s by working in one
Industr
this could be the option for of their stores. Within a year, I
you. The investment level is had bought my own franchise
£260,000 although, as banks and, three years later, I own
are likely to lend a large five stores in the north-east.
proportion of this amount, “I really enjoy the flexibility
you’ll need to have around and freedom of owning my
£100,000 in the bank. own business and, while I have
As a franchisee, you’ll get the support of an international
involved in everything from brand, I have control over how
finance and marketing to I run my stores. It’s rewarding
quality control and even pizza- to have built up a great team
making! of people who I know I can Couples in franchising
rely on – and who share my Working with a partner is
passion for pizza too!” often a recipe for success – in
Investment level: £260,000 of fact, more than one in four
which £100,000 must be liquid franchises are operated by
capital a couple, and this fi gure is
Web:
www.dominos.uk.com/ probably much higher as even
franchising when there’s one name on the
10
P10-12 - Industry Focus 09.indd 1 24/07/2009 10:25
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