He explains: ‘I have wanted to own my own business for many years, so franchising seemed a safe way to do so, and then to pick the franchise that I thought would suit me and my background…
3. Why is franchising considered a ‘safe way’ to own a business?
Hard work has paid off for Tony, whose enhancements to a store purchased from a previous franchise owner have seen it perform financially beyond expectations, with figures rising month-on-month from last year. From this strong position, he intends to expand, and has discussed taking on an additional one or two stores with the franchisor.
4. What opportunity for expansion does a franchisee have if their outlet does well?
5. Find out which countries around the world have Esquires Coffee franchises.
