If you’re nervous about franchising, you’re wasting your energy! Franchising is a great way to start a tshirt business without all the hassle that typically comes with opening a new business from scratch. These are some of the reasons why franchising is a great option for entrepreneurs.
#1. Franchising is a simple arrangement
At its core, franchising isn’t complicated. You pay an initial fee and a small annual percentage to your franchisor in exchange for benefits such as support, marketing help, name recognition, and more. These resources not only help you to build your business with the support of the franchisor, they also help to prevent you from making mistakes, overlooking details, and developing inefficient policies. All of these deterrents cost business owners time and money to correct. Thus, franchising is a simple arrangement that saves you time and hassle in the long run.
#2. Franchising means being part of a team
When you open a tshirt business from scratch, you’re on your own. When you franchise, you have a whole team of people behind you, working to help you grow your business. Your success is their success, so they are invested in helping you. Furthermore, you have an entire network of other franchisees at your fingertips; people who have been in your shoes who you can turn to for guidance and inspiration. This team spirit is a significant reason that franchising is nothing to be afraid of!
#3. Valuable knowledge and skills
When you decide to open a promotional products business, there are a lot of things to learn. Take producing your products, for instance. Fully Promoted produces a range of products including embroidered apparel, digital marketing solutions, and printed marketing solutions. Learning to produce all of these products could take you years working on your own, but when you franchise with Fully Promoted we’ll teach you everything you need to design and produce any products your clients requires. This training alone will save you valuable time and money that would otherwise be wasted in trial and error.
These are just a few of the reasons why franchising is nothing to fear, and is actually a way to avoid much of the anxiety that comes with starting a new business from scratch. If you’d like to learn more about franchising with Fully Promoted, reach out to us today!