Entry in successful business network
Franchisee buys a business network that has already figured out how to succeed. You stand to benefit from this success in many ways. Your success is theirs too and in need of a solution to a particular problem, there will be many experienced people with franchisors who will gladly help.
Advantages of Being a Franchisee
A successful foundation to build on
If a brand is expanding, it is likely that they have many important things figured out: branding, target market, inventory management, employee management, business technology, budgeting, and countless others. Whereas if you start your own business, you will have to build all these systems while creating a quality product and a recognizable brand from scratch.
Becoming part of an immediately recognizable brand
This is one of the most significant benefits of owning a franchise. The goal of every business is to create a brand that people immediately recognize. When consumers know what to expect, they are more likely to do business with you.
The biggest positive attribute of a franchise business is venturing into already established business. Your risks of growth and profit related risks are lowered down to quite a good extent. It helps a lot especially if you do not have previous business experience
How do we help?
CBRG provides training needed to run business up to their standards, and most initiatives – marketing campaigns, updated practices, new products and services – come from us. In this manner, you will learn most of what you need to know and most of the crucial business decision will be made by us on your behalf.
Marketing Support
CBRG provides marketing support and access to marketing materials while you are trying to get a new business up to speed. The pooling of resources also helps keep costs reasonable
Economies of scale
Our franchise system offers purchasing efficiencies through economies of scale. All the needed products will be offered by the franchisor or trusted suppliers at discount.
High rate of success
Buying a franchise doesn’t guarantee success, but makes it more likely a running start. According to surveys, 85% of independent businesses fail, compared with only 10% of new franchise locations.
Easier to find investors
Taking into account all that’s been said so far, it’s no surprise that investors are more likely to put money into a new franchise location of a reputed brand rather than investing in a brand new venture.