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View Full Version : To Franchise, or Not To Franchise


Steve
05-18-2006, 12:14 PM
An interesting look into franchinsing. How often have you had a great idea and thought it would make an even greater franchise?
Check out this article. See how Aaron created an idea to sell noodles. Then once he got his first store open he was looking forwards to world domination.
Getting one store to be successful is a huge undertaking but then trying to get 10's or 100's of stores under your name with different franchise owners is next to impossible.

Have you ever thought of starting a franchise or buying into one?

A restaurateur ponders taking the leap into franchising. (http://www.inc.com/magazine/20040201/casestudy.html) - From the outset, Noodles & Company "was less about an empire than the ability to serve these great bowls of noodles," says Kennedy, 40. He opened the first restaurant with $73,000 of his own money and another $200,000 from 24 friends and family members. Less than a year later, he launched a second location in Madison, Wis., where he had attended business school. But Kennedy soon learned that it's one thing to whip up a plate of penne in your own kitchen, and something else to serve it**at a profit**to hungry customers in two cities. Initial reviews were negative, criticizing both food and service, and the two restaurants soon began bleeding cash.