Restaurants often struggle in a staggering economy. Although some independent restaurants in Gainesville have closed, many franchises are flourishing.
Franchise owners and operators recognize that franchises help their owners succeed. When owners purchase a franchise, they do not have to take care of many details that an owner of an independent restaurant must handle. Franchises have a specific menu and ambiance. If a restaurant owner needs help, he can contact the franchise support number and get assistance. Additionally, owners can benefit from national advertising that independent restaurant owners may not be able to afford. Franchise owners may also be able to obtain substantial discounts on bulk supplies.
Furthermore, customers know what to expect when they go to a franchise. Whether customers are frequenting a franchise in their hometown or one in another area, the food, décor and pricing will be similar.
Popular franchises that are thriving in the Gainesville area include Domino’s Pizza, Burger King, Moe’s Southwest Grill and Subway. The profitability of many of these franchises has encouraged a number of owners to purchase multiple restaurants. Additionally, some independent restaurant owners in the area have successfully created their own franchise restaurants.
If you are seeking to open a restaurant or another business, a franchise may provide benefits that will assist you in becoming profitable. Nevertheless, your finances, the amount of support you need, your willingness to adhere to the rules of the franchise and other factors will influence your decision.
Whether you choose to own a franchise or an independent business, the Law Office of Knellinger & Associates can help you with the process of starting a business or purchasing a franchise. We can review franchise and partnership agreements. Our attorneys can also help you arrange financing and aid in negotiating with employees, vendors and other third parties who are essential to your business growth. Contact our office to learn more about our business services.