National Small Business Week

Why Growing Your Business Through Franchising Works

This week, ambassadors from across the country will give dispatches for Entrepreneur from cities where Small Business Week events are being held. Today we feature experts tips from Kansas City.

So you’ve started a business. It’s changed your life and allowed you to take control of your professional destiny – you’re your own boss now, just one of the many perks of small business ownership. Thousands of successful, household-name franchises began just like your business – through an admirable work ethic, a dedication to success and a desire to share the concept with others.

When my family started City Wide Maintenance more than 50 years ago, we never dreamed that it would turn into a successful franchise with nearly 40 nationwide locations. There are dozens of reasons why franchising worked for us, and can work for you too – here are a few:

Of course, not every business owner is cut out to franchise his or her concept. Here are some questions to consider before making the leap:

Of course, franchising has its challenges as well. Assembling a team of like-minded individuals is of paramount importance, as is finding qualified franchisees. Look for individuals who love to execute a plan, are willing to follow a plan and work well as part of a team. Think of it this way: you, the franchisor, are the architect of a beautiful new building. The franchisee is the contractor who builds it. 

Franchising can help you expand quickly without spending an exorbitant amount of time, money and resources. Continue to research and see if franchising is right for you and your business.