Retail Franchises
Own Your Own Retail Store
Many people dream of owning their own store. You’ll have the opportunity to be involved in every aspect of your business as the owner of a retail franchise. Retail is an excellent avenue for those who wish to build and run a business in a tried-and-true category.
As a retail franchise owner, you’ll be able to observe your franchise operating on a daily basis. This hands-on franchise type allows you to take charge of inventory, operations, customer interactions, and community involvement.
Retail is the perfect industry for those who enjoy working with people. You’ll work with suppliers, store managers, store employees, and customers, so there’s plenty of opportunity for interaction when you run a retail franchise. You can choose the retail franchise that fits your needs and is just right for the community in which you plan to do business.
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Benefits of owning a retail franchise include:
Brand Recognition
Work With People & Products or Services
A Long History of Success
Featured Brands
FranNet Verified Brand
FranNet Verified Brand
FranNet Verified Brand
FranNet Verified Brand
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Buying a Franchise in 7 Steps
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Understand Franchising
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Determine Your Style
Once you understand your options and find that franchising is a good match, you may want to think about the business model that will best meet your ownership goals. You’ll want to research or speak with someone to gain insight into which franchise opportunities may be the best fit for your experience, goals, skillset, lifestyle, and more.
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Explore Franchise Options
After determining any must-haves for your business ownership lifestyle, you’ll want to research local franchise options that can best meet all your goals to enhance your success. It may be advantageous to work with a local consultant with insider knowledge who can match you with many options and potentially make an introduction at your franchise of choice!
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Speak With Franchise Companies
To know if a franchise will fit your lifestyle, it’s best to go straight to the source. You’ll may want to work with someone who can facilitate introductions at companies and coach you on the due diligence process, providing guidance on questions to ask, Franchise Disclosure Documents, and how to rank the franchise opportunities for yourself.
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Speak With Local Franchise Owners
Once you learn more about each franchise company that you’re interested in, you will be able to speak with active franchisees in their respective organizations. This will allow you to validate the business, support, and success of each while getting up close and personal with owners to see how their model will match your needs.
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Discovery Day
Prior to making a formal commitment to an opportunity, you will attend a Discovery Day, usually on-site at the corporate headquarters of the franchise you’re interested in. This is a great opportunity for you to meet the top management team, see their operational facility, and learn more about the day-to-day life of owning a business under their brand.
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Decision Time
After you return from Discovery Day, you’ll be ready to decide if that franchise is the right fit for you. If it is, you may also want to research and access any necessary referrals for franchise attorneys, accountants, and funding partners to help complete your franchise due diligence. From there, it is your choice to sign the final franchise agreement and become a franchisee.
Learn More About Retail Franchises
Talk With a Franchise Expert Today!
Success Stories
Hear From Others, Like You
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