When you have an amazing business model that works, loyal customers that keep coming back for more and amazing products, you could potentially have a huge opportunity: to build a global franchise business.
That’s a huge undertaking and one that not many have managed to achieve successfully.
So what does it take?
How do you build a successful global franchise business?
One business that has seen great success with the franchise model is the Dickeys franchise. They currently have over 550 different locations in 47 states in the US and looking to expand not only in more US locations, but other countries in the world.
How did they achieve that? How did a Dickeys barbecue pit franchise begin taking over the world and what can be learned from their strategy?
To begin with, it all starts with a great product that appeals to a wide audience – after all, who doesn’t love a good barbecue?
But it’s not just the product or the brand; a successful franchise also needs a good system in place in order to work. To help with this, the Dickeys barbecue pit franchise requires low start-up costs, as well as offers numerous financing options to assist third-party sources such as helping to cover the franchise fee and start-up costs, help with equipment and inventory, plus they offer an incentive for veterans as well.
But it’s not just money that’s important; it’s also worth investing in other kinds of support to help ensure new franchise openings work well. For example, Dickeys offers extensive training at the Barbecue University to ensure high quality and authentic food as well as a great quality of service. What’s more, they also have construction and real estate departments on hold to assist franchise owners with what they need to pick and build a great new franchise location.