One of my favorite franchises of all time is Domino's Pizza.
They always please me and have never ruined their reputation of being the best.
They are so appealing because of how successful they have been. Everywhere
anybody lives, they most likely have access to a Domino's store nearby. With
over six thousand stores in, America, Canada, Europe, and Africa, they are not
a hard franchise to find. They are also a very liked all around the world and are very popular in India as well. They are attractive to franchise owners because of
how popular they have become. To start a Domino's franchise, the total
investment can range from $119,950-$461,700. The fee for this franchise is
$3,300 with a 5.5% royalty fee. It can be fairly pricy to start a Domino's
franchise, but if someone is able to supply the total investment amount, they
will be greatly rewarded. For most people, however, this is too steep of a
price. Domino's, unfortunately, does not off very much in terms of financial
aid for new owners. They offer a third party, but not much else. I feel as
though this negatively impacts them because they lose out on any potential
successful owners who cannot raise the appropriate funds necessary to start. If
they offered at least some sort of aid to potential owners, they might see
great benefits in their future. Domino’s does however, offer training and support
to their franchise owners. They offer newsletters, meetings, Internet, security
procedures, field operations, and evaluations as support to their owners. Domino’s
is a very friendly franchise that does not get involved with all of the drama
found on the news today. So many well-known franchises are getting caught performing
acts that are not exactly socially acceptable. Domino’s keeps a clean track
record which is always good for attracting new buyers. Nobody wants to own a
franchise that constantly receives bad reviews. That is not good business.
Luckily, Domino’s is not one of those franchises and keeps a clean name
everywhere. Domino’s is one of my favorite franchises. They are also a great
investment to those interested in owning their own franchise. So if you are interested,
it is definitely worth a try.
No comments:
Post a Comment