Small Franchise Advantages
When looking into franchising, the options, as far as available franchisors, are almost overwhelming. Any business that you may have dreamed about going into exists, with multiple brands and business models already established and proving profitable. Having so many available options can make it difficult during the initial “narrowing down” process of selecting a franchisor. There are so many questions you have to ask yourself along the way, such as “Do I want to start big, or start small and work my way up?”
The Big Start
If you have a lot of capital and want to start big, there are certainly plenty of options available. Granted, the larger the franchise, the greater the investment and the greater the risk. This is why big franchise operations like major motel chains mainly appeal to those who have already established themselves within the industry. These franchises are very expensive, but can also provide the highest return on investment if handled properly.
Large franchises are intended to be able to reach the greatest amount of customers within a region starting from the moment the doors open for the first time. However, there is very little room for growth within the individual franchise. What you start with is generally what you continue on with, with only minimal modification. The potential for profit is certainly there in a big way, but the potential for growth is minimal.
Building Up
When you go into business as a motel franchisee, or a fast-food chain owner then you start big and, more or less, retain your size with only minimal growth in the franchise and in profits. On the other hand, if you enter into a franchising agreement with one of the many franchisors that offer small business plans with the potential for almost unrestricted growth, then you are only limited by your own initiative.
When you start small, obviously, you don’t see as much profit as the big guys. However, you’ve also invested less and you have more control of how your business grows. There are a number of small franchise, such as waste oil management operations, that can be run from home and whose growth is only limited by the ability and drive of the owner.
This degree of flexibility, freedom and unrestricted potential makes small franchise ownership very appealing. This small scale model of franchising is especially well suited to first time owners who don’t have a lot to invest and to those who want a hands-on owner operated business. The owner-operated franchises provide a level of control that bigger franchises cannot.
The Perfect Fit
Small franchises are almost all intended to have a broad potential for growth. By starting small you are often affording yourself the ability to expand far beyond the scope of what you would have been able to do by purchasing a larger, but more static, franchise. Over time a small business can become something that rivals big franchises for profitability while retaining the relatively small initial investment and risk. This makes small franchises not only promising for first time owners, but also the safer investment in many cases.
There are few things in life more satisfying than going into business for yourself. Of course, the financial benefits are what most of us focus on, but there are great personal benefits as well. Watching your business grow and flourish is a feeling like no other.
Of course there are some routine things that a potential business owner will want to look into, however, potential franchisees should take particular care to make sure that they are contacting other franchisees before they invest in a franchise. Making sure that you have the uniform offering circular with the details you need about the way the franchise is set up- the financial, legal and personal history is also important before you sign a franchise agreement.
Many people are considering Bio Diesel as an alternative fuel, and for good reason- biodiesel is typically cleaner burning, smells better and also better on the environment. While some savvy restaurant owners have come to the conclusion that it is better to recycle and reuse the oil- either by way of filtering better to eliminate loss through waste, or by giving their waste oil to local bio diesel users to convert- the problem remains the same. You cannot simply dump waste vegetable oil, so disposal is often a concern of restaurant owners.
The kitchen is the most important place in any restaurant. This is where food is prepped, delivered, made, and plated in a presentation that will be most appealing to the customers. Being able to maintain a neat, orderly and above all safe kitchen is paramount to any restaurant manager. Most restaurant kitchens are made up of several stations. From Prep, saute, pizza, salad and more, depending on the size of the restaurant there may be only a couple, or there may be many. When you’re thinking about your kitchen, consider the menu that you offer. If you have many salads on the menu, having an adequately stocked salad station is key, grilled food requires a larger grill to make sure that food gets prepped, prepared and delivered faster. Being able to maintain good space requirements, and understanding the space limits you have will help, also.
On the whole, if you asked the staff of ten restaurants what they hated the most about their line of work, the kitchen staffs from each of these restaurants would tell you- the commercial deep fryer is a dreaded machine, lurking there, waiting to be cleaned. From filtering the oil, to actually changing the oil and dealing with the vents- what a mess! Most staff do not relish the idea of waiting for the temperature to drop, dealing with the downtime, the potential burns, grease splatters and often slipper floors after. Training new employees to clean the fryer can be problematic- some employees are too young to even be allowed to touch it, let alone clean it. However, there are some things you can do to train employees to deal with the dreaded deep fryer in a better way.
The duties of a restaurant manager are varied and this career requires a great deal of multitasking and quick thinking. Depending on where you work, you will find that each and every restaurant manager has different duties in each food establishment worked in. In most, the restaurant manager is assisted in duties by sub managers, or assistant managers and crew leads. On occasion you will have larger restaurants who do have an executive chef that handles most of the kitchen management duties and takes care of the back of the line. However, for a general restaurant manager, there is a great deal of hard work and time put into the job that makes this a very broad range description.
Kitchen workers, especially fry cooks may have a greater risk for injuries like burns and carbon monoxide poisoning. Though commercial fryers are relatively easy to use, injuries can and often do occur in the routine course of using them and especially in maintenance. Consider that frying oil is generally kept at a temperature of about 350 degrees, anyone who works around them is at risk for injuries due to splashing oil. As to carbon monoxide poisoning, most commercial fryers come with a specialized vent for diverting the gas into a vent hood. However, when that vent hood is compromised or the exhaust is not properly maintained, the entire kitchen can very quickly fill with the gas.
Before the Show, Gordon had been looking to set up a business in Lincoln, but he saw that FiltaFry could give him the opportunity to return to his hometown of Newcastle upon Tyne. Luckily for him his wife, Joanne, and young kids Lydia and Harry, supported his decision – and he’s never looked back.
The Small Business Administration has just released its newest list of failure rates by franchise brand from October 1, 2000 until September 31, 2008. This is a list of general
Tom Rovison, the owner of franchise company Filtafry, hopes his company’s business of reducing waste in restaurants will get a boost from the order as the New Year comes around and the bulk of the order comes into effect.