Owning a Business Today: Franchise vs Independent
A potential business owner looking to get started today must choose between franchise vs independent and which option could best serve their needs and help them grow. Picking a side on franchising vs independent business informs all future business moves, so it’s critical to get the facts first.
- How important is brand reputation?
- What kind of support does a franchise offer?
- How can a franchise’s vendor relationships aid owner development?
- Is it better to be a franchise or independent when it comes to experience?
1. Franchise vs Independent: How Important is Brand Reputation?
Building a growing business takes drive, determination, and energy. Above all, it requires a substantial and expanding customer base who know the brand, like the way it operates, and want to support it.
That comes down to reputation and brand identification, and it’s a reason to consider choosing a Hotshots franchise in the independent business vs franchise debate.
An Established Name and Voice in Your Business
Teaming with a franchise connects a new owner to a brand with an existing history of service and can give them the tools they need to build their new business. For example, the Hotshots Sports Bar and Grill Brand has established a reputation for great food and superior service — customers identify the franchise with quality, no matter the location.
A new Hotshots owner inherits customers’ esteem for the brand when they open a new franchise. It lets them operate knowing they’re part of a business customers respect and want to visit, making it a pivotal point in the franchise vs. independent argument.
2. What Kind of Support Does a Franchise Offer?
One of the most pressing concerns an owner has when considering the franchise vs independent question is how much backing they can expect. Owning a business can present owners with unexpected and surprising issues, and it’s critical to have reliable and comprehensive support to fall back on during these moments.
Solid backing lets owners know they’re never alone when dealing with an issue, and it can give them confidence to plan for the future.
Robust, Ongoing Assistance From Day One
Having a support team ready to lend a hand can make a world of difference to an owner and tip the balance regarding the franchise vs independent discussion. Hotshots Sports Bar and Grill understands that and has built ongoing support into the brand’s business model.
When an owner teams with Hotshots, they get assistance from the moment they make contact, and the support continues through the Grand Opening and every day after that. It’s part of the brand’s business as usual and gives owners the extra hand they need whenever they need it.
3. Franchise vs Independent: Let’s Talk Experience
Every day, a business owner has to handle countless issues, both significant and minor. Many of those issues require a deep understanding of the industry and a grasp of the fine points of operating a business within it.
The more knowledge and experience the owner has behind them to help them during these times, the better. Working with a franchise that has 30+ years of experience can deliver that.
Industry Knowledge Can Be Essential to Franchise Growth
A franchise owner gets the accumulated experience and knowledge of the brand they’re joining. That includes business plans, industry know-how, relationships, and other invaluable tools they can use to guide their location’s growth.
Partnering with a brand like Hotshots provides franchise owners with a bank of knowledge they can put to work to help them develop their business. They get a road map for growth from a team of professionals who know the landscape and can aid them on their journey.
4. Working with Vendors: Franchise vs Independents
Running a bar or restaurant business is a team effort. Every day, those businesses rely on a network of business partners, vendors, and other key players to get them the supplies and services they need at a reasonable cost.
Building relationships and learning which vendors to work with takes time. It can be a challenge for a new independent business owner who has to be concerned with day-to-day operations and many other issues.
Established Vendor Relationships and Network
Franchise ownership can help accelerate networking and connect owners with a brand’s thoroughly reviewed and approved vendors. This is a key advantage of opting for a franchise in the franchise vs independent equation, and it helps owners get started with confidence.
Hotshots owners know they’re getting the best available ingredients at the most reasonable cost. They enjoy working with trusted vendors who meet the brand’s strict standards for ethics, honesty, and quality at all times.
Connect with Hotshots to Get the Facts on Franchise vs Independent Business Ownership!
Hotshots Sports Bar and Grill wants our owners to grow, and we’ve developed a business model that centers our care on their needs.
When you team with us, you partner with an experienced franchise brand that makes your support our priority. We have the knowledge to help you build your business and a vendor network dedicated to quality and superior products.
Interested in learning more? Let’s start a conversation today!
