Advantages of Franchising Versus Starting Your Own Business
For many, the American dream includes business ownership. But before you can realize your dream of owning your own business, it is important to consider the best way to go about doing so. Specifically, it is wise to consider whether you should start your own business from scratch or invest in an established franchise.
Let’s take a look at the major benefits of franchise ownership over starting your own business.
Lower Start-Up Costs - It can be expensive to start a new business, and sometimes it can be difficult to accurately estimate just how expensive. New business owners typically spend a significant amount of money to launch and market the new business, which can leave you low on money only a few months into your new venture. On the other hand, most franchises provide an outline of what costs are expected so you know exactly what you are getting into and have an idea of how much it will cost.
While some franchises require large inventory, high overhead, and big investment fees, Pet Wants offers a remarkably affordable way to own a potentially lucrative business in an explosive market. In 2020, the U.S. pet industry reached a historic high with total sales of $103.6 billion, compared to $48 billion in 2010. That is more than a 100% increase in revenue in just ten years.
Established Brand - Owning a franchise provides national brand power and turnkey marketing campaigns so you don’t have to spend your time building awareness and creating a marketing plan for your business. Pet Wants offers franchise owners a proven system, operational and marketing support along the way, and an engaged owner network to make the dream of business ownership a reality. As the nation’s leading dog food franchise, Pet Wants provides the opportunity to combine your passion for pets with business ownership.
Built-In Support - Investing in a franchise allows you, as a new entrepreneur, the opportunity to jumpstart your businesses by utilizing the franchisor’s infrastructure and roadmap to hit the ground running and scale quickly. Pet Wants offers an opportunity to tap into the growing demand for fresh, custom-made pet food and to build a hub for pet owners and their pet-loving friends to connect. Pet Wants is one of the fastest-growing pet food franchises in America, with more than 100 territories.
No Experience Necessary - Initial and ongoing training is provided when you become a franchise owner, so you just need leadership skills, a commitment to success, and a willingness to trust the guidance of the franchisor. While some business owners invest in franchises that reflect the type of work they did in their corporate jobs, others choose encore careers that appeal to their personal interests or desire to be a part of a trusted brand.
There seems to be no shortage of passion when it comes to our pets and caring for them is a rapidly growing industry. Recognized as a Franchise 500® by Entrepreneur Magazine, Pet Wants provides a business ownership opportunity for those who love pets and want to make a difference in their communities by educating them on healthy pet food.
Own Your Own Business - When you own a franchise, you drive your business to success because you own the business. You have the ability to execute your vision and reap the rewards using a proven business model that can be launched relatively quickly for a low investment. While providing the independence of being a small business owner, franchise ownership also comes with the support and infrastructure of a large corporation.
Ready to get started? With Pet Wants, you can be up and running your own franchise in just a few months. Our franchise director will walk you through our streamlined process towards ownership, answering all of your questions and helping you determine whether becoming a franchise owner aligns with your business ownership goals.