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Why a Franchise Investment is Better Than Starting a Business From Scratch

Best In Class Education Blog

Starting your own business is a great way to earn a living, set your own hours, and become your own boss. However, many aspiring entrepreneurs wonder starting their own unique business is worth it or if it would be better to buy in a franchise investment. There are pros and cons to each, but the advantages associated with franchises, particularly cheap franchises that allow you to invest little upfront, are worth taking into consideration.

Name Recognition

One of the clearest benefits you receive when buying a franchise is the immediate brand recognition. People will have already heard of the business, so you can spend less on advertising because consumers already have a good idea of what you have to offer.

Support System

Starting your own business means you are mostly on your own. However, investing in a franchise means you will receive training and support from the company. Professionals in the field will share their invaluable expertise and knowledge. This support means even people without a formal business degree can achieve great success.

Higher Success Rate

Buying into a successful brand means you will receive a formula that has proven to be profitable time and time again. With Best in Class Education Center, you will receive proper training on how to deal with your staff, how to market, and how to remain abreast with the product line.

Easier Time Acquiring Loans

Virtually all businesses will need a loan at some point. Banks and other lenders look at a number of factors, including the overall risk your business has. If you want to open a franchise, then your chances of getting approved for a loan increase substantially. The lender will have heard of the franchise and will know it can turn a profit. Loans from the Small Business Association are a great option, and whether you are just starting your business or have been around for several years, you can get a loan from the SBA.

Be Your Own Boss (To an Extent)

While it is true that someone who owns a franchise has to answer to higher powers and follow the formula, owning a franchise is still a great way to call the shots. You still get a say in the hiring processes and other components of business operations.

Less Business Experience Needed

While business experience certainly helps when looking for a good franchise to buy into, you do not necessarily need to have it. You will receive training, so the franchise you get into will provide you with all the resources you need to excel. There is no need to go back to school for a four-year degree when you can simply acquire a franchise.

As with any other business, there are always risks involved. No business model is bulletproof, but with a franchise investment, you can drastically decrease your risk while increasing your potential return on investment. You can increase your chances of success even more by joining the Best in Class Education Center team. Fill out our online contact form to ask questions and learn more.

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Meet Our Franchisees

Best in Class Education Center has developed a flexible system that allows you to create your own work schedule and caters to your personal needs in establishing a new business. Veronica Reyna, a multi-unit franchisee from Cypress, Texas, has some great advice on what it’s like to get started with our program and some tips for those of you that are thinking of starting a franchise with us.

 

-Veronica Reyna

Best in Class Education Center believes in providing you with all the tools you’ll need to succeed. In this video, Ira Giri, a multi-unit franchisee out of Katy, Texas, shares her Franchisee Training experience with you and how it prepared her to be a successful franchise owner.

 

-Ira Giri

Best in Class franchisees come from many different backgrounds and nationalities, but what they all have in common is a deep passion for helping their community and an immense drive to be successful entrepreneurs. In this video, four franchisees from different parts of the country will share with you why they chose Best in Class Education Center to be their ultimate franchising opportunity.

 

-A group of franchisees

Carole Said, a franchisee out of Houston, Texas, has a few words to share with you about her onboarding experience and why she chose Best in Class Education Center.

 

-Carole Said