what do i need to buy a bakery franchise?

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What Do I Need to Buy a Bakery Franchise?

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Page 1: What Do I Need to Buy a Bakery Franchise?

What Do I Need to Buy a Bakery Franchise?

Page 2: What Do I Need to Buy a Bakery Franchise?

Even though investing in a bakery franchise may be less of a risk than trying to start

your own bakery business, it requires just as much hard work. Franchises are not

money printing machines.

Page 3: What Do I Need to Buy a Bakery Franchise?

They are businesses that need to be run by skilled, smart, and experienced individuals who are willing to put in the time and effort that it takes to grow a business. So before you think about investing in a

bakery franchise, consider the following things that you will need:

Page 4: What Do I Need to Buy a Bakery Franchise?

Topics of Discussion:1. A System-Oriented Mindset2. A Good Judge of Character3. A Proactive Mentality4. A Willingness to Make the

Franchise a Priority5. Patience6. Experience

Page 5: What Do I Need to Buy a Bakery Franchise?

1. To be an effective franchisee, you need to be system-oriented. It’s going to be

difficult to establish your franchise if you try to “wing it.” You should be adept at

working within a system. Franchises typically have very structured systems in place to put their franchisees in the best position to thrive. If you have problems working within a system, you’re going to

find it difficult to run a franchise.

Page 6: What Do I Need to Buy a Bakery Franchise?

2. As the owner of a bakery franchise, you are going to be responsible for

hiring the right employees. Hiring the wrong people can tank any business that’s just starting out. The last thing

you want is a bad reputation because of poor customer service or poor-quality work. You need to be a good judge of

character so that you can pick your employees intelligently.

Page 7: What Do I Need to Buy a Bakery Franchise?

3. If you’re not one to be the first to arrive and the last to leave, running a franchise might not be for you. There’s a lot of work involved in the first few years of running a franchise. You can’t be a hands-off owner. Hands-off owners hire managers to run

everything for them. This is simply too risky—if you really want your franchise to do well, then

you’re going to have to be actively involved in the day-to-day operations, from the bottom up. When

it comes down to it, you need to be willing to work hard.

Page 9: What Do I Need to Buy a Bakery Franchise?

Disclaimer: This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for

information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of or want to locate a franchise in one of these states, we will not offer

you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements

in your state. Franchise offerings are made by Franchise Disclosure Document only.