Franchise is a word heard more and more often these days. To take part in…
Just like opening any new business, the path to opening an international sign franchise is dotted with hurdles you’ll need to jump along the way. At Signarama, we try to make the experience of opening a new franchise as easy as possible for our franchisees. Here’s a quick look at a few common obstacles some of our franchisees encounter on their road to franchising, as well as solutions they’ve found helpful.
#1. Securing Financing
Franchising with Signarama requires an initial investment as well as as required net worth. Our franchisees need to be able to manage the initial investment and demonstrate that they have a certain amount of liquid capital. We understand that finances can be complicated, and many of our franchisees turn to financing to help them meet these requirements. Two common solutions include securing a small business loan and leveraging equity in homes. Ask us about our connections to third-party lenders that can help our franchisees to finance their locations!
#2. Finding the Right Location
Location is key when it comes to setting up your new Signarama international sign franchise. Fortunately, we’re able to help in this department. The demographic research we rely on will help us to point you towards just the right spot to open your new store. Our experts will work with you on everything from finding just the right location to lease negotiations. We’ll even help you to design the layout of your store’s setup!
#3. Finding a Strong Staff
One of the most important aspects of opening your new international sign franchise is finding a great staff who you can rely on to help you run your business. Fortunately, our years of experience in the sign-making industry have given us plenty of insight into how to recruit and train employees. With our expertise and assistance, you’ll find that training your new staff is easier than ever.
#4. Marketing Your New Business
In order to get the word out about your new Signarama international sign franchise, you need to market your business to your community. Over the years we’ve developed strong marketing strategies, and our experts can help you to develop targeted marketing strategies that will reach the businesses in your community who will most need your services.
As you can see, at Signarama we can help our franchisees to overcome some of the most common hurdles they’ll encounter on the road to opening their international sign franchise. Contact us today to learn more about the process of opening a Signarama franchise!