Start & Grow Your Franchise Business Profitably

Starting a franchise business for the first time can be challenging. Many new entrepreneurs do not know crucial information that can help them pick the right franchise. This knowledge can save them from costly mistakes and the risk of closing down, which is unfortunately very common in this industry. In this one-to-one session, I will share insights from my over ten years of experience owning and operating Subway Restaurants in New Delhi. I can help you by answering key questions based on real-world experiences. You can ask about things like:

- Should you leave your job to start a franchise business?

- How do you choose the right franchise?

- What hidden set-up costs should you expect when starting a franchise?

- What operational costs might the franchisor not disclose that could kill your business?

- How can you estimate profitability before starting, accounting for all overheads and not missing any?

- How do you choose a potential location for your franchise?

- How do you estimate expected sales based on the chosen location?

- What obligations and support should you expect from the franchisor to ensure your business is profitable?

- What restrictions might the franchise impose on how you operate your business—will it truly be your business, or will the franchisor employ you to promote their brand?

- What unexpected events could turn your dream business into a potential failure, and how can you avoid them?

When I opened my restaurant after leaving a high-paying job with a multinational company, many first-time entrepreneurs also started their restaurants along with me. I met them at our Franchisee Training. However, many had to close their business within the first two years. In contrast, I successfully operated my restaurant for a decade before selling it to a master franchisee. I learned some valuable secrets that contributed to my long-term success, and I will share these insights with you so that you can avoid costly mistakes and grow your franchise business profitably.