You have the choice from the very onset if you want to start your own ice cream shop or whether you are wondering of how to become a franchisee in the ice cream business. Owning your own shop makes you flexible in terms of the capital outlay and choice of location. But it you really want to immerse yourself into the franchise business a number of factors must be considered.
The main reason being that the capital outlay required may sometimes be too prohibitive for some new entrepreneurs. This is because a franchise capital amount may sometimes be too significant and it requires a lot of planning to actually meet this basic requirement. However, what should be mostly considered is the fact that the franchising company will offer you the necessary support in order to ensure that you start and run your business successfully. They will help you in the designing of your store, providing you with the right ice cream ingredients that you will use, offer you enough supplies for your operations and help you to train your employees to meet the set standards..
It is also imperative that you conduct a thorough research in relation to the ice cream business you want to put up. Know the area in question and the competition in that particular area to enable you be in a position to design your own store or cart. Also learn about important statistics about the ice cream business in your area from relevant authorities and know your target market. The next thing that you will want to do is to visit the health department in your location and learn more about the requirements that are in place for your type of business. You might want to know the costs associated with permits and also for ventilation, garbage, plumbing and lighting requirements among others.
If you also want to know how to become a franchisee in the ice cream business you should also take into consideration the types of products you will sell to supplement or compliment your kind of business. These include products like bottled drinks, waffle cones and toppings, cookies and any other. This will go hand in hand with the cost of equipment required for the job like walk in freezers, soft serve machines, storage shelves, prep tables, pasteurizers, soda machines etc. You should also be able to choose an ideal location for your business where your target market is to be found whether it is on parks or waterfronts or even downtown. You may also want to look at Devon Delight for additional information.
A business plan should be in place which includes the target market research, your design ideas, potential location, advertising techniques and source of finance. Most franchise givers actually don’t offer financing and require that you pay your franchise fee upfront. You should also have your own working capital to purchase initial stock and other expenses which should be met by the franchisee. You can pick on your own area depending on the offers in that particular area. You can also own more than one territory especially if you are in a partnership. But the most important feature in a franchise is that you must always uphold the franchiser’s operational standards.