Memphis is the largest city in Tennessee and is the home of perhaps the busiest cargo airports in the world. It is renowned for its manufacturing units such as textiles, automobiles and truck parts. It has a few fortune 500 companies as well as numerous businesses from all parts of the world.
People are aware of the importance of eating healthy and nutritious food as compared to eating greasy junk foods that satisfy the taste buds but do nothing significant perhaps other than making a person prone to obesity. Therefore, smoothie outlets have recorded a tremendous response on account of the tasty yet nutritious value of the smoothies.
How to Start a Smoothie Factory Franchise Business:
It can be very profitable indeed to start a smoothie factory franchise business as their concept itself is attractive to customers, using real fruits and nutritional products to make healthy, nutritious and extremely tasty quality smoothies. There are no prior qualifications necessary in order to obtain a smoothie factory franchise.
A start-up cost of around $130,000 to $160,000 plus a franchise fee and 4% of the monthly sales and 2% for marketing is charged. It is essential to get the finances ready perhaps by applying for a loan with a good loan proposal. Smoothie factory corporate has a well established relationship with a few reputed national lenders who may loan you the finances required.
You have to decide which kind of store you want to open-- express, traditional, or deluxe. It will be ideal to locate the outlets in busy commercial areas like shopping malls, or in college areas where there is a high density of population. They have to be in high-traffic areas with a high level of exposure.
The franchiser prefers to locate the stores in states that require no formal registration process or in the states where it is already a registered entity. They help in selecting sites for the outlet, establishing relationships with suppliers, and aid in the store layout and design.
Training, inventory management, operations, research and development, marketing, business and technical support is provided by the smoothie factory. Training of one week is provided in the smoothie factory, and another week of training is provided in your outlet after you begin operations.
Be sure to use a carefully drafted business plan as well as have marketing and advertising strategies ready to announce the launch of your outlet. Be sure to use the plan as an assessment tool to analyze performance and devise strategies to achieve your target goals. Manage all aspects of the business carefully, being orderly and keeping records diligently. You could benefit by using the services as well as products offered by certain companies to assist new entrepreneurs.
