Have you ever asked yourself, “What product can I invent?” “How can I create a profitable business?” or even “How can I become my own boss?”
If so, you’re not alone. These are very common questions hopeful entrepreneurs ask themselves. But did you know that franchising is business ownership and allows you to lead your career towards a profitable business?
Here are three reasons why buying a franchise is the best path to entrepreneurship.
1. Ongoing support. One of the main reasons buying a franchise is the ideal route to entrepreneurship is the support you receive along the way. At Huntington Learning Center, we never leave your side. As a partner in your business, we offer guidance, training, and all the tools you need to succeed. On the flip side, if you start a business from the ground up, there is inevitable trial and error, unpredictable expenses, and often failure. But when you choose franchising, all of these stressful things vanish with our expert support.
2. High revenue with less risk. When choosing a franchise to buy, it is essential to consider how much your potential profit might be. Huntington Learning Center gives you all the resources to make high revenue at lower risks than other franchises and at much lower risk than starting a business from scratch. In fact, Huntington is the #1 revenue-producing franchise in the tutoring industry. In 2020, revenue was 36% higher than our nearest competitor. Additionally, Huntington is one of the most affordable franchises in the tutoring industry to purchase. Both of these things should ease your mind when shopping for a franchise that will offer a steady, comfortable income.
3. High growth opportunity. In addition to growing your profit margins, another advantage to choosing franchise ownership as your pathway to entrepreneurship is the possibility of owning more than one location. Many of our franchisees are multi-unit owners, showing that their success paid off, and the demand in the market is high enough to support new locations. At Huntington, it might start with one franchise purchase and lead to additional growth opportunities, expanding into multiple locations. This scalability is often much harder for small business owners, taking longer, and often never successful.
If entrepreneurship has crossed your mind, opening a franchise might be the best opportunity. Reach out to us today to learn more about becoming a Huntington Learning Center owner today!