If you want to become your own boss or start a new career and are looking for an opportunity that provides greater work-life balance, than becoming a franchise owner is a great idea. In as little as two to three months, you have the potential to go from your present-day situation to BirthdayPak franchise owner! BirthdayPak markets are available across the nation. Find out how to start the process and become a franchise owner in six steps.
Step 1: Schedule and Have an Introductory Call
The very first step is just a few clicks away. Fill out the contact form or call 1-888-206-0083 to schedule a 15- to 20-minute introductory call. A senior member of the BirthdayPak team will contact you to learn more about your background and goals, and answer questions you have about franchise ownership – everything from next steps to onboarding and ongoing support. During the call, you will also learn about the BirthdayPak vision. After the call, a media kit with a BirthdayPak sample is sent.
Step 2: Attend a One-on-One Webinar
Next, we’ll schedule a one-on-one webinar, providing you with an in-depth overview of the BirthdayPak brand and the market of interest. Some of the topics covered include:
- Demographics and maps of market opportunities
- The number of zones
- The criteria that comprises the consumer data
- Business partners
- Franchise fees
- Email and digital experience
- Comprehensive training program
Step 3: Review Franchise Disclosure Document and Have an Introductory Call with the CEO of BirthdayPak
If you decide to move forward with purchasing a BirthdayPak franchise, you will then have the opportunity to review the Franchise Disclosure Document. It contains information about fees, protections, financials, legal and economic details about the BirthdayPak model to help you make an informed decision. An introductory call with BirthdayPak Chief Executive Officer Paul Berman is scheduled to address questions about the document and franchise ownership.
Step 4: Connect with Other Franchise Owners via Validation Calls
The next step is connecting directly with other franchise owners to understand their experiences. You will hear about what their typical day looks like, the benefits they have as franchise owners, and how they built out their market.
Step 5: Finalize Agreements, Training and Support
Once the agreements are finalized, a few days are spent at BirthdayPak headquarters in Springfield, Pennsylvania. Training is provided in the office and new franchise owners shadow local franchise owners. The support is second to none at BirthdayPak!
Step 6: Open Your BirthdayPak Market!
Finally, the BirthdayPak national director of training will come to your market, and work hand-in-hand with you to network and initiate sales. New franchise owners benefit from daily support, for as long as needed.
Are you ready to be your own boss and make your own schedule? What do you have to lose? There is no obligation and the first step is easy! Here is that number again: 1-888-206-0083.
At BirthdayPak, we may be a little biased, but we believe there’s never been a better time to own a franchise! The economy is strong, and the franchise sector even more so. With a number of trends to consider, we took stock of five that are particularly advantageous to BirthdayPak franchise owners.
Trend #1: Thriving Franchise Sector
Opportunities are expected to increase in the franchise arena in 2018. According to a survey by the International Franchise Association (IFA), the franchise sector is projected to grow by 1.9% to 759,000 franchise establishments. The franchise sector is also expected to outpace the U.S. gross domestic product growth with an increase of 6.1% ($451 billion). The sector has been growing at a steady rate, which may reassure those thinking about owning their own business.
Trend #2: Employment Growth
Franchise jobs are expected to outpace the economy and grow 3.7% (8.1 million jobs) after increasing 3.1% in 2017. The study in 2016 showed job growth every year since 2010, and continued job growth in 2017 and 2018 means more opportunities for qualified candidates. When good employees are in place, the ability to add franchises or expand the market is possible.
Trend #3: Multi-unit Franchises or Market Expansion
Many franchise owners are opting to provide strategic oversight and hire people to run the day-to-day franchise operations. This means owning more than one franchise location or expanding the geographical market, as can be done with BirthdayPak. In some cases, franchise owners are running franchises under multiple brands. This provides opportunity to diversify and increase income potential.
Trend #4: Experiences Over Products
Millennials are the most influential generation – they are the largest at 70 million and media-savvy. As consumers, millennials are less interested in spending their money on products and would rather indulge in experiences. In fact, they outspend more than any other generation when dining out and often view it as a value-driven experience. BirthdayPak appeals to millennials and older generations with gift cards to experience restaurants, day spas and other retailers.
Trend #5: Restaurants Among Top Franchises Projected to Grow in 2018
Experiences are a theme in the IFA survey with the top franchises expected to grow in 2018 in terms of business output. As restaurants are the majority of BirthdayPak business partners, it’s encouraging to see them at the top of this list. These categories are also in the top five for number of establishments and employment forecasted for 2018.
- Quick Service Restaurants (7.3%)
- Table/Full Service Restaurants (7.2%)
- Personal Services (7.0%)
- Lodging (6.2%)
- Business Services (5.6%)
If you’ve thought about franchise ownership, given these compelling trends, why not now? For more information on how you can succeed as a BirthdayPak franchise owner, register for an upcoming webinar or call 1-888-206-0083.
Over the last decade, the business and franchising industry has seen a trend of more women taking opportunities in ownership and this is expected to further increase over the next five years. Many women are breaking away from corporate jobs or stagnant careers in male-dominated industries. These women are becoming entrepreneurs, pursuing a line of work that they feel passionate about.
According to the State of Women-Owned Businesses, 2016, there are an estimated 11.3 million women-owned businesses in the United States, which employ almost 9 million people and generate over $1.6 trillion in revenue each year. Women owned companies now comprise 38% of U.S. businesses. Between 2007 and 2016, the number of women-owned businesses increased by 45%. This is in comparison to the increase of all U.S. businesses at 9%, proving one thing: women are a force to be reckoned with.
Many of these women-owned businesses are franchises; women own more than 25% of operating franchises in the world, according to the international Franchise Association (IFA). That number doesn’t include another 17% of the population where men and women operate franchises together as partners.
In a survey with Franchise Business Review, 6,400 women franchisees expressed satisfaction with their mode of business ownership. 90% of the survey’s respondents said that they enjoy operating their business, with 74% saying they would “do it again knowing what they know today” about the franchising process.
The state of women in franchising today is largely on rise, thanks to shifting demographics, growing female independence, and franchisors’ desire for a stronger female presence in their company. From skills to personality traits, there are many reasons why women are set up for success in the world of franchising, including organizational, multi-tasking, and communication skills where women thrive. This is no exception at BirthdayPak, where 58% of all franchise owners are independently owned by women or a part of a husband and wife team.
“Owning my own franchise has given me the ability to be both a business woman and a mom, while allowing me to grow as an individual. I am my own boss, have unlimited earning potential, and without sacrificing, it allows me the flexibility to be there when my family calls.” – Kathy Fox, Owner of BirthdayPak Franchise of Nashville
“As a woman franchise owner, I love the ability to take ownership and pride in my business, while loving what I do. Helping women in my communities celebrate their birthdays while helping local businesses grow is a fun and rewarding experience.” – Jennifer Bradley, Owner of BirthdayPak Franchise of Dallas/Ft. Worth
If you know a woman with a sales background and entrepreneurial spirit who is looking for a new business opportunity, she could be the next BirthdayPak franchisee! BirthdayPak has markets available throughout the United States. To learn more about this exciting business, click here.
Do you often take charge, enjoy challenges and strive for success in all things? Do you consider yourself a self-starter, problem solver and rise to the occasion first? If this describes you, you are likely a natural born leader. Perhaps you’re also the entrepreneurial type who likes being his/her own boss. So, it’s no surprise that natural leaders also make great franchise owners! Here are five characteristics of leaders that lend themselves to standout franchise owners.
Respect & Integrity – A true leader is someone who is honest, knowledgeable, open to suggestions/feedback and caring toward clients, employees and colleagues/partners. They listen, communicate openly and respond in a way that elicits trust, loyalty and appreciation. Leaders “walk the talk” and others naturally want to follow.
Visionary – Leaders have a distinct vision of where they and the company are headed and can articulate it well. An understanding of the big picture is key, along with how they contribute to helping the organization thrive. They are always looking ahead and willing to change as needed to be profitable and grow.
Positive Outlook – Leaders with a positive outlook empower others around them and draw people to them. People want to do business with others who are positive, and employees work harder. Positive leaders always seem to have a solution, are reassuring and inspiring. They compliment employees and tell them how they have contributed to the company’s success.
Motivating and Engaging – Motivating others is the mark of a good leader. Motivation is shown through example, not issuing mandates. Motivation means being enthusiastic, providing guidance, encouraging others and making them feel valued. This approach creates engaged employees who are committed to the organization’s goals and values, and willing to give 110% every day. Engaged employees translate to greater productivity and profits. According to a 2016 Gallup poll, teams with high engagement rates are 21% more productive. High engagement leads to other positive outcomes as well such as lower absenteeism and fewer quality defects.
Cultivate a Strong Team – Leaders understand that they are only as good as their team. They understand their strengths and weaknesses to determine gaps and put together the right team that complements or expands his/her skill set. They choose employees with the right personalities who communicate well and show mutual respect. As a franchise owner, this characteristic is particularly important when partnering with other individuals or eventually hiring employees to manage an aspect of the franchise or part of the territory.
Are you seeking an opportunity to apply your strong leadership and pursue your entrepreneurial dreams? If so, then a BirthdayPak franchise may be a good fit. Learn more about BirthdayPak and the tools and support given to successfully build your business and team. Click here to register for an upcoming webinar.