Plenty of people have been there before; you’ve got a job you hate, and you sit in your car and dread having to walk in for another day of work. There isn’t enough money in the world to deal with the feeling of being anchored to a career you no longer love.
We have some good news for those of us who want more out of life than being miserable in a job just for the money! Franchise opportunities are making it easier than ever for people like us to stop working for others and instead create our own businesses where we’ll be able to make a living on our own terms.
Starting up quality pizza franchises in Texas with low costs that cater to busy professionals, students and families can provide financial freedom. The population of Texas is booming, and so are the opportunities for personal economic growth.
How to Quit Your Job and Start Your Own Business
We’ve established that you’re feeling unfulfilled as a cog in the corporate wheel, and you’re ready to be the boss of your own business. But hold your horses, cowboy (or cowgirl)! Before you say “I quit” and ride off into the sunset, you’ve got to make a plan. Here are some steps to help you go from an unhappy employee to an unstoppable entrepreneur.
1. Evaluate Your Current Job Satisfaction
Let’s get real for a second. Before you throw in the towel, take a moment to figure out what’s really bothering you in your current job. Is it the work, the people, or the overall company culture? Decide whether starting on a new path where the buck stops with you will fix the dissatisfaction you’re feeling. Finding the root of your discontent will help you avoid ending up in the same situation as the owner of your own business.
2. Research Your Opportunities
Once you’ve decided that it’s truly time to start your own business, you have to decide what type of products or services are in demand in your market. Choosing to open a franchise can be a great business opportunity that makes the process simpler because you don’t have to reinvent the wheel. With the right franchise partner, you can be your own boss and still have a backup team supporting you.
Don’t just jump in blindly! Do your homework and look for a franchise that fits your personality and skills, has a history of making profits, and offers extra guidance and training to help you succeed.
3. Reach out to Your Favorite Potential Franchises
Reach out to your top franchise contenders and get the inside scoop on how things work with each of them. This process is a lot like dating, but with way more money involved. Have conversations with the franchise representatives and get a sense of their style, the cash you’ll need to start, and the steps you’ll have to take to own each franchise. It’s better to be informed before you make a major decision.
4. Create a Business Plan
Once you’ve made a decision on the type of franchise you’d like to own, you’ll need to create a business plan. Even if the operations are mostly sorted out for you, you can’t wing it when it comes to starting a franchise business.
You’ll need a solid plan that covers everything from your potential customers to the money you’ll need to cover your start-up expenses, including employees, licensing, permits and even utility bills. A business plan is your roadmap to success, so don’t skip this step. It’ll keep you focused, help you make informed decisions and give potential lenders the information they need to support your endeavor. A good franchise partner should help make this process easy!
5. Find a Mentor
As a newcomer, don’t wander into the franchise jungle alone. Find yourself a mentor who knows the ropes and can guide you through the thicket of business ownership. Your franchise rep might even set you up with an experienced franchisee who can share their hard-earned wisdom. Take advantage of their experience and ask for tips on how to handle hairy situations and overcome obstacles. Don’t be shy about sharing your business plan with your franchise rep and new mentor so you can receive some invaluable feedback.
6. Secure Financing
Franchise ownership can be expensive, so it’s important to have a solid financial plan in place. Seek out financing options, such as small business loans or grants. Don’t forget to dive deep into the fine print and understand the fees and royalties that come with your franchise agreement. It’s better to be pennywise than pound-foolish.
7. Start Your Transition
Quitting your day job to start a franchise is a big deal. If you have a spouse, it may provide a safety net if they continue to work their 9-5 during this time. Be sure you have enough money saved to ensure your bills are paid as you begin the process and speak candidly with your rep about how long it will take for your business to be profitable. When moving into entrepreneurship, it’s extremely important to be prepared, especially when it comes to covering your living expenses.
Owning Pizza Franchises In Texas Has Its Benefits
If you know you’re ready to venture out of a corporate job and finally be your own boss, buying into a franchise is a great strategy. When you choose a franchise, you get to use a previously established brand, marketing plan and infrastructure. Plus, because it’s such a tried and true business model with proven success in other areas, you’re not playing Russian Roulette with your hard-earned savings.
The pizza industry is growing rapidly, and so is Texas! The worldwide pizza market is expected to grow by $51.38 billion by 2026. Plus, with widespread population growth and North Texas reaching the eight-million people mark, there has never been a better time than now to get into the pizza business.
Why Start a Simple Simon’s Pizza Franchise in Texas?
Simple Simon’s Pizza is a fast-casual, take-out restaurant that offers customers great pizza and our signature “Calizones™” (calzones) with fresh ingredients. In 1983, BJ and Becky Dumond opened their first Simple Simon’s Pizza in Sand Springs, Oklahoma. By 1989 they had opened 4 more and purchased the entire Simple Simon’s Pizza franchise system. Today, there are more than 200 locations throughout the United States, with rapid (and successful) growth in the areas around Dallas, Houston, and throughout Oklahoma, Arkansas, and Missouri.
Simple Simon’s Pizza is an excellent prospect for new entrepreneurs looking for a pizza franchise opportunity with low start-up costs but high growth potential. In some cases, as low as $400,000 is needed for startup costs plus royalties equal to 5% of sales and no built in advertising fees. When you weigh the options, it becomes clear that our franchise can be started with much less up-front capital than similar options in the food franchise industry.
With 5% royalties and a low initial franchise fee, you can get started in this growing industry with minimal risk and high returns. After all, who doesn’t love pizza? It’s an affordable food that everyone can enjoy–even if you’re on a budget. And what’s more, it’s a great way to build relationships with your customers and community; many people have fond memories of going out to a pizza restaurant with friends, family or their sports team after a big win.
Begin the Franchise Application Process Today!
If you’re in the market for franchise ownership and want to get started with one of the best, then take a look at Simple Simon’s Pizza. We specialize in creating an easy-to-operate business model for each franchise owner that will allow you to make money with your own pizzeria while enjoying life on your own terms.
If you’re interested in joining the Simple Simon’s Pizza family of business owners, reach out today to get more information on this great opportunity and start on your journey to being the big cheese of your own business.