Gaebler Ventures Gaebler Ventures is a business incubator and holding company providing venture capital investment and shared services to early-stage companies. We've invested in some great portfolio companies. Some of the best resources for entrepreneurs -- all based on our real world experiences! Our guiding investment philosophy is to provide exceptional returns for our investors. Check out the latest news from Gaebler Ventures. Learn more about Gaeber Ventures! Get in touch. We'd love to talk with you!   
 
 
Gaebler Ventures is a business incubator, holding company, and private equity firm. We help entrepreneurs transform ideas and innovations into greatness.

Articles for Entrepreneurs

 

Franchising Information

 

Multi-Unit Franchising

Multi-unit franchising is viewed by many as the true path to riches for franchisees. Why open a single franchise when you can open more than one?

For some entrepreneurs, owning a single franchise just isn't enough.
(article continues below)

They love their franchise, but they also realize they are capable of doing more.

That's where multi-unit franchising comes into the picture, and for the right person it can be a hassle-free way to build a small business empire.

Obviously the single most attractive benefit of multi-unit franchising is profitability. Each additional location increases your ability to make a profit and puts more money in your pocket. But profit isn't the only benefit worth considering. There are several other advantages of opening multiple franchise locations that make it an appealing option for franchise investors.

Familiarity

The nice thing about opening additional units of the same franchise is that you are already familiar with its operational processes and procedures. By adding another location, you are simply doing what you do now, somewhere else. This factor alone gives multi-unit franchising a leg up on traditional multi-site businesses because the franchisor has done the heavy lifting by creating a system that ensures a common operating standard among locations. All that's left for you to do is to implement the system and reap the reward.

Proximity

For years, multi-unit franchisees have understood that by opening several locations of the same franchise within a close geographic proximity they can leverage the power of regional marketing strategies. Instead of doing a marketing campaign for one store, you can do it for three - at little or no additional cost. Combined with exclusive territorial rights, you can use multiple sites to create a mini-monopoly within the franchise and control the promotions that are available in your region.

Efficiency

Another significant benefit of multi-site franchising is efficiency of scale, especially when the sites are located close to each other. Just think about the kinds of discounts you could realize by ordering supplies not on a store-by-store basis, but on a regional basis. You could also save money by assigning staff to cover more than one location. For example, if your bookkeeper currently does one location at 20 hours a week, there is a good chance they could do the books for two locations at 30 hours a week. The net savings to the bottom line would be 10 hours a week - a nice boost to the bottom line.

Staffing

Multi-site franchises offer a unique opportunity to shift staff back and forth between stores. This can be particularly useful during training periods and other occasions when it is helpful to intersperse new employees with seasoned veterans. Multi-site franchises also provide advancement opportunities for employees who are interested in pursuing a career track with your company. Rather than lose a skilled manager to a better position somewhere else, multi-sites give you the ability to put them in charge of a store within your business.

Related Articles

Want to learn more about this topic? If so, you will enjoy these articles:

Opportunities In International Franchising
Pet Franchises


Comment Board

We greatly appreciate any advice you can provide on this topic. Please contribute your insights on this topic so others can benefit.

Be the first to comment on this article.



Write a comment  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.

 

 

Additional Resources for Entrepreneurs

Starting a Business - Business Ideas - Naming and Branding - City Guides

Buying a Business - Writing a Business Plan - Raising Money - Incorporate

Small Business Marketing - Advertising Advice - Public Relations -

Customer Service Tips - Entrepreneurial Selling - Workplace Safety

Startup Leadership - Strategy - Intellectual Property and Entrepreneurs

Articles on Exporting - Human Resources for Entrepreneurs - Workers Comp

Legal Information for Entrepreneurs - Sarbanes-Oxley - Accounting - SBDC

Business Credit Cards - Nonprofit Entrepreneurs - Mission Statements

Tax Tips and Resources for Entrepreneurs - Operating Your Startup Business

Real Estate Decisions for Entrepreneurs - Franchising - Selling a Business

Starting a Home Business - Small Business Technology - Business Travel

Business Finance - Advice for Retailers - Entrepreneurship for Scientists

Administrative Professionals / Office Managers - Family Business Advice

Good Businesses to Start - Start an Energy Business - Start a Hedge Fund

Payroll Service Information - Productivity Tips - Bad Economy Advice

Small Business Websites - Search Engine Optimization - Online Reputation

Search Engine Marketing - Social Marketing Optimization - Business Forms

Business in the Jungle - Business in Fiction - Negotiating - Radio Ad Costs

Newspaper Advertising Rates - City-Specific Resources for Entrepreneurs

Small Business Insurance - Global Entrepreneurship - China & Entrepreneurs

Entrepreneur Features - Employee to Entrepreneur - Small Business Ethics

Acquisition Speculation - Good Business Books - SBA Franchise Loans

Small Business Loans - Studying Entrepreneurship - How Kids Make Money

Social Entrepreneurship - Mergers and Acquisitions -

Veteran Entrepreneurs - Useful Web Sites for Entrepreneurs - Dell Deals

Buy.com Deals - Female Entrepreneurship - Small Business Experts

Entrepreneurial Resources by State - Resources for Young Entrepreneurs

African American Entrepreneurs - Resources for Hispanic Entrepreneurs

Resources for Asian Entrepreneurs - Resources for Women Entrepreneurs

Resources for Gay Entrepreneurs - Businesses for Sale - Office Supplies

Economics - Lists of Small Business Incubators - Lists of Angel Investors

Lists of Venture Capital and Private Equity Firms - Franchise Opportunities

Recommended Products and Services for Entrepreneurs - Contributors

Get FREE Price Quotes from Multiple Vendors - Business Glossary