what should i major in college if i am planning on owning some type of fast food franchise in a few years?

i want to open a fast food chain when i grow up. My parents said i must go to college first though. If i do go, i don’t even know what i should be majoring in, can someone help me? Do i even need a college education for this?

Business administration would be a good major. This would give you the background to run a business and have a better chance of success.

To open a franchise, you’ll need a lot of money. Many of the fast food websites give you estimates of how much money you’ll need and what your net worth has to be.


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What do i need to buy a franchise restaurant ?

Other than a loan what do i need, I’m a Senior at my high school and will be graduating soon. I work at at Jack in the Box and thats the type of restaurant i want to buy, but what do I need? Do i need a college degree if so what kind? buisness? Oh and my mom has worked for these restaurants for a long time shes a manager assistant so we have a little knowledge in this

Go to the Jack In The Box website http://www.jackinthebox.com/franchise/index.php?section=8 and they will tell you the minimum requirements.


In your opinion what is the best food/restaurant franchise in America right now?


mc.donalds


Is it hard to establish a food franchise?

Just like how the founders of McDonald’s, KFC, Subway made there idea’s successful. How would i do this? I want it to be a descent Restraunt chain like Franky and Benny’s, or Bennigans. Is it hard to establish your own food chain? I am not on about opening one individual family restraunt. I want it to go international and have locations around the world. Is it hard to do this? Could someone please tell me the best way of going about this? I am in year 10 and i am doing my GCSE’s.

If you BUY in to a franchise, it is simple… It just requires the payment of the franchise fee to the corporation.

To make a small business into a franchise, you have to work your a*s off.

MOST restaurants don’t last 2 years… Go wander around your town and look at how many of the places have changed ownership or names since you moved there…

Keeping a place open on its own long term is a hard thing to do… Let alone making that one location popular enough to justify expanding to a 2nd location is SUPER SUPER hard.

Plan on dedicating your existence to the pursuit of keeping your business open… Plan on spending 160 hours a week at the location… Doing Taxes… Payroll… Supplies… Cleaning… Inspections…

See it as getting married to a building… And she will demand that you spend ALL your time worshiping her and caring for her.


I want to open up either a subway restaurant or a coffee franchise. Is this a good idea?

I’ve been wanting to open up a small business but not sure which.
If I do decide on which one I’m planning on working at a similar place for 3 to 6 months since I don’t have any restaurant/ coffe shop experience.

I heard Subway can go out of business easily and it’s a very hard work physically.

Is this true?

I have a friend here in Dubai that owns about 10 subways on franchise basis. He says he has to open quite a few in order to make reasonable profit because the profit per restaurant is small. You also need to use subway’s furniture and decor materials, their fridges, cookers, displays, posters, etc. and this all comes at a higher price than the market but the agreement is you HAVE to buy from them only, so you have a higher setup cost than would otherwise be possible.

On the other hand, a coffee shop would be a much better idea since the costs are minimal and the profits much better.even franchises still make more sense than food joints because u can still sell snacks n cakes n brownies at a coffeeshop n make a killer on very low cost. This has actually been my plan once I move down to Toronto in 2 years from now.

Good luck with your investment!


What kind of characteristics would you use to describe franchise-type-restaurant servers and bartenders?

I’m not looking for the ideal, rather i’m wondering about the actual qualities servers and bartenders possess in those kind of places.
Thanks everyone

lackadaisical


What are the critical success factors in determining a location for a franchise quick service restaurant?

Specifically, it’s a fast food restaurant serving barbecue catering to class A, B and upper C income brackets. I’m wondering what factors I need to consider in choosing a location.

I have included a few websites below. Here are a couple key factors besides having enough money to start with, a strong business plan, etc. I would add location, parking, accessibility, people, and a great product properly priced for your market. I wish you the best. Good luck


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