When you’re in the process of growing your business, one factor that begs thoughtful consideration is which locations you should consider as territories for franchise expansion. Your franchise locations can make or break your business, so it’s important to know your market and stake your claim. Fortunately, if you’re working with Accurate Franchising, Inc. franchise consulting company, you can rest assured that all your bases are covered!
Given our more than 35 years of experience as an international franchise consulting firm with offices worldwide, we represent franchisors in over 80+ countries. It’s safe to say that we get franchise real estate.
We offer a wide range of resources that can guide you through the franchising process of becoming a franchisor, including real estate services. We’ll help you find the right locations for your franchises, whether in your community, another state, or internationally, so you can achieve your growth goals.
Our Franchise Expansion Real Estate Services
As some of the many resources we offer, Accurate Franchising, Inc. provides a full spectrum of commercial real estate assistance services. We support the long-term success of our clients with industry insight and precise local market knowledge and execution.
Our franchise expansion real estate services include:
- Franchise Tenant Representation. Should a situation arise where you or your franchisees need representation, our team of professional franchise consultants can help by referring you to a qualified representative or by representing you ourselves.
- Franchise Site Development Selection. We’ll work together with you and your franchisees to find the ideal location for your business.
- Franchise Lease Negotiations. Our franchise consultants are experienced with lease negotiations and can save your franchisees money, give them added benefits of the property, and more.
- Franchise Construction Management. As part of our franchise construction management, we’ll assist you and your franchisees with finding the right contractors, suppliers, and more.
- Franchise Finance Consulting. Our expert franchise consultants can advise you on different financing options for your business.
- Franchise Market Research. We’ll provide the demographic research you need to make an informed decision about which markets to expand into.
Finding the Right Franchise Locations
The market experts and local franchise consultants at Accurate Franchising, Inc. understand the importance of location. After all, it’s not by accident that location, location, and location are the three most important aspects of franchise real estate.
As a franchisor, your brand needs to be able to thrive in a variety of markets with different owners and customers. When considering different markets, there are some features that make certain cities stand out as top franchise locations.
These cities tend to have large populations, paving the way for a larger customer base. Choosing a location in a highly populated area with lots of traffic can garner your brand many impressions.
Good franchise markets are also home to steady growth. Choosing a city with a steady population and economic growth will set your franchisee up for the long term.
In the same vein, you’ll want to look for a city with a diverse population and economy. You’ll give your franchisees a greater chance of success if they aren’t stuck in an area where one industry dominates the entire business landscape.
Another consideration is determining whether the competition is balanced. You’ll want to find a city that isn’t saturated with businesses just like yours, but on the other hand, you’ll also want to avoid areas that don’t have any companies that do what you do.
Some areas that are prime for expanding into franchising include:
Franchise Opportunities in Georgia
If you’re looking to offer franchise opportunities in GA, you’re in luck. Georgia is an attractive option for entrepreneurs, as the state provides many advantages for franchisees. Its business-friendly environment, economic stability, diverse population, and wide variety of business support services make it an ideal location for launching a franchise.
Franchise Opportunities in Texas
Another great city to consider for franchise opportunities is Dallas. This modern and vibrant city has a large population, making it an ideal market for many businesses. The favorable business climate in Dallas makes it easier for potential franchise owners to get started and succeed. Additionally, the cost of living and doing business in Dallas is lower than in many other major metropolitan areas. This makes it attractive to potential franchise owners who want to run a business without breaking the bank.
Franchise Opportunities in New Jersey
With its proximity to New York and Pennsylvania, there are many benefits to exploring franchise opportunities in New Jersey. New Jersey boasts a large, diverse customer base and a vibrant economy, with the state offering a variety of attractive incentives, tax benefits, and dedicated business support organizations for entrepreneurs looking to set up shop and become business owners.
If you need assistance determining the right territories for your franchise locations, choose Accurate Franchising, Inc. Our leading franchise consulting company has more than 150 professionals nationwide ready to help your business expand.
Contact us today to learn more about which locations you should consider for expanding into franchising and how the different development services offered by Accurate Franchising, Inc. can help!