FRANCHISE YOUR BUSINESS IN:
Miami is Florida's most popular and dynamic city - a destination that offers a little bit of something for everyone.
Your local business is doing well, the revenue is pouring in, and before you know it, you’re thinking, “I’d like to franchise my business.”
Of course, several questions come next, not the least of which is figuring out where you’re going to franchise your business and sell a new location. For that, our experts at Accurate Franchising, Inc. have a suggestion: Miami.
Florida’s most popular and dynamic city, Miami is a destination that offers a little bit of something for everyone, which means your brand can easily connect with its local target audience.
Great Business Opportunities in a Bustling City
Miami is home to an international airport and one of the world’s busiest cruise ports, two indications that the city is always full of people — and why wouldn’t it be? Miami has something to offer everyone.
The city features a little bit of everything: art festivals, food bazaars, boat shows, auto racing, and a variety of professional sports teams (Major League Baseball’s Miami Marlins, the National Basketball Association’s Miami Heat, the National Football League’s Miami Dolphins, and the National Hockey League’s Florida Panthers). It also is famous for the trendy nightlife in South Beach, distinctive eye candy in the Art Deco district, plush hotels along Miami Beach, and historic hideaways at Coral Gables.
These attractions liven the atmosphere and keep people coming back to — or, in some cases, staying in — Miami for good. In fact, Miami currently is the 44th-most populous city in the United States with a population of over 400,000 people. And if that’s not enough, the city also ranks as one of the most popular tourist destinations in the world: Miami saw record tourism numbers in 2013, and then again shattered those records with 16 million visitors in 2016 alone.
Bustling Economy with a Diverse Range of Sectors
When you conduct research on how to franchise, you’ll discover that you have a higher chance of success in a location that caters to the industry your brand belongs to. And when you research starting a franchise in Miami, you’ll note its diversified economy.
Miami is home to over 170 multinational companies; some of the top economic sectors are tourism, manufacturing, real estate, and construction. Given its solid economy, your franchise is well-poised to thrive in the city.
Now that you have enough reasons to expand in Miami, your next move is to lay down the groundwork. We understand that the thought of franchising may be intimidating to some business owners, especially if you are new to the industry, so we take it upon ourselves to stay with you every step of the way.
Simple Yet Effective Approach to Successful Franchising
We take a three-step approach to make sure your franchise has the greatest likelihood of success.
First, we determine if your business is a good fit for franchising and come up with a franchise business plan for you.
Next, we dive into franchise development and make sure you have all the required documentation to legally become a franchise.
Finally, we map out a franchise sales and support plan to stabilize the business venture.
And if you’re still concerned about understanding the franchising space, know that our franchise development company is also a franchisor in multiple industries. We are knowledgeable about how to start a franchise because we actually are franchise owners ourselves, allowing us to better understand the inner workings of the industry and the information you’ll need to succeed.