The franchise business model is a popular one, and today, even more so. The pandemic has provided a chance for many to reevaluate their careers, and many first-time entrepreneurs are researching franchise opportunities that allow them to start a tire shop. We think that’s a great idea, especially when you join the Big O brand!
There are over 750,000 franchise businesses in the United States, and millions of people eat at them, shop at them, and seek out services from them every day. (1) People open franchises because the model comes with many benefits not available when starting a business from scratch. But sometimes, common misconceptions about the franchise model can keep people who are well-suited and qualified from taking advantage of it. Don’t be one of them! Keep reading to find out how Big O Tires busts them.
Starting a tire shop, or any business carries with it a certain amount of risk. But franchises address that risk by having already invested a lot of time and effort into the brand. Kinks have been worked out, best practices have been put in place, and the business model acts as a sort of roadmap for franchisees to follow, taking a lot of the guesswork out of day-to-day operations.
Of course, no brand can guarantee a franchisee’s ultimate success. But having access to our expertise and resources takes a lot of the work and worry out of starting your Big O franchise, freeing you up to focus on what matters most — customer service and bottom-line growth.
The franchise model has numerous built-in benefits, making it easier to do business. For this reason, many entrepreneurs might gravitate to it to open a tire shop because they think they can just set it and forget it — that is to say, make their investment and then become absentee owners, leaving day-to-day operations to staff.
While some brands’ business models do allow for executive-level oversight, the truth is a franchise is like any other business; it will require hands-on involvement by the franchisee, at least at the beginning — and that makes sense. As the owner of a Big O franchise, you’ll have a vested interest in its success, so it behooves you to stay engaged and involved in the growth of your business.
Having said that, once your franchise has been established, and you’ve got some time and experience under your belt, you just might find that you’re able to strike a better work/life balance, one that leaves you more time for family, friends, and fun.
This runs counter to another common franchise myth — that you’ll be married to your work. While it’s true that you’ll have to commit time and energy to run your franchise, you’ll have the help of our industry experts in many areas, including marketing, research and development, technology, and more.
Additionally, you’ll be relying on our time-tested business model that takes a lot of the guesswork out of things for more efficiency and productivity.
A lot of people think that because franchisees benefit from being part of something bigger than themselves — a brand family — they aren’t really taking on the risks and rewards of owning a business. But nothing could be further from the truth!
Each and every Big O franchisee works hard every day to grow their business and are responsible for the day-to-day operations of their franchise just like any other business owner. They’re out there every day meeting with customers, marketing their business, and making the same important decisions any business owner needs to make. The difference is that franchisees can look forward to ongoing franchisor support, which makes handling these responsibilities a little bit easier.
While it’s true that just about anyone can take advantage of a Big O Tires franchise opportunity thanks to our comprehensive training and ongoing support, starting a tire and car care franchise with us will require that you meet certain financial requirements, have a clean record, and are ready to put in the hard work and dedication needed to establish and grow your franchise.
We look for franchisee candidates who share our values and appreciate the opportunity that comes with a Big O investment. Our franchisees are ambassadors of the Big O brand, so we’re selective about who we award franchises to.
Don’t let franchising myths keep you from taking advantage of a Big O Tires opportunity. Get in touch today to find out why now is a great time to become part of our robust industry!
1. Fran Smart; How Many Franchise Organizations Are In The USA?; January 19, 2022