|
Below is an in-depth analysis and side-by-side comparison of Big Dad's Pies vs The Donut Baker including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $220,000 - $250,000 | $68,000 - $150,000 |
Franchise Fee | N/A | $20,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 2%local +2%Nat'l |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | No special education or prior experience in our type of business is required for a person to be considered as a possible Big Dad�s Pies franchisee. Even if you haven�t worked in retail before, we will ensure you the opportunity to succeed. It is essential that our franchisees become personally involved in every facet of their business. You should be willing and able to perform all sales, on-site production and other functions required on a daily basis. By recruiting, training and retaining quality staff, the individual demands on you can be lessened, but your personal involvement is essential to maximise the potential of your business. | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | The Donut Baker Academy offers a broad range of technical and managerial courses. The training is designed to provide you with the key skills required to run your stores with a passion for quality - a passion your customers will sense and appreciate through their overall experience at the store. The Donut Baker also offers onsite training by its experienced professionals and has a specialized team taht can assist your local team in opening a new store. |
Support | We provide a comprehensive franchise support program: * Regular support & supervision from the franchise team through site visits and telephone support * Ongoing business advice & coaching on how to operate the franchise and improve your bottom line * Assistance with your individual strategic plan * Local Marketing advise specific to your store * Continual improvements & updates to the Franchisee Operations Manual * Research & development of new products * Regular quality control in shop standards across the total franchise network * Quarterly business operations review for every franchisee * Weekly franchisee newsletter * Latest equipment advice * Negotiating product supply agreements | The Donut Baker will support you from the moment you sign a contract to the time your store - or stores - open. And the support continues during operation through continuous monitoring of your store, helping you to achieve a consistent high level of customer experience. We also help you promote your business by marketing the brand effectively within your territory. Because our ultimate goal is the same as yours - to generate solid returns on investment by running the business professionally and with the full support of The Donut Baker's proven systems. |
Marketing | We nurture the Big Dad's brand in a number of ways, including: * Point of sale displays * Cross media advertising including newspapers, radio, billboards & flyers * Production of quality advertising & promotional materials * Good internet presence * Excellent signage at every location * Special offers to customers | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Becoming a successful franchisee with The Donut Baker isn't as daunting as it might seem. Naturally, there will be challenges but the basic requirements you need to overcome them and make your franchise work are assets you probably already possess. Essentially, we at The Donut Baker look for highly motivated organizations or entrepreneurs with a sincere commitment to building a retail brand in their territory. More specifically, we believe that to succeed in the franchise business one needs to have the 3 Cs - Capital, Commitment, and Competence. And the same applies to you as an aspiring franchisee.