Working in a children's business sounds like the most fun job ever to many people, and it can be. However, like any business, there are critical things that must be done to set yourself up for success. That starts with separating the two words, "children's business", and carefully considering how your product or service holds up to each of the them separately. Looking at things through both lenses can give you the clarity to offer something that will be both rewarding and in demand.
We are right in the middle of the holiday season, and there is no doubt that kids get excited about the surprises and fun that come along with this time of year. While JumpBunch franchise owners don't wrap up each week's activity in colorful paper and bows, they deliver that same excitement of giving something new each time they walk through the doors with their bags of equipment. Parents love to see their kids excited and happy, and that is part of what makes JumpBunch such an appealing program. You can bet that happy parents and excited kids are things school directors definitely want to see!
Persistence, resilience, tolerance for risk, and courage are all qualities you need to be a successful business owner, or in our case, a franchisee. The reality is that you need all of these, but which is most important? A survey of our JumpBunch franchisees revealed opinions that broke out in the following way.
Many entrepreneurs opt to franchise a business rather than starting from scratch. The security of a proven business model combined with the support and resources offered makes it very appealing. However, it is important to remember that even franchise businesses can be risky if the decision is made without a lot of thought and planning. It’s easy to avoid being guilty of the common mistakes that a lot of entrepreneurs make, if you keep the following tips in mind:
Good news! Children’s franchises are continuing to grow in popularity. Here are some statistics that exemplify the success that our industry is experiencing: