Thinking of Buying a Brinker International Franchise?
Basics to Consider Before Becoming a Brinker International Franchisee.
If you're thinking about buying a Brinker International franchise, there are many things to consider before signing on the dotted line. Becoming a Brinker International franchisee is not a guarantee of success, but rather a blueprint that can assist you in achieving success. Given the correct market conditions, skills and dedication, being a Brinker International franchisee might be financially rewarding.
Owning a Brinker International franchise is a serious commitment and works best when you make a thoughtful decision.
Just because you love Brinker International's products or services doesn't mean that you will be able to successfully operate a Brinker International franchise. Being emotionally attached to the idea of becoming a Brinker International franchisee is not a state of mind in which you can effectively evaluate an opportunity. Your positive experience as a customer of Brinker International should not form the basis for deciding to become a Brinker International franchisee. As an example, just because you love Big Macs doesn't mean that you should become a McDonald's franchisee.
Brinker International Due Diligence
You must conduct smart due diligence and determine from a business perspective whether owning a Brinker International franchise is right for you.
If you truly want own a Brinker International franchise, get all the information you can from Brinker International. Talk to Brinker International franchisees and secure a qualified advisor who has experience helping people like you purchase franchises. You may also want to download a free copy of A Glossary of Franchise Terms to help you.
Make sure that owning a Brinker International franchise fits in with both your skills and life style objectives. If you don't want to work evening and weekends, don't purchase an ice cream shop. If you're an introvert, don't buy a franchisee that requires you to be extroverted. Click here to download the questions you should ask yourself before considering the purchase of a Brinker International franchise.
Brinker International Franchise Disclosure Document
Carefully read the Brinker International Franchise Disclosure Document (Also known as an FDD). They can be intimidating. Chapter 7 of The Educated Franchisee explains what a Franchise Disclosure Document is and what the terms mean. Visit our FDD Exchange to view sample FDDs. A Brinker International FDD may be available.
As you are reviewing Brinker International's Franchise Disclosure Document you will have a number of calls with Brinker International's franchise team before you will be allowed to call Brinker International franchisees. Click here to download the questions you should ask the Brinker International franchise team.
When you are allowed to call Brinker International franchisees make sure you speak to at least five of them. You will find that most Brinker International franchisees will be honest and unbiased about Brinker International. Click here to download the questions you should ask Brinker International franchisees.
Brinker International Profit and Loss Statement
Put together an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a Brinker International franchisee. Reading Chapter 13 of The Educated Franchisee teaches you the secrets of this key step.
The decision making tools in Chapter 15 of The Educated Franchisee and in Step 13 of The Franchisee Workbook show you how to honestly evaluate whether or not buying a Brinker International franchise is the right move for you.
If you're serious about becoming a Brinker International franchisee and want to explore owning a Brinker International franchise, take the best first step you can and grab your copy of The Educated Franchisee today!