Thinking of Buying a Sizzler USA Franchise?
Basics to Consider Before Becoming a Sizzler USA Franchisee.
If you're thinking about buying a Sizzler USA franchise, there are many things to consider before signing on the dotted line. Becoming a Sizzler USA 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 Sizzler USA franchisee might be financially rewarding.
Owning a Sizzler USA franchise is a serious commitment and works best when you make a thoughtful decision.
Just because you love Sizzler USA's products or services doesn't mean that you will be able to successfully operate a Sizzler USA franchise. Being emotionally attached to the idea of becoming a Sizzler USA franchisee is not a state of mind in which you can effectively evaluate an opportunity. Your positive experience as a customer of Sizzler USA should not form the basis for deciding to become a Sizzler USA franchisee. As an example, just because you love Big Macs doesn't mean that you should become a McDonald's franchisee.
Sizzler USA Due Diligence
You must conduct smart due diligence and determine from a business perspective whether owning a Sizzler USA franchise is right for you.
If you truly want own a Sizzler USA franchise, get all the information you can from Sizzler USA. Talk to Sizzler USA 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 Sizzler USA 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 Sizzler USA franchise.
Sizzler USA Franchise Disclosure Document
Carefully read the Sizzler USA 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 Sizzler USA FDD may be available.
As you are reviewing Sizzler USA's Franchise Disclosure Document you will have a number of calls with Sizzler USA's franchise team before you will be allowed to call Sizzler USA franchisees. Click here to download the questions you should ask the Sizzler USA franchise team.
When you are allowed to call Sizzler USA franchisees make sure you speak to at least five of them. You will find that most Sizzler USA franchisees will be honest and unbiased about Sizzler USA. Click here to download the questions you should ask Sizzler USA franchisees.
Sizzler USA 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 Sizzler USA 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 Sizzler USA franchise is the right move for you.
If you're serious about becoming a Sizzler USA franchisee and want to explore owning a Sizzler USA franchise, take the best first step you can and grab your copy of The Educated Franchisee today!