Taking A Unique Approach To The Franchise Model

Metro Canada:

Starting a business can cost some serious cash. Operating a franchise? Well… it does too. If you’ve got the spirit of an entrepreneur, but the bank account of student, what are you supposed to do?

Some companies, including beauty product retailers Trade Secrets and Glamour Secrets, offer exclusive opportunities that make franchise ownership much easier for eager owners.

As part of the Manage to Own program, successful store managers are offered franchise ownership opportunities unavailable elsewhere. They get franchise rates and loans, while having the comfort of staying within an organization they’re familiar with.

“It’s for people we want to get in on the business but might not have the money to open a store,” explains Doug Warren, firector of franchising for Trade Secrets.

Without revealing the exact terms and conditions offered to people in the Manage to Own program, Warren says that “it’s a very attractive deal that we offer.”