Many people looking to start a franchise or business wonder "How long does the "ramp-up" phase usually take for most franchises?"
Each franchise will have an estimated ramp-up time (ramp up times
vary greatly and largely depend on the type of franchise - but is
typically between 6-15 months). However, first we should define
"ramp-up" and what that means. It means starting a business from zero
revenue, following the proven model for that system, implementing what
you learned in the training from the franchisor and generally building
the business from start-up to a cash flow positive position. What does
that mean? That means the business not only pays all its necessary
business expenses, but also makes a profit to be able to pay the owner a
"living wage" or salary. It means the business is operating in the
black and finally able to compensate the owner.
How Long Will It Take To "Ramp Up" My Franchise?
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About the Author: Anne Barr RSS for Anne's articles - Visit Anne's website Anne Barr has over 32 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. Click here to visit Anne's website. Franchise Trends for 2011 Biggest Issues Potential Franchisees Need To Consider Franchise Resales What Do Franchisors Look For in Potential Franchisees Independent Contractor vs Employee |
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