Basics of a Port of Subs Franchise
If you’re thinking about buying a Port of Subs franchise, there are many things to consider before signing on the dotted line. Becoming a Port of Subs 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 Port of Subs franchisee might be financially rewarding.
Owning a Port of Subs franchise is a serious commitment and works best when you make a thoughtful, educated decision.
- Just because you love Port of Subs’s products or services doesn’t mean that you will be able to successfully operate a Port of Subs franchise.
- Being emotionally attached to the idea of becoming a Port of Subs franchisee is not a state of mind in which you can effectively evaluate an opportunity.
- Your positive experience as a customer of Port of Subs should not form the basis for deciding to become a franchisee.
As an example, just because you love Big Macs doesn’t mean that you should become a McDonald’s franchisee.
Are you looking for some free resources to help you determine if a Port of Subs franchise is for you?
Port of Subs Due Diligence
You must conduct smart due diligence and determine from a business perspective whether owning a Port of Subs franchise is right for you.
If you truly want own a Port of Subs franchise, get all the information you can from Port of Subs and secure a qualified advisor who has experience helping people like you purchase franchises.
You may also want find that gaining a better understanding of the terms related to franchising would be helpful. If so, you may want to visit A Glossary of Franchise Terms.
Make sure that owning a Port of Subs 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.
Are you interested in more questions to ask Port of Subs franchisor, Port of Subs franchisee, or even yourself? Get to know the terms.
Port of Subs Franchise Disclosure Document
Carefully read the Port of Subs Franchise DisclosureDocument (Also known as an FDD). They can be intimidating.
As you are reviewing Port of Subs’s Franchise Disclosure Document you will have a number of calls with Port of Subs’s franchise team before you will be allowed to call Port of Subs franchisees.
When you are allowed to call Port of Subs franchisees make sure you speak to at least five to eight franchisees. You will find that most Port of Subs franchisees will be honest and unbiased about Port of Subs. If you would like more information on how to dissect a Port of Subs FDD consider the following resources:
Does a Port of Subs Franchise Make Money?
A critical part of your due diligence is to build an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a Port of Subs franchisee. Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step.
The decision making tools in Chapter 15 of The Educated Franchise and in Step 13 of The Franchisee Workbook shows you how to honestly evaluate whether or not buying a Port of Subs franchise is the right move for you.
If you’re serious about becoming a Port of Subs all franchisee and want to explore owning a Port of Subs franchise, take the best first step you can and grab your copy of The Educated Franchise today!