My Donut Business.com » donut franchises http://mydonutbusiness.com -- A glimpse into what we are doing and how we are doing it... Wed, 17 Aug 2011 02:51:15 +0000 en hourly 1 http://wordpress.org/?v=3.1.2 Doing it Small or Going Big http://mydonutbusiness.com/doing-it-small-or-going-big/ http://mydonutbusiness.com/doing-it-small-or-going-big/#comments Fri, 21 May 2010 10:42:50 +0000 John http://mydonutbusiness.com/?p=150 Do you want to have a small business or do you want to go big? There is basically two things you can do when starting a donut business, you can start small or start big. When you start small, you buy a basic donut making machine from someone, set up at a church or local event, perhaps even a fair or festival. You could travel around to different places close to your area and probably do very well. It would not take very long for people to fall in love with your doughnuts. People fall in love with your doughnuts if you have a good recipe and they follow you, and perhaps tell their friends all about you. You could even set up little doughnut boxes in local businesses.

If you do not want to start small and you have the capital and resources to do so, you may want to go big and buy into a donut franchise. There is an enormous amount of capital required in order to start a donut franchise as you can imagine. The rewards can be great plus you have the backing of someone who is experienced in the industry. This experience can be very valuable as you work your way through the business. You do not have to worry about trial and error, making mistakes as they have your back. I personally was always leery about franchises in other industries. I had once thought about opening up a cleaning business using a franchise system. But luckily I was talked out of it. If I was not talked out of it could be several thousand dollars in debt to this day. Thank goodness I never went through with it that started it on my own. We have a blog about that as well you may want to look into it.

Look up donut franchise on the Internet and you will see several resources regarding this industry. Be sure that you have your financial house in order though, because it will be required in order for you to sign on the dotted line. This is pretty much the case with all franchises, you need to have your financial house in order. You can most definitely make it without a franchise, sometimes it may be even better.

]]> http://mydonutbusiness.com/doing-it-small-or-going-big/feed/ 0 Donut Franchise — Video Commentary http://mydonutbusiness.com/donut-franchise-video-commentary/ http://mydonutbusiness.com/donut-franchise-video-commentary/#comments Tue, 16 Mar 2010 00:57:17 +0000 John http://mydonutbusiness.com/?p=167

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