1. Research the franchise market – Understand the industry and what it takes to be successful as a franchise owner.
2. Speak with existing franchisees – Get an idea of their experiences and success with running a Pure Barre studio.
3. Ensure you have sufficient capital – Calculate the total cost of starting up a Pure Barre franchise, including the initial investment and ongoing expenses.
4. Create your business plan – Outline your goals, objectives and strategy for running a successful Pure Barre studio.
5. Obtain funding – Secure financing to cover any shortfall in startup capital by applying for loans or seeking investors.
6. Find a suitable location – Research the local market to find a space that meets Pure Barre’s requirements and will be popular with customers.
7. Secure necessary permits and licenses – Follow all regulations in your area, such as obtaining zoning permits and business licenses.
8. Prepare for opening day – Hire staff and purchase necessary equipment, supplies and merchandise for your studio.
9. Launch your franchise – Market your new business to the local community and beyond.
10. Monitor your progress – Check in on a regular basis to ensure you’re meeting goals, making profits and providing an excellent customer experience.