New year, new start with Domino’s Pizza
Many people see January as the start of a ‘new year, new you’ – a time to reflect and re-evaluate. This is a great opportunity to make changes and having returned to work after a festive break, it is a perfect time to reinvigorate your career. In the current economic climate, what better way to take control of your own destiny than becoming your own boss.
Franchising can provide the perfect route for people who are keen to set up their own business but have never done anything like it before.
Choosing a reputable franchise will enable budding entrepreneurs to follow a tried and tested formula with the backing of a well-established brand. In addition, the franchise business model presents a lower risk than starting up independently, offering greater security and a stronger business foundation.
Andy Hirst, Head of Franchise Development at Domino’s Pizza explains: “The great thing about franchising is that you don’t need to have lots of experience. Good franchisors will provide all the necessary training and assistance to get your franchise up and running using a successful business model.”
Having completed the necessary training to become a franchise owner, applicants will have to secure the funds to get their business off the ground. With banks continuing to be cautious about lending, it’s good business plans and proven winners who will secure the capital required.
Andy Hirst continues: “As we have a solid business model, the banks see Domino’s as a good investment and remain keen to lend to franchise owners. With all the support that Domino’s offers to new business owners, there’s never been a better time to take control of your career and become your own boss.”
Franchisors such as Domino’s Pizza are finding the hospitality sector offers a wealth of untapped talent in the search for entrepreneurs who are keen to make their mark in the business world.
Andy adds: “The nature of franchising means that you don’t need to have lots of experience or to have previously owned your own business to become a successful franchise owner. However, we’ve recently recruited a number of new franchise owners from hospitality backgrounds and found that with their experience, they are extremely well suited to our business model.”
The fast paced nature of the hospitality industry and relentless focus on customer service makes a food franchise such as Domino’s an ideal choice for people looking to reap the rewards of owning their own business.
Domino’s will provide all the necessary training and assistance to get a new franchise up and running using a proven business model. Ongoing support is provided too so if you’ve never been involved in marketing or don’t have any IT experience, head office and field-based teams will provide the assistance you need.
New franchise owners just need to be committed to the brand and to delivering the best possible product and customer service – as well as sharing a passion for pizza!
“I’ve been working in the food franchising industry for the past 25 years and thrive on it. It’s such a vibrant, exciting sector to be in,” continues Andy.
“It might not seem like an obvious choice on first glance, but once you look into a business such as Domino’s, it’s easy to see why it’s such a good fit for those with hospitality experience.
“The sense of teamwork; fresh, high quality ingredients and the buzz of our in-store environment are just a few great reasons – not to mention the rewards of being your own boss. Pizza delivery continues to offer fantastic opportunities for growth and if you’ve got the drive, determination and passion we’re looking for, there’s never been a better time to start a Domino’s franchise.”
Franchises such as Domino’s can provide excellent opportunities for growth and fast progression. Franchise owners can typically go on to own three Domino’s stores in just five years and build up a portfolio of at least six stores in 10 years. Domino’s delivers fantastic rewards for passionate, hardworking entrepreneurs – in fact, one in three franchise owners are millionaires.
Domino’s franchise owner Filipe Maia e Silva studied hotel management in Switzerland and worked in the hospitality industry for 12 years before taking the plunge to open his Domino’s store in Bolton.
“I’d always wanted to own my own business,” says Filipe. “While opening a Domino’s franchise might not be a typical next step, it’s the best decision I’ve made. I’ve a passion for good food and customer service, so Domino’s was an ideal choice for me to continue using my hospitality experience, while earning the rewards of being a franchise owner"
Filipe opened his first Domino’s store in the north of Bolton in December 2009, and has not looked back.
“Domino’s proven business model and well-recognised brand, combined with its franchise owner support, has really given me a great boost and enabled me to hit the ground running,” he says. “I’m relishing the challenge of owning and running my own business – it’s busy and hands-on but I love it and certainly wouldn’t go back!”
The cost to become a Domino’s franchise owner is £280,000 and applicants will need access to around £120,000 of their own money. In return, Domino’s will provide a store and all the necessary support to help a new franchise owner run a great business with good financial rewards.
Reported by Fraser McKay