Three Myths About Opening a Used Car Franchise and How We Shatter Them!
Did you know there are over 750,000 franchise establishments in the United States? Three-quarters of a million franchises speak to the effectiveness of the franchise model and the many benefits it offers. But while millions of people shop at franchises, eat at franchises, and live near them, there are some myths or misconceptions about doing business as a franchisee that might discourage someone from taking advantage of the Byrider opportunity to open a used car franchise. Let’s take a look at three of those myths here — and set the record straight!
You Need Experience in the Industry
Requiring a background in the industry is a common misconception and one that the Byrider opportunity addresses head-on! The fact is, when you partner with us, you don’t need experience in our industry; our comprehensive pre-opening training and ongoing support not only prepare you to leverage it to the fullest but will keep you on track toward success. Some of the resources you’ll enjoy when opening a used car franchise with Byrider include:
- Formal training conducted at the Byrider Training Center in Carmel, IN, where we’ll go over all aspects of day-to-day operations
- Regional training conducted at various sites throughout the year
- Access to our proprietary operations manual that contains valuable information about important procedures, standards and best practices
- Expert advice through our peer-assigned franchise consultants and functional experts for the life of your business
Furthermore, our proprietary software helps you manage just about every aspect of running your dealership, and our expert marketing team works hard every day to help get the Byrider name out there and in front of your best customer.
You Won’t Have Freedom
A common myth about the franchisor/franchisee relationship is that the former won’t allow the latter to run things on his or her own. Actually, nothing could be further from the truth. While all franchise brands do have specific guidelines and procedures that franchisees must follow (it’s what takes so much of the guesswork out of running your business), the fact is, our business model allows for a lot of individuality. You’ll decide who to hire, who to finance, and how you want to structure your time at your dealership.
Furthermore, our franchisees often find that once they’ve established their business, they’re able to strike a better work/life balance, one that allows them more time with family and friends. That’s just one of the benefits of opening a used car franchise with Byrider. The bottom line is that allowing our franchisees to make important decisions on their own and run their businesses without interference contributes to our brand’s overall success.
You’ll Expose Yourself to Too Much Risk
Starting any small business carries with it a certain amount of risk. But franchises are statistically less risky endeavors because of all the work the franchisor has already invested in it. Kinks have been worked out, best practices have been put in place, and the business model acts as a sort of roadmap for franchisees to follow.
Of course, no brand can guarantee its franchisees’ ultimate success. But when you partner with a name like Byrider to open a used car franchise, you’re capitalizing on our decades of experience and our deep knowledge of the industry. Having access to our expertise and resources takes a lot of the work and worry out of starting your dealership, freeing you up to focus on what matters most — growing your business and enjoying success!
Don’t let misconceptions keep you from leveraging our robust industry. Reach out today to find out more about Byrider and how we support our franchisees!