Starting a franchise can be a daunting leap, but what if you could have family by your side throughout the whole process? What if you could go into business with your dad? For many franchisees, working with family, and dad in particular, is a viable option both financially and in day-to-day operation.
Family franchisees are finding success all around the country. Because you know your family intimately, you understand their personalities and how to interact with one another. There may be no better person for you to go into business with than your dad.
In Calgary, a family-owned Minuteman Press franchise in the Beltline region celebrated 13 years of business success in 2017. The franchise is run by Saquib Taritq and his brother Faisal, and their father Tariq Choudhary helps them with financial planning, expansion, and consulting. And in Saskatoon, father-son duo Terence and Blake Labras found so much success in their Betts Avenue Fatburger location that they recently opened another Fatburger franchise location at the Preston Crossing open-air shopping centre.
Working with family can be a rewarding experience that allows family bonding while also serving your community. A father-daughter team in Alberta became Amramp’s first Canadian franchise. Lorne and Elfi Wensel opened their wheelchair ramp installation franchise in 2012 and continue to prosper. Elfi coordinates the business’s sales and marketing while her father Lorne consults with clients on the installation of the ramps. For the Wensels, the key to a family-run franchise is collaboration and knowing who works best at what job.
This is a chance to work with someone you admire and have looked up to your whole life. Boston Pizza franchisee Sarthak Kapur watched his father Anil’s passion for his Boston Pizza franchise and decided to join his father as a franchise partner. The pair, along with two others in their team, has been able to grow their portfolio to 12 Boston Pizza locations. By working together and overcoming business obstacles together, they feel they have created a stronger father-son bond.
Ultimately, only you can know if working with family is the right choice for your business. But finding the right business partner can alleviate the stress of franchise ownership by giving you someone to help share the load, whose complementary skills can help you and your business succeed.